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Is Bitcoin now legal in China?

19/05/2022

A civil case ruling involving Bitcoin in the Shanghai People’s Court this month has prompted speculation regarding China’s stance on the legality of cryptocurrency. The wider implications, however, remain to be seen. China’s ban on crypto In September 2021, the People’s Bank of China (PBOC), along with nine other authorities including the Supreme People’s Court […]

A$DC - First Australian dollar stablecoin minted by ANZ Bank

21/04/2022

On March 24 2022, Australian media (Eyers, 2022) reported that ANZ Bank had created a stablecoin linked to the Australian dollar to reduce risk and improve transaction speed and cost for one of its clients to purchase digital assets. This was a landmark transaction for the digital economy, as this is the first time an […]

Government moves forward with crypto – payments reform

07/04/2022

New applications of blockchain-based technologies are continuously evolving, leaving many governments racing to implement suitable frameworks for the interactions of these technologies on their economies and domestic payment systems. The increased accessibility and uptake of digital assets by personal, retail, wholesale and institutional investors throughout 2021 has had global regulators playing catch up and in […]

Innovations & regulation – the future of crypto

11/02/2022

As cryptocurrency moves beyond the periphery of financial services into the mainstream, most people now understand the basics of crypto, but its independence from regulated systems and the pace of its evolution remain problematic for governments. Since the first transaction of bitcoin in 2009, new cryptocurrencies, networks, platforms and brokers have been established and continue […]

Exporter tips - how to get paid

17/06/2021

Exporters are often uncertain about how to optimise their chances of getting paid. There are currency aspects to be aware of, and we include several tips to assist companies on their journey. Australia is a major producer and exporter of natural resources and energy, food and agricultural commodities, education and tourism. We also export many other […]