IBM backs new stablecoin
IBM is backing a new cryptocurrency pegged to the U.S. dollar, in a partnership with U.S.-based financial services provider Stronghold that adds stability to a sector known for its volatility, the companies said.
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News about digital currency
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Government cracks down on bitcoin money laundering
The government has moved to close what it has described as a “regulatory gap” by bringing businesses that deal with the exchange of digital currencies such as bitcoin within the purview of Australia’s anti-money-laundering rules.
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Money laundering using bitcoin a ‘significant’ risk, finds govt review
A government review of the federal anti-money-laundering regime has concluded that the use of digital currencies such as bitcoin to evade monetary controls poses a “significant” risk.
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Government to end ‘double taxation’ of bitcoin
The government will change the tax treatment of transactions involving digital currencies such as Bitcoin, Treasurer Scott Morrison announced today.
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Bitcoin's blockchain could 'fundamentally change' financial system: ASIC chief
Greg Medcraft, the chairperson of Australia's corporate regulator, the Australian Securities and Investments Commission, believes that the blockchain technology employed by Bitcoin has the potential to dramatically change the global financial system.