Tag Archive: AUSTRAC

  • Bitcoin Exchanges in Australia Will Have to Register with the Government Bitcoin, Bitcoin Exchange, Bitcoin Regulation, Legislation, News, News teaser

    Bitcoin Exchanges in Australia Will Have to Register with the Government

    Bitcoin’s unprecedented growth and recent shift into the mainstream financial sector has many governments around the world increasingly worried. Australia has become the latest country to impose restrictions on digital currencies. Those who operate bitcoin exchanges in Australia will now have to register with Australia’s anti-money laundering agency, AUSTRAC. This new directive will also affect all other digital currencies that operate within the domain of the country. The latest development was born out of legislation that was

    · December 8, 2017 · 11:00 pm
  • Australia Bitcoin, FinTech

    Australia’s Cyber-Intelligence Team to Focus on Financial Threats

    On August 25, 2016, Australia’s Minister of Finance, Malcolm Keenan, announced that the Australian Transaction Reports & Analysis Centre (AUSTRAC), will be launching a new cyber-intelligence team. Also read: Atlanta’s Blockchain Enthusiasts Take an In-Depth Look at Dash Task Force Designated to Take on “Financial Threats” Facing Australia The team is intended to specialize in gathering information about financial threats to the country as as an additional way of preventing and managing finance-related cybercrime. Some threats the team

    · August 28, 2016 · 10:07 pm