Bitcoin 

Gemini Launches in Australia, Enables All Supported Coins Except GUSD

The Winklevoss twins’ crypto exchange and custody Gemini is expanding to Australia, enabling residents of the country to use its platform to buy, sell and store crypto. Australian residents can now download the Gemini mobile app on iOS or Android to trade major cryptocurrencies, according to a press release shared with Cointelegraph on Aug. 21. The list of supported digital coins includes Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC) and Zcash (ZEC). While Gemini supports six cryptos, its stablecoin Gemini dollar (GUSD) is not supported in Australia, according…

Read More
Cryptocurrency 

Biggest University in Western Australia Accepts Bitcoin for PhD Program

Curtin University, the largest university in Western Australia with over 58,00 students, announced the launch of a cryptocurrency PhD program on July 23, 2019.  Curtin University Accepts Bitcoin, Ethereum The Cryptocurrency PhD Scholarship Fund will allow companies and individuals to help PhD students studying  blockchain, cybersecurity and data analytics through cryptocurrency funding.  Focused on cryptocurrency and blockchain technology, the higher education program will be entirely funded through bitcoin or ethereum, which school officials say will help popularize cryptocurrencies as a payment method.  Curtin University Associate Deputy Vice-Chancellor Research Excellence Professor…

Read More
Bitcoin 

Australia Central Bank Argues Bitcoin ‘Unlikely’ To Become Mainstream

Australia’s central bank said bitcoin (BTC) and cryptocurrencies would remain outside mainstream payments in a dedicated article issued on June 20. Titled ‘Cryptocurrency: Ten Years On,’ the document from the Reserve Bank of Australia (RBA) appears to commemorate the past decade of bitcoin’s existence while admitting zero faith in its future beyond a niche asset. “Despite achieving some name recognition, cryptocurrencies are not widely used for payments,” its abstract summarizes. “This article examines why Bitcoin is unlikely to become a ubiquitous payment method in Australia, and summarises how subsequent cryptocurrencies…

Read More
Bitcoin 

Australia Investigating Major Tax Crimes as Part of Crypto-Focused Tax Enforcement Taskforce

Australia’s tax agency, the Australian Tax Office (ATO), is investigating 12 major international tax avoidance schemes, with a key focus on cryptocurrency-enabled activities. The news was reported by local broadsheet The Sydney Morning Herald on June 6. The ATO’s intensified cross-border investigations were reportedly revealed following a meeting of the J5 — also known as “The Joint Chiefs of Global Tax Enforcement.” As previously reported, the J5 is an international taskforce of tax enforcement authorities from Australia, Canada, the Netherlands, the United Kingdom and the United States. It was established…

Read More