#Digitalx
“Innovation will flourish” in the digital currency sector as anti-laundering laws pass
The passage of anti-money laundering legislation through Parliament on Thursday will facilitate further growth in Australia’s local blockchain and digital currency industry, according to local fintech leaders. The Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2017 will extend anti-money laundering and counter-terrorism financing regulation to digital currency exchanges. The legislation requires these exchanges to monitor […]
Bitcoin ATMs to be rolled out across Australia
Australian ATM provider Stargroup has entered into a joint venture with blockchain technology company DigitalX to roll-out ‘two-way’ Bitcoin ATMs across its global network, commencing with Australia. At present, there are only 16 ATMs in Australia that can facilitate a Bitcoin transaction. A vast majority are one-way ATMS, meaning users can only acquire Bitcoin to […]