Tuesday, March 2, 2021
FinTech startups around the country may be allowed to operate under more relaxed regulations with the publication of new draft laws by the Australian government. The new “enhanced regulatory sandbox” will ease licensing requirements for FinTech startups, making it possible to test a wide range of products and services without...
This week it was announced that the Russian Association of Blockchain and Cryptocurrency (RACIB) will be developing a uniform ratings standard for ICOs. These standards will be written with the goal of uniting blockchain participants, owners, miners, and investors of cryptocurrencies and ICOs, and will apply to both Russian and...
ICOs are already booming in the business world, but the real extent of their possibilities has only just been presented with one Australian company raising 21,000 Bitcoins worth of capital. HCash, a blockchain security startup, closed their ICO round on July 15, 2017 with 21,000 Bitcoins. That day’s exchange rate...
Solar power startup Power Ledger is set to be one of others to receive $8.25 million in funding from the Australian government for running a project that uses blockchain. The innovative project set in Fremantle, WA will receive $2.57 million from the Australian government, with an additional $5.68 million funded...