Pirates Had it Too: Australia to Create Crypto’s Code of Conduct
The Australian Digital Currency and Commerce Association (ADCCA) has joined forces with Deloitte and others to create a “code of conduct” for cryptocurrency operators. The code, which ADCCA bills as a role model for engagement between regulators and the industry, is being developed with consumer protection in mind. Nicholas Giurietto, CEO of the ADCCA, says: “Because we know that the pace of change in technology and business models can often outrun the ability of both regulators and organisations to keep up, key players in the industry have come together to voluntarily create the Digital....
Related News
Digital currency advocates in Australia have launched a new code of conduct initiative aimed at promoting self-regulation in the nascent technology space. The Australian Digital Currency & Commerce Association (ADCCA) announced today the launch of the Digital Currency Industry Code of Conduct, which the group said was a result of recommendations in 2015 Senate report. The initiative was first announced in February. One of the key suggestions in that report was that, as the government formulates a more concrete strategy for regulating digital currencies like bitcoin, self-regulation....
The Nigerian blockchain and crypto advocacy group, the Stakeholders in Blockchain Technology Association in Nigeria (SIBAN) recently announced the introduction of a code of conduct for Nigerian virtual assets service providers. The code of conduct, which was initiated by the office of the President of Nigeria, applies to all Nigerian VASPs.
Making the Nigerian Blockchain Industry a Safe Space
The Nigerian blockchain group, the Stakeholders in Blockchain Technology Association in Nigeria (SIBAN) has introduced what it called a code of conduct for virtual asset service providers....
The Australian Digital Currency and Commerce Association (ADCCA) is recommending a code of conduct for bitcoin companies on account of the inability of the Igot bitcoin exchange to deliver bitcoins people paid for or refund their money, according to ABC. Igot clients said the exchange owes them hundreds of thousands of dollars. The exchange has been unable to deliver on purchases or provide refunds for months. The exchange was launched in 2013, according to its website. Nicholas Giurietto, ADCCA chief executive, said Igot customers have been devastated. The association expects to have a....
Australia's premier research institution CSIRO to conduct an investigation into blockchain technology and its potential uses. The relationship between Bitcoin and Australia has been a roller coaster ride so far. There have been ups and downs, but now the country’s premier research institution, CSIRO (Commonwealth Scientific and Industrial Research Organization) intends to conduct an in-depth study of the digital currency technology to analyze the possibility of its implementation in different financial and industrial sectors. The announcement by CSIRO comes amidst the ongoing brouhaha....
Custos Media Technologies, a Stellenbosch, South Africa-based company that uses the blockchain to fight media piracy, has raised $265,000 USD in seed funding from Digital Currency Group (DCG) and a South African private investor, according to Ventureburn.com. The company uses technology that watermarks bitcoin into a piece of media that it tracks in the blockchain to identify infringements. The system uses crowdsourcing to provide a bounty to downloaders who identify pirates. Content creators and distributors can embed an identifying code into each piece of content that they provide to a....