Australian senator says blockchain can make financial compliance easier
“The future is technology by blockchain,” says an Australian Liberal senator. Australian Liberal Senator Andrew Bragg thinks that blockchain technology can solve a number of major regulatory issues in his home country.According to Bragg, blockchain technology could become a useful tool in reducing complications associated with financial regulatory compliance and transparency. “The future is technology by blockchain,” the senator said at an online panel of the Future of Financial Services 2020 conference, ZDNet reported on Nov. 4.Bragg said that blockchain-powered instant cross-border....
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An Australian senator has come out as a big fan of blockchain, saying the technology could help facilitate government processes, tighten up financial regulation and more.
Decentralized autonomous organizations, or DAOs, make some people uncomfortable. Especially this Australian lawmaker. Australian Senator Andrew Bragg kicked off the Australia Blockchain Week (ABW) conference with a no holds barred legislative proposal that he hopes would lay the foundation for DAOs and Australia’s new digital asset economy. The Liberal Party member announced a comprehensive piece […]
Australian Senator and Minister of Financial Services Jane Hume said that “cryptocurrency is not a fad. It is an asset class that will grow in importance.” She emphasized that the government won’t stand in the way of crypto investing. “We have to let people make their own decisions,” she said. Australian Government Won’s Stand in the Way of Crypto Australian lawmaker Jane Hume said on Thursday that cryptocurrencies are not a passing fad and will grow in importance as an asset class, the Financial Review reported. Her crypto comments were part of her....
Australian Senator Jane Hume says we need to acknowledge that cryptocurrency is not a fad, adding that there are huge opportunities in decentralized finance (defi). “We should tread cautiously, but not fearfully,” she said, emphasizing that “Australia mustn’t be left behind by fear of the unknown.”
Australian Senator Says Crypto Is Not Going Away, Sees ‘Incredible’ Opportunities in Defi
Australian Senator Jane Hume talked about cryptocurrency and decentralized finance (defi) Monday during her speech at the Australian Financial....
Senator Bragg says that his government won’t let Aussie banks to practice anticompetitive de-banking against crypto companies. Australian banks have been dressing up anti-competitive behavior as regulatory compliance when de-banking crypto customers, Senator Andrew Bragg said. “I believe many banks have been dressing up de-banking as a regulatory necessity. In fact it is often anti-competitive behavior and far more sinister and threatening than it appears on the surface,” the Liberal Senator for New South Wales said in a prepared address to the Tech Council of Australia tod. Denial of....