Australian Senator Touts Blockchain Tech for ‘One-Touch’ Government
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.
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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....
“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....
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....
Australian Bitcoiners seems to have a champion within the government, a rare sight that may have the potential to reverse Australia's current Bitcoin regulatory haze. Labor Senator Sam Dastyari, the chairman of the Australian Senate's Economic References Committee, has urged a list of 74 organizations and companies from around the world to provide comment to his committee's inquiry into digital currencies. Earlier this month, the Australian Senate revealed that it was launching an investigation into Bitcoin with a finalized report scheduled for release on 3/15/15. Senator Dastyari told the....
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 […]