27 Oct '16, 3pm

Australia Will Regulate Bitcoin Exchanges Under AML Laws

Australia Will Regulate Bitcoin Exchanges Under AML Laws

The Australian government is looking to update its anti-money laundering laws to include bitcoin and other digital currency exchanges. According to a consultation document published this week by the Australian Attorney-General’s Department, the government wants to begin drafting legislative proposals by the middle of next year. The goal is to begin finalizing that legislation in 2018. To get there, the government is soliciting public comment on the proposal, which comes amid a broader push to revise the country's money laundering laws, between now and the end of 2017. For now, the proposal is in an early stage, with relatively few details available as to how the legislation might be drafted or what kinds of companies beyond exchange services would be covered. The agency wrote: “The AML/CTF Act should be amended to regulate activities relating to convertible digital currenc...

Full article: http://www.coindesk.com/australia-bitcoin-exchanges-aml/

Tweets

A Lower Block Time Could Help Bitcoin Scale, But Will It Work?

A Lower Block Time Could Help Bitcoin Scale, Bu...

coindesk.com 26 Oct '16, 5pm

A small tweak to bitcoin could have a big impact. This has been the central point of contention in bitcoin's "block size d...

Bitcoin and Zcash: How Do They Compare?

Bitcoin and Zcash: How Do They Compare?

coindesk.com 28 Oct '16, 9pm

Alex Sunnarborg is the founder of Lawnmower, a blockchain investing and market data platform founded in 2015. In this opin...

Derivatives Giant CME Sets Launch Date for Bitcoin Indexes

Derivatives Giant CME Sets Launch Date for Bitc...

coindesk.com 27 Oct '16, 7pm

The CME Group is launching two previously announced bitcoin price indexes next month. The exchange services operator said ...

Bitcoin ATM? Ask @Deloitte

Bitcoin ATM? Ask @Deloitte

coindesk.com 27 Oct '16, 5pm

'Big Four' accounting firm Deloitte is now the owner and operator of its first bitcoin ATM. After a quiet unveiling yester...

The Plot Thickens As DAO Attacker Trades Stolen Funds for Bitcoin

The Plot Thickens As DAO Attacker Trades Stolen...

coindesk.com 27 Oct '16, 9pm

The DAO hacker is one step closer to turning a real-world profit. The saga that started in June with a high-profile hack o...

Bitcoin Transactions Confirmation Delays

cointelegraph.com 27 Oct '16, 5pm

Were you one of those who experienced problems with getting confirmations on your Bitcoin transactions? Well, it was a gen...

Chinese Government To Impose Capital Controls On Bitcoin Exchanges

Chinese Government To Impose Capital Controls O...

newsbtc.com 03 Nov '16, 6pm

China has always been the driving force behind Bitcoin, as cryptocurrency is largely unregulated in the country. That situ...

Overstock's Blockchain Stock Will Begin Trading in December

Overstock's Blockchain Stock Will Begin Trading...

coindesk.com 25 Oct '16, 6pm

Online retail giant Overstock will begin trading blockchain-based shares of its stock in December. CEO Patrick Byrne revea...