Tag: Australian Government

Australian Government Tries to End Encryption Once Again

Multiple governments around the world have not taken a liking to encryption. In fact, some officials want to end encryption in their respective countries once and for all, which will be met with a lot of criticism. NordVPN is warning about a new bill making its way through Australia’s government right now. This new anti-encryption bill will have severe consequences if it is turned into law. Australia Wants to end Encryption It …
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Australian Government Releases Response on Digital Currency & FinTech Regulations

The Australian Government has released a 5-page report detailing its response to the recommendations made by the Australian Senate Economics References Committee last year, which called for all digital currency exchanges within the country to be brought under existing anti-money laundering (AML) and counter-terrorist finance (CTF) regulations. The Senate Committee’s report also recommended that digital currencies should be treated as traditional fiat currencies for the purpose of eliminating double-taxation under …
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