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Digital Economy Strategy update for 2022

To cement Australia’s digital economy, the Australian Government has released an update to its Digital Economy Strategy for 2022. Since the outbreak of COVID-19, the Australian Government has invested more …
April 12, 2022

Adequacy of digital platforms’ disinformation report

The Australian Communications and Media Authority (ACMA) has released a report to the government on the adequacy of digital platforms’ disinformation and news quality. As part of the Digital Platforms …
April 12, 2022

European Union releases report on proposed MiCA Bill

The European Union (EU) published a report by the Economic and Monetary Affairs Committee (ECON) on the upcoming Markets in Crypto-assets Regulation Bill (MiCA Bill). The MiCA Bill was initially …
April 4, 2022

Australian Parliament amends national security legislation

The Australian Parliament recently amended national security legislation via the National Security Legislation Amendment (Comprehensive Review and Other Measures No.1) Bill to enhance Australia’s security capabilities. The Bill is coming …
April 4, 2022

ASIC warns social media influencers of potential breach of Corporations Act

The Australian Securities and Investments Commission (ASIC) has published an Information Sheet (INFO 269) warning social media influencers of their potential breach of the Corporations Act 2001 (Cth). INFO 269 …
March 28, 2022

ANZ first bank to issue Australian dollar stablecoin

The ANZ Bank has minted the first-ever stablecoin that is pegged to the Australian dollar. This move by the bank is off the back of Australia’s push to legitimise the …
March 28, 2022

Virtual meetings and e-signatures become permanent for corporations

The Corporations Amendment (Meetings and Documents) Act 2022 (Cth) (Act) has received royal assent to make virtual meetings and e-signatures permanent for Australian corporations. The Act was initially introduced as …
March 21, 2022

US Senator proposes Bill to prevent economic sanction evasion

Senator Warren of Massachusetts United States has proposed the Digital Assets Sanctions Compliance Enhancement Bill (Bill) to prevent cryptocurrency companies from conducting business with sanctioned Russian persons. This Bill came …
March 21, 2022

Federal Court finds Privacy Act to apply even if companies have no physical presence in Australia

The Federal Court of Australia recently confirmed the wide extraterritorial application of the Privacy Act 1988 (Cth) and the notion of holding personal information without physical presence in Australia. The …
February 27, 2022

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