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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

New Therapeutic Goods Advertising Code drops on online influencers

The Australian medical regulator announced the new Therapeutic Goods Advertising Code (Code), banning online influencers from receiving any rewards for promoting products. The Code is designed to impart higher ethical …
February 27, 2022

Social media users receive new protections under Anti-troll Bill

With the recent announcement of the Social Media (Anti-Trolling) Bill, online users will be granted the ability to unmask anonymous trolls. In late 2021, the federal government proposed the Social …
February 22, 2022

China unveils digital yuan at Winter Olympics Games

During the 2022 Winter Olympic Games in Beijing, China unveiled its new digital yuan. China has been a strong advocate against cryptocurrency ownership, previously banning the holding of cryptocurrency as …
February 22, 2022

Russia set to regulate cryptocurrency

Amidst the political tension in Europe, Russia’s government has announced a plan to regulate cryptocurrency. Previously a stark adversary to cryptocurrency adoption, the Russian government did a complete one-eighty and …
February 22, 2022

Australian Government receives green light for a National Digital ID system

The Australian Government receives approval from all states and territories to roll out the National Digital ID system. The National Digital ID system is designed to create one-stop shop for …
February 22, 2022

Russia set to regulate cryptocurrency

Amidst the political tension in Europe, Russia’s government has announced a plan to regulate cryptocurrency. Previously a stark adversary to cryptocurrency adoption, the Russian government

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