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Arguably set to become the world’s biggest Bitcoin Cash conference yet, Bitcoin Cash City kicked off today in sunny Townsville, North Queensland. The city is not only colorful, friendly, and home to some very beautiful coastline, it’s also shock-full of opportunities to use Bitcoin Cash for everyday living. As such, it’s well-suited to promoting a … Read more
A study examining the widely suspected correlation between Tether issuance and BTC price movement, undertaken by Wang Chun Wei and published by the University of Queensland, has found that USDT grants do not have a “statistically significant” effect on price fluctuations. Despite refuting the correlation between price fluctuations and Tether grants, the study notes a … Read more
Queensland, Australia is giving away millions with its Ignite Ideas fund. This week, it posted details regarding the AUD$8.3 million grant ($6.1 million USD). Something like 70 regional companies shared the bounty, including a cryptocurrency startup, Travelbybit, which managed to snag AUD$100,000 on its way to promoting tourism using crypto. Also read: Bitcoiners Hope to … Read more
One of Australia’s oldest financial institutions, Bank of Queensland, has prohibited the use of home equity loans for virtual currency speculation. The move has been attributed to concerns pertaining to the growing regulatory oversight of the cryptocurrency sector in Australia. Also Read: Tether Announces Appointment of New Chief Compliance Officer Bank of Queensland Cracks Down on … Read more
Finding more use cases for Bitcoin and other cryptocurrencies is anything but straightforward. Thankfully, some entrepreneurs are looking to make good things happen in this regard. Various businesses in Agnes Water and the Town of 1770 in Queensland, Australia now accept various cryptocurrencies as a payment method. As such, the region has become the first … Read more
Agnes Water, a beach town situated five hours north of Brisbane International Airport, has proclaimed itself to be the first “digital currency-friendly” tourist town in Australia. Over 30 businesses now accept cryptocurrency as a form of payment in Agnes Water – despite being home to just over two thousand residents. Also Read: Markets Update: Digital Currency … Read more
Two sitting ministers from the legislature of the Australian state of Queensland have revealed that they privately own bitcoin. The declarations have been made for the state’s register of members’ interests – which lists information including the properties, trusts, and union memberships of Queensland’s politicians. Also Read: Tennessee Passes Bill Recognizing Smart Contracts and Blockchain Transactions … Read more
