Bitcoinist
2018-05-09 23:00:11

Australia Criminalizes Cash Over $10K While Funding Blockchain Research

Australia will crack down on cash freedom while dedicating over half a million dollars to blockchain research in its 2018-19 budget. Blockchain for Government Services The budget, which the country’s government unveiled May 8th, apportions $700,000 AUD ($521,000 USD) to the Digital Transformation Agency (DTA) to look at how blockchain technology can improve government services. The budget document reads: The Government will provide $0.7 million in 2018-19 for the Digital Transformation Agency to investigate areasRead MoreThe post Australia Criminalizes Cash Over $10K While Funding Blockchain Research appeared first on Bitcoinist.com.