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The Australian Treasury’s token mapping of digital assets will adopt a “tech agnostic” and “principles-based” approach in order to define crypto assets, according to a Treasury official.Speaking to Cointelegraph on June 26 at the Australian Blockchain Week, Trevor Power, an Australian Treasury Assistant Secretary said the framework will be structured
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“Australia’s token mapping exercise is the first of its kind by a national government, going back to first principles to understand crypto and map it to an existing regulatory framework," said Angela Ang, senior policy advisor at blockchain intelligence firm TRM Labs and former regulator at the Monetary Authority of
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sponsored OVER has launched the Map2Earn Beta program: revolutionary 3D mapping is now available to everyone. It is an innovation that solves the geo-location problem in Augmented Reality (AR). Over Map2Earn Is Now Live in Its Beta Version OVER Map2Earn has launched its program for geo-location in Augmented Reality (AR) in
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Australian Treasurer Jim Chalmers has revealed that the government will release a consultation paper in early 2023 as part of its token mapping initiative. The crypto sector has received greater attention from Australian regulatory and enforcement agencies since the FTX implosion, with the government emphasizing the importance of providing greater
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sponsored SevenX Ventures, a crypto investment fund focused on early-stage blockchain projects in Asia, has built over 80 public investment portfolios. The three co-founders, industry veterans, have built portfolios in DeFi, NFT, GameFi, and beyond. Since its launch in 2020, SevenX Ventures has advocated for immersive investing – going beyond financial
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Digital asset data analytics company Inca Digital will study the implications of digital assets for national security under a year-long contract with the Defense Advanced Research Projects Agency (DARPA), the company announced on Friday. DARPA is the R&D branch of the United States Department of Defense. Inca Digital will work on
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“The great Web3 companies of tomorrow need the flexibility to be able to innovate today,” Holger Arians, CEO of Banxa, an Australia-based fiat to crypto exchange, told CryptoX in a text message, reflecting concerns that since the space is evolving quickly, regulation will need to adjust. Source
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A new financial system; a more democratized, even more inclusive, financial sector; the future of the internet — the crypto ecosystem has been described as all of these things. However, as is evidenced by digital assets’ inherent correlation with the Nasdaq 100, most people fail to conceptualize blockchain as anything
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“Google’s maps are high quality but also very, very expensive,” Seidman said. “The entire mapping pipeline is exceptional, but its Achilles heel is the fact that it’s so expensive. Your ability to refresh an area is, for places like Lagos, Nigeria, or Manila or other locations – it becomes cost-prohibitive
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