Archive | ASX

Bitcoin Used to Buy Stake in Company on the Australian Securities Exchange

The Australian Securities Exchange (ASX) announced on Wednesday that bitcoin will be used to buy a stake in a company listed on its exchange. Blockchain Global Limited (BGL) has agreed to buy a 40% interest in Digitalx, paying partly in bitcoins. Also read: Bitcoin Double Taxation Ends in Australia July 1st The First Case of Bitcoin Strategic […]

ASX Scrutinized Over Plans To Revamp Infrastructure in Favor of Blockchain

Although the blockchain is enjoying a lot of interest right now, there are still a lot of questions regarding its viability. The Australian Securities Exchange Is experimenting with distributed ledger technology right now, In the long run, they will upgrade the entire system by switching to the blockchain. As was to be expected, not everyone […]

Standards Australia Submits Blockchain Proposal to International Organization for Standardisation

Standards Australia, the country’s standards authority, has submitted a blockchain standards proposal to the Geneva-based International Organization for Standardization (ISO). The Australian body made the request to the ISO to give financial institutions interested in the technology a common framework, which is needed to bring blockchains into the financial system on a global scale. CEO […]