2040 Wealth

This is breaking in Australian cryptocurrency news, AUSTRAC has just shut down to Australian cryptocurrency exchanges in a series of Federal Police raids across Melbourne. The names of the cryptocurrency exchanges are unknown at this time however a 27 year-old associated with the exchanges has been arrested. More than 2 million dollars in assets have also been seized by the Australian Federal Police following a court order. The two cryptocurrency exchanges will not be permitted to operate until further notice. Read the full article at: https://micky.com.au/two-australian-bitcoin-exchanges-shut-down-following-arrest-of-key-executive /

An interesting development in government blockchain news, the South Australian government is planning to use blockchain technology to power the next election using Horizon State. Horizon State is a blockchain company based in Melbourne, and their token HST Powers their blockchain voting platform. It's an interesting development considering that the digital transformation agency recently came out again stating that blockchain technology didn't really have a use in government services at this stage due to it's inability to edit or delete records. However for voting it makes perfect sense to use blockchain to verify voters and prevent fraudulent votes and tampering. You can read the full article from Micky at the link below. https://micky.com.au/blockchain-technology-used-by-south-australian-government-to-conduct-election/