BlackRock announces $1 billion investment in domestic battery storage assets
[ad_1] The investment follows BlackRock Real Assets’ acquisition of Australian battery energy storage systems and renewable energy developer, Akaysha Energy. The $1 billion commitment is expected to support the construction of battery storage assets across Akaysha’s nine projects in Australia’s…
Swyftx dismisses the team as “crypto winter” bites
[ad_1] Tech startups continue to drain staff after a period of high growth. The latest casualty is local digital currency exchange Swyftx, with the company announcing this week that it is “deeply saddened” to say goodbye to 74 “friends and…
Government announces ‘world’s first’ token mapping to help regulate crypto
[ad_1] In a statement on Monday, the Albany government announced the world’s first “token mapping” project to begin this year with the aim of “improving” the way Australia’s regulatory system manages crypto-assets. Token Mapping will seek to determine the characteristics…
Crypto crackdown to reduce revenue for companies in the crypto space
[ad_1] Australia is set to become the first country to take a virtual inventory of the cryptocurrency sector, with Treasurer Jim Chalmers recently announcing a “token mapping” project that involves grouping types of crypto-assets based on their technological characteristics and…
1.3 million new workers needed to reach net zero by 2050, report reveals
[ad_1] The Net Zero Australia project found that Australia “must transform” to reach net zero by 2050. This includes large and long-term investments in new renewable generation, electricity transmission, hydrogen supply chains and more. “Now that we have a national…
Westpac takes a step forward towards ‘digital first’ goal.
[ad_1] The rollout of the latest features began on Thursday and, according to Westpac, will allow customers to have more control over their money. Westpac’s app upgrade is part of its expansion strategy to become a “digital first bank”. The…
Ethereum’s ‘historic’ merger sparks a new era for crypto
[ad_1] The Ethereum merger has finally taken place, marking a significant step forward for the crypto world. Dubbed “the merge,” the process resulted in the Ethereum Mainnet merging with the Beacon Chain proof-of-stake system, a process that reduced transaction costs…
Senator Bragg Releases Crypto Bill to Regulate Electronic Yuan
[ad_1] Liberal Senator Bragg plans to introduce a private members’ bill at the next sitting of Parliament, including new rules for digital asset exchanges, digital asset custody services, stablecoin issuers and disclosure requirements for e-Yuan facilitators in Australia . In…
RBA says ‘disappointed’ with ASX over CHESS delay
[ad_1] The Reserve Bank of Australia (RBA) wants to see the “safe and timely” replacement of CHESS remain a “high priority” for the ASX. In its latest assessment of the ASX’s clearing and settlement facilities, the RBA carried out a…
What Australia can learn from the EU on data laws
[ad_1] As Australians come to terms with the seriousness of the Optus data breach, UNSW Law & Justice’s Tony Song, Law Society of NSW Future of Law and Innovation Research Fellow, has called on the Federal Government to review the…