Home Affairs and Austrac think blockchain can reduce compliance costs


The Department of Home Affairs, alongside the Australian Transaction Reports and Analysis Centre (Austrac), has highlighted blockchain as a means to help reporting entities comply with their compliance and regulation requirements. The comments were made in a joint submission [PDF] to the Select Committee on Financial Technology and Regulatory …The Department of Home Affairs, alongside the Australian Transaction Reports and Analysis Centre (Austrac), has highlighted blockchain as a means to help reporting entities comply with their compliance and regulation requirements. The comments were made in a joint submission [PDF] to the Select Committee on Financial Technology and Regulatory …Read More

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