RATE Group | Nature’s Coin joins cryptocurrency rush as regulator AUSTRAC tightens surveillance – AM
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Nature’s Coin joins cryptocurrency rush as regulator AUSTRAC tightens surveillance – AM

08 Oct Nature’s Coin joins cryptocurrency rush as regulator AUSTRAC tightens surveillance – AM

Posted at 22:21h in Cryptocurrency News by

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An Australian-backed cryptocurrency offering Nature’s Coin has joined the rush to use fast evolving blockchain technology to develop real world applications.

Nature’s Coin executive director Ian Jones says the cryptocurrency is backed by tech entrepreneurs to support environmental and ecological projects backed by United Nations principles.

Australia’s financial intelligence agency is monitoring the rise of cryptocurrencies given potential risks for money laundering and terror financing.

ABC’s Peter Ryan says AUSTRAC now regulates 150 cryptocurrencies.

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