Blockchain technology was recommended to curb the import of forced-labor goods in a report from the Australian Senate Foreign Affairs, Defence, and Trade Committee.
The committee’s report examined the country’s recent Customs Amendment Bill.
Tyler Toomey, a Florida resident, is taking on Ripple after suffering from damages.
He alleged, in a class-action lawsuit, that Ripple had illegally sold XRP in the US state.
It comes a month after the US SEC filed its own lawsuit against the payments processor.
As the Bitcoin rally slows down, investor attention is turning again to the US stock market, buoyed by a series of political and economic developments.
After a bullish recovery from a fall of more than $1,200 in late July, Bitcoin plateaued in August.