With a new advisory, Australia’s ASIC warns users about cryptocurrency scams.
The Australian Securities and Investments Commission (ASIC) has released a list of the top ten ways to spot a cryptocurrency scam. The warning comes amid...
CBDCs are popular in Australia, but where does Ethereum fit in?
Australia is now testing CBDC, much to no one's surprise. For a long time, central bank digital currencies have been a source of contention. While...
Australian senator draughts bill for crypto regulation-Details inside
Australian senator Andrew Bragg has drafted a bill aimed at better regulation of cryptocurrency and other virtual assets in the country. Titled the Digital Assets...
How the Australian police are using cryptocurrency to combat criminals
According to The Australian Financial Review, the Australian Federal Police (AFP) has formed a new cryptocurrency unit to focus on crypto-related transactions. The action is...
Australia set to take its first steps towards crypto-regulations
Australia is starting to examine its domestic cryptocurrency holdings to better understand and regulate the sector. To identify which digital asset tokens are being used...
Swyftx, an Australian exchange, has reduced its workforce by 21% amid a bear market.
Swyftx, an Australian cryptocurrency exchange, cited inflation, a recession, and the bear market as the causes of the unfortunate layoffs. Swyftx, an Australian cryptocurrency exchange,...
Australian Central Bank bats for private solution to cryptos if…
According to Phillip Lowe, Governor of the Australian Central Bank, a private solution for cryptocurrencies “is going to be superior.” That is, as long as...
Binance Australia CEO: Regulations will establish higher standards in crypto
Leigh Travers feels that a change in Australia’s government could slow down work on crypto regulations that could prove that the industry is already operating...
Two additional spot crypto ETFs are now available in Australian markets.
3iQ Digital Asset Management's new Australian exchange-traded funds will be fed by its current Bitcoin and Ethereum ETFs listed on the Toronto Stock Exchange. On...
The Australian Mayor dismisses cryptocurrency volatility and endorses it for rate payments.
"The volatility is not that bad," says Australia's Gold Coast Mayor, who proposes that in the future, crypto may be used to pay municipal taxes....
Aussie banks ANZ and NAB won’t ‘endorse’ retail speculation on crypto
Executives from two of Australia’s “big four” banks have said they won’t allow their retail customers to trade crypto with ANZ, adding they’re happy they...
Due to ‘lagging rules,’ an Australian consumer organisation has called for better crypto regulations.
In a statement to the Australian Treasury, consumer organisation CHOICE described its crypto regulatory framework, urging the country's new federal government to prioritise crypto in...
On a challenging launch day, Australian crypto ETFs have seen $1.3 million in trading so far.
The trio's introduction represents the first crypto ETFs to go live in Australia, with two of them focusing on BTC exposure and the other on...
Three new cryptocurrency exchange-traded funds (ETFs) will begin trading in Australia this week.
Australians will soon have five cryptocurrency exchange-traded funds to choose from, with Cosmos and 21Shares launching delayed products this week and 3iQs to follow. After...
CoinJar, based in Australia, is the most recent company to employ SHIB for promotional reasons.
Australia’s CoinJar, one of the country’s longest-running cryptocurrency exchanges, has announced the launch of a Shiba Inu-themed promotional campaign. This will be part of its...
The Australian Prudential Regulation Authority has published a roadmap for cryptocurrency policy.
By 2025, the Australian Prudential Regulation Authority expects to introduce standards for bank exposure, operational risk, and stablecoins. The Australian Prudential Regulation Authority, or APRA,...
Animoca Brands acquires a significant share in an Australian digital services agency.
Following the purchase, Be Media has initiated an aggressive hiring campaign for blockchain development and project management. Animoca Brands, a nonfungible token (NFT) investment firm,...
As an election approaches, the Australian opposition is under fire: ‘7 words is not a crypto policy.’
As a national election approaches, attention is moving on crypto policy, which critics claim the Opposition party lacks. Just days before a national election, Australia's...
The Australian convenience store chain will accept cryptocurrency at 170 of its locations.
On The Run (OTR) will collaborate with Crypto.com to execute its Pay Merchant offering, with a Sydney payment systems provider deploying new terminals to allow...
Bengal Energy plans to generate Bitcoin utilising stranded gas wells in Australia’s outback.
Bengal Energy, a Canadian oil and gas miner, is about to begin a trial effort to access previously "stranded" gas wells using portable Bitcoin mining...
The Australian dollar is being rocked by A$DC, as ANZ bank mints the first AUD stablecoin.
"The majority of the industry employs non-bank and frequently unregulated USD stablecoins." With this Big 4 ban, The use case for a ZeroCap-issued AUD stablecoin...
A landmark Digital Services Act has been proposed by an Australian Senator.
In order to protect consumers from bad actors in the space, the new legislative package will address issues in crypto custody, taxation, and DAO operations....
Meta is being sued in Australia by the Australian Competition and Consumer Commission for false cryptocurrency advertisements.
The ACCC specifically targeted unauthorised or supported "scam" advertisements featuring notable Australian people such as entrepreneur Dick Smith, TV broadcaster David Koch, and former NSW...
A 23-year-old Australian purchases a $314,500 property through planned cryptocurrency investments.
Loi Nguyen began his investing career in 2017 with a few hundred dollars worth of BTC, ETH, and traditional stocks. His crypto investments outweighed his...
Swyftx signs a multi-year sponsorship agreement with the Australian National Rugby League.
Swyftx CEO Ryan Parsons commented on the partnership with the NRL, saying that the "mass appeal of sport means it's a hugely important way for...
SelfWealth, an Australian trading website, will now provide crypto trading to its 325K users.
Caroline Bowler, CEO of BTC Markets, stated that the relationship with SelfWealth underlined the legitimacy of wide-scale crypto acceptance. After establishing a cooperation with local...
The Australian Competition and Consumer Commission is looking into Meta’s crypto scam ads.
The announcement comes just one day after billionaire Andrew "Twiggy" Forrest announced his intention to sue Facebook. The Australian Competition and Consumer Commission (ACCC) is...
With the AG’s approval, an Australian billionaire sues Facebook over cryptocurrency scams.
According to the Australian businessman, Facebook's failure to remove the fraudulent ads featuring him and dozens of other high-profile celebrities was "criminally reckless." Andrew "Twiggy"...