News
Scammers in Australia impersonated police using the government’s ReportCyber system to legitimize their calls and trick victims into handing over crypto.
1887
Australia News
The Commonwealth of Australia is the sixth largest country in the world and is the only one that occupies a whole continent. It also includes several islands. The state has a strong economy and its GDP per capita is bigger than that of Great Britain, Germany, etc. The growing popularity of Bitcoin hasn’t gone unnoticed in the country. In Australia, cryptocurrency is almost a legal form of payment, as the government is making efforts to give Bitcoin the status of either a national or foreign currency. In July 2017, the government cancelled a double tax for transactions with Bitcoin in Australia to provide a better cryptocurrency environment. In Australia, cryptocurrency exchange is possible with plenty of ATMs and online platforms.
- News
The biggest Bitcoin ATM operator in North America is expanding to Hong Kong, citing growing global demand for cash-to-crypto access.
2396 - News
Propanc Biopharma said it will build a crypto treasury after securing up to $100 million from Hexstone Capital to further its potential cancer treatment and reignite investor interest.
2734 - News
The head of Australia’s market regulator, Joe Longo, is looking to embrace tokenization in Australia’s capital markets, fearing the country will fall behind if it doesn’t act.
4086 - News
The Australian Federal Police cracked a coded crypto wallet backup holding $5.9 million after a data scientist deciphered a complex numerical sequence on a phone.
8487 - News
The local industry has welcomed the Australian Securities and Investments Commission’s expanded crypto guidance, but resourcing concerns remain.
3843 - News
Australia’s crypto exchanges have been largely positive about the government’s proposed crypto laws, but have told the Treasury that further clarity is needed.
5546 - News
The Australian crypto user base is expected to grow to 11.16 million by next year, with nearly 41% of Australians participating in crypto.
4746 - News
Young Australians feel they could have made a bigger dent in their property goals if they had invested in cryptocurrency 10 years ago, and now they’re locked out.
6197 - News
Top exchanges in Hong Kong, India and Australia are rejecting companies seeking to become crypto hoarders, citing shell company concerns.
4694 - News
Minister Tony Burke said the government won’t be pushing for an outright ban on crypto ATMs, but he wants to provide AUSTRAC with the power to implement one.
5860 - News
EU lawmakers have sought to introduce Chat Control, while the UK and Australia are on track for digital ID systems. Pavel Durov warns that these “dystopian” measures must be stopped.
8592 - News
Crypto exchange Gemini is expanding its offering in Australia with a local entity and team, and plans to sit back and watch the country’s consultation on crypto laws.
3478 - News
Australia has released draft legislation to create new crypto products, bringing the crypto companies under the same rules as financial services businesses.
6863 - Explained
Global exchanges Coinbase and OKX are betting big on Australia’s pension pie, pushing crypto into self-managed super funds.