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.
World’s Largest Pension Fund Lost the Equivalent of Bitcoin’s Entire Market Cap in Just Three Months
Blockchain Australia has appointed a new CEO in an effort to improve blockchain awareness and application across Australia.
Blockchain Australia Seeks to Build Industry Confidence With New CEO
As Russia draws up new strict cryptocurrency legislation, P2P Bitcoin exchanges and crypto trades in the country rise significantly.
Russia: Bitcoin Activity Rising Despite Strict Law Proposals
After stakeholders raised concerns about the Australian Securities Exchange’s blockchain infrastructure plan, it has been postponed until 2022.
Australian Securities Exchange Switch to Blockchain Delayed to 2022
A report from the Australian Cyber Security Centre highlights a vulnerability related to attacks using cryptojacking malware.
Massive Cyberattack on Australia Uses Cryptojacking Exploits
Australians can deposit money for a local Bitcoin exchange at the post office.
Australians Can Now Pay for Bitcoin at the Post Office
Australia’s Securities and Investment Commission says that between March and May, investment scams of all types rose by 20% as compared to the same period in 20...
Australian Watchdog Warns of Spike in Crypto Scams During Coronavirus Pandemic
A study by Scamwatch suggests cryptocurrency scams are a real threat in Australia.
Australians Lost More Than $14M to Crypto Scams in 2019