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.

Top News

More than 186 US banks well-positioned for collapse, SVB analysis reveals

Former Coinbase CTO makes $2M bet on Bitcoin’s performance

Why is the crypto market up today?

Here’s how ChatGPT-4 spends $100 in crypto trading

Binance’s response to U.S. Senators lacks financial information: Report

The CEO of Independent Reserve says Hong Kong’s “friendly” licensing regime makes it a worthy destination to set up shop, but there are other factors to conside...

Aussie crypto exchange hints interest in Hong Kong base

Brayden Lindrea

2023-03-23T06:22:40+00:00

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Australia’s prudential regulator has purportedly told banks to improve reporting on crypto assets and provide daily updates.

SVB contagion: Australia purportedly asks banks to report on crypto

2023-03-21T10:48:30+00:00

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The judge said that imprisonment wasn’t necessary because Jatinder Singh couldn’t flee Australia without his Indian passport.

Crypto.com customer accused of $7M spending spree granted bail

Brayden Lindrea

2023-03-21T05:39:45+00:00

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Mastercard has entered a collaboration that would allow retail customers in the APAC region to spend their stablecoins anywhere Mastercard is accepted.

Mastercard to settle transactions for stablecoin wallet in APAC

2023-03-20T23:00:00+00:00

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An analysis of the rising inflation and concurrent collapse of Silicon Valley Bank proved that more than 186 banks in the U.S. are at risk of a similar shutdown...

Australian Banking Association’s cost of living inquiry reveals bank pressure

2023-03-20T07:47:16+00:00

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Coinbase’s vice president of international policy told Cointelegraph the meetings took place in Canberra and Sydney and touched on the government’s token mappin...

Coinbase met with Australian banking regulators over local crypto regulations

2023-03-16T06:05:41+00:00

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Internal documents from the Australian Treasury Department have revealed crypto legislation in the country could be a year away at the very least.

Internal documents reveal Australia’s potential timeline for crypto legislation: Report

2023-03-06T03:29:18+00:00

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The use cases for the CBDC ranged from offline payments to “trusted Web3 commerce” and financial industry participants were invited to undertake a live pilot.

Australian central bank to launch ‘live pilot’ of CBDC in coming months

2023-03-01T22:35:01+00:00

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