![HSBC Australia blocks payments to crypto exchanges amid rising scam concerns](https://crypto.news/app/uploads/2024/07/crypto-news-BitMEX-pleaded-guilty-to-violating-the-Bank-Secrecy-Act-option04-880x523.webp)
Australia News
Latest Australia News
![HSBC Australia blocks payments to crypto exchanges amid rising scam concerns](https://crypto.news/app/uploads/2024/07/crypto-news-BitMEX-pleaded-guilty-to-violating-the-Bank-Secrecy-Act-option04-880x523.webp)
News
HSBC Australia has announced it will block customer payments to cryptocurrency exchanges starting July 24 due to concerns over customer protection. According to communications shared on X, the bank has cited a rise in crypto-related investment scams, reporting that Australians…
![Australia’s AUSTRAC warns of crypto’s growing role in illicit activities](https://crypto.news/app/uploads/2023/10/crypto-news-Mastercard-explores-CBDC-use-in-Australia04-880x525.png)
News
Australia’s financial watchdog has expressed concerns over the surge in digital currency usage in facilitating illicit transactions. Per the 2024 Money Laundering National Risk Assessment from the Australian Transaction Reports and Analysis Centre (AUSTRAC), a financial intelligence agency, the nation…
![Australian court convicts BitConnect promoter of unlicensed financial advice](https://crypto.news/app/uploads/2023/07/crypto-news-hacker-writing-a-code-on-his-laptop-blurry-background-dark-colores-low-poly-styl-v5.1-880x525.jpg)
News
Australian court convicts John Bigatton, BitConnect promoter, of providing unlicensed financial advice between 2017 and 2018. Aussie John Louis Anthony Bigatton, the national promoter of the BitConnect Ponzi scheme, has been convicted by the Sydney District Court of providing unlicensed…
![Australia’s 7news gets hacked on YouTube to promote crypto scam involving Elon Musk](https://crypto.news/app/uploads/2024/01/crypto-news-Elon-Musk-option03-880x525.webp)
News
Crypto-criminals hijacked the YouTube channel for Australia’s 7News to promote a digital currency scam featuring Tesla CEO Elon Musk. On Jun. 27, popular Australian broadcaster The Seven Network saw its YouTube channel live stream looped videos of an AI-generated version…
![Standard Chartered-backed Zodia Custody gains funding from Australia’s largest bank](https://crypto.news/app/uploads/2024/05/crypto-news-Where-billionaires-invest-option01-880x525.webp)
News
Crypto custodian Zodia Custody has secured funding from Australia’s largest bank, bolstering its position in the institutional digital asset custody sector. Zodia Custody, an institutional-grade crypto custodian backed by Standard Chartered, has secured funding from NAB Ventures, the venture capital…
![Australia’s largest bank shuts down stablecoin project: report](https://crypto.news/app/uploads/2024/03/crypto-news-Central-Bank-Digital-Currency-option05-880x525.webp)
News
The National Australia Bank has reportedly stopped developing its own stablecoin called AUDN just a year after it first disclosed such plans. The National Australia Bank (NAB), one of the four largest financial institutions in Australia, has quietly stopped working…
![VanEck bags Australia’s first spot Bitcoin ETF](https://crypto.news/app/uploads/2024/04/crypto-news-Australia-BTC-ETF-option01-880x525.webp)
News
Asset manager VanEck is slated to launch Australia’s first-ever spot Bitcoin ETF.
![ASIC warns of Bitcoin ETF risks as ASX listing sees cautious optimism](https://crypto.news/app/uploads/2024/05/crypto-news-From-Tulip-Mania-to-crypto-ETFs-option02-880x525.webp)
News
Australia’s securities regulator has issued a cautionary statement to investors ahead of the launch of Bitcoin ETFs on the Australian Stock Exchange (ASX). A spokesperson from the Australian Securities and Investments Commission (ASIC) has warned of the risks involved with…
![Australia’s first spot Bitcoin ETF to go live on Tuesday](https://crypto.news/app/uploads/2024/03/crypto-news-Kangaroo-Australia-option01-880x525.webp)
News
The Monochrome Bitcoin ETF will begin trading on the Cboe Australia exchange. The ETF, listed as IBTC, will have a management fee of 0.98%. Monochrome Asset Management, the issuer, provides the fund to allow investors to access Bitcoin within a…
![Coinbase develops new service to target Australia’s $664b pension market](https://crypto.news/app/uploads/2023/10/crypto-news-coinbase06-880x525.webp)
News
U.S. crypto exchange Coinbase is working on a new product offering digital assets for Australia’s growing self-managed pensions sector. Cryptocurrency exchange Coinbase is developing a yet-to-be-announced service that would offer crypto investment products for portfolios that make up about a…
![Australia targets crypto exchanges to hand over tax data on 1.2m users](https://crypto.news/app/uploads/2024/03/Kangaroo-Australia-option02-880x525.webp)
News
Australia’s tax office is targeting up to 1.2 million users, seeking their personal data and transaction details from crypto exchange. Australia appears to be targeting over a million crypto investors, seeking their personal data and transaction details from crypto exchanges,…
![Australia court sets precedent for crypto in non-cash payments](https://crypto.news/app/uploads/2024/03/Kangaroo-Australia-option02-880x525.webp)
News
Australia’s securities regulator has marked its first court victory, setting a precedent regarding a non-cash payment facility involving crypto. The Australian Securities & Investments Commission (ASIC) has set a legal precedent in the local crypto market after the Federal Court…
![Australia to launch spot Bitcoin ETFs by end of 2024: Bloomberg](https://crypto.news/app/uploads/2024/04/crypto-news-Australia-BTC-ETF-option01-880x525.webp)
News
Australia gears up for a crypto boom as the country’s largest securities exchange is poised to list its first spot-Bitcoin ETFs by the end of 2024. Australian Securities Exchange (ASX) is anticipated to greenlight the first spot Bitcoin exchange-traded funds…
![Indonesia and Australia sign agreement on crypto taxation](https://crypto.news/app/uploads/2024/03/crypto-news-Kangaroo-Australia-option01-880x525.webp)
News
Indonesia and Australia’s tax officials signed an agreement in Jakarta on April 22 to establish a crypto information-sharing framework. This agreement, unveiled on April 23, aims to improve the identification of assets that may be taxed in either country. It…
![ASIC targets crypto firms after $160m investor loss](https://crypto.news/app/uploads/2024/03/crypto-news-Kangaroo-Australia-option01-880x525.webp)
News
Hundreds of Australian investors have lost over 160 million Australian dollars ($104 million) following the liquidation of three cryptocurrency mining companies: NGS Crypto Pty Ltd, NGS Digital Pty Ltd, and NGS Group Ltd, collectively known as “NGS companies.” On April…
![ASIC challenges Australian federal court over Finder Wallet](https://crypto.news/app/uploads/2024/03/crypto-news-Kangaroo-Australia-option01-880x525.webp)
News
The Australian Securities and Investments Commission (ASIC) has appealed to the federal court regarding its decision to dismiss the regulator’s civil penalty lawsuit against Finder Wallet Pty Ltd. “ASIC has appealed the Federal Court’s decision to dismiss ASIC’s proceedings against…