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Crypto could reverse Australia’s housing crisis | Opinion
Opinion
Read more - Crypto could reverse Australia’s housing crisis | Opinion

Crypto could reverse Australia’s housing crisis | Opinion

Leveraging the transparency and immutability that blockchain inherently offers, it is an opportunity to cut through restrictive licensing and bureaucracy
WonderFi mulls bringing derivatives trading to Canadian crypto exchanges Bitbuy, Coinsquare
News
Read more - WonderFi mulls bringing derivatives trading to Canadian crypto exchanges Bitbuy, Coinsquare

WonderFi mulls bringing derivatives trading to Canadian crypto exchanges Bitbuy, Coinsquare

WonderFi is considering partnerships that would bring derivatives trading to its platforms, Bitbuy and Coinsquare, in Canada and Australia. Vancouver-based WonderFi Technologies Inc. is exploring a new partnership to bring derivatives trading to its crypto platforms, Bitbuy and Coinsquare, in…
Australia won’t follow Trump’s push for strategic crypto reserve: report
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Read more - Australia won’t follow Trump’s push for strategic crypto reserve: report

Australia won’t follow Trump’s push for strategic crypto reserve: report

Australia’s government has ruled out creating a crypto reserve, focusing instead on regulation. Australia will not follow the United States in creating a strategic crypto reserve, despite President Donald Trump‘s efforts to make the U.S. the “Crypto Capital of the…
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Aussie research university says China’s CBDC push puts Australia at crossroads
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Read more - Aussie research university says China’s CBDC push puts Australia at crossroads

Aussie research university says China’s CBDC push puts Australia at crossroads

Chin’s CBDC expansion seems to be reshaping global trade networks, leaving Australia at a crossroads between Beijing and Washington. U.S. President Donald Trump’s decision to ban a U.S. digital dollar could shake up global finance, as the West is already…
Australia’s AUSTRAC targets 50 crypto providers in anti-money laundering push
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Read more - Australia’s AUSTRAC targets 50 crypto providers in anti-money laundering push

Australia’s AUSTRAC targets 50 crypto providers in anti-money laundering push

The Australian Transaction Reports and Analysis Centre has warned cryptocurrency exchanges and remittance providers to follow anti-money laundering laws or face the consequences. In a press release statement published on its official website, the agency revealed that it is now…
Alchemy Pay to offer crypto payments in Australia with AUSTRAC registration
News
Read more - Alchemy Pay to offer crypto payments in Australia with AUSTRAC registration

Alchemy Pay to offer crypto payments in Australia with AUSTRAC registration

Alchemy Pay announced its successful registration as a Digital Currency Exchange Provider with the Australian Transaction Reports and Analysis Centre as of Jan. 27. This regulatory approval enables Alchemy Pay (ACH) to provide secure and seamless fiat-to-crypto payment services within…
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Niagara Regional Police to issue fraud warnings on crypto ATMs
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Read more - Niagara Regional Police to issue fraud warnings on crypto ATMs

Niagara Regional Police to issue fraud warnings on crypto ATMs

Niagara Regional Police is collaborating with leading cryptocurrency ATM operators in Ontario to launch a public awareness campaign aimed at combating fraud. On Jan. 21, the Niagara Regional Police Service, based in Ontario, Canada, announced it is partnering with cryptocurrency…
Australian couple sold their land in a BTC-only sale and made headlines. Is this case unique?
Follow-up
Read more - Australian couple sold their land in a BTC-only sale and made headlines. Is this case unique?

Australian couple sold their land in a BTC-only sale and made headlines. Is this case unique?

Two couples of vendors in Ballarat exhibited their 582m² land block for sale, accepting only Bitcoin payments. Why do people sell real estate for crypto, and how does the latter disrupt the real estate market? The land in question The…
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ASIC sues Binance over allegedly failing to provide consumer protection for retail clients
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Read more - ASIC sues Binance over allegedly failing to provide consumer protection for retail clients

ASIC sues Binance over allegedly failing to provide consumer protection for retail clients

Binance’s Australian arm comes under fire from Australian regulators that accuse the crypto exchange of falsely categorizing local clients as wholesale clients, exposing them to risky crypto assets. According to a press release published on Dec. 18, the Australian Securities…
Australian wealth manager AMP invests $27m in Bitcoin as first major superannuation fund to embrace crypto
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Read more - Australian wealth manager AMP invests $27m in Bitcoin as first major superannuation fund to embrace crypto

Australian wealth manager AMP invests $27m in Bitcoin as first major superannuation fund to embrace crypto

AMP has made a $27 million investment in Bitcoin, becoming the first major superannuation fund in Australia to enter the crypto market. AMP Wealth Management, one of Australia‘s largest wealth managers with billions in assets under management, has invested $27…
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Bitcoin ATM operator Byte Federal hit by data breach, 58,000 exposed
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Read more - Bitcoin ATM operator Byte Federal hit by data breach, 58,000 exposed

Bitcoin ATM operator Byte Federal hit by data breach, 58,000 exposed

Hackers have compromised the personal data of over 58,000 customers of United States-based Bitcoin ATM operator Byte Federal. According to a filing with the Maine Attorney General’s office, Byte Federal was breached on September 30 by an unknown attacker who…
Australia fines Kraken’s operator $5m for unlawful credit facility
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Read more - Australia fines Kraken’s operator $5m for unlawful credit facility

Australia fines Kraken’s operator $5m for unlawful credit facility

Kraken’s Australian entity, Bit Trade, is facing a multi-million fine for failing to comply with rules requiring a target market determination for its margin extension product. The Australian operator of the Kraken crypto exchange, Bit Trade, has been fined AUD…
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KPMG: Australia’s blockchain industry shrinks by 14% amid shift to AI
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Read more - KPMG: Australia’s blockchain industry shrinks by 14% amid shift to AI

KPMG: Australia’s blockchain industry shrinks by 14% amid shift to AI

Australia’s blockchain industry dropped 14% this year, but changes in ETF regulations and lower interest rates could still help spark a recovery, analysts say. The Australian fintech landscape has seen a drastic decline as the number of active blockchain firms…
Australia targets non-compliant crypto ATM operators with new task force
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Read more - Australia targets non-compliant crypto ATM operators with new task force

Australia targets non-compliant crypto ATM operators with new task force

Australia has established a task force to crack down on cryptocurrency ATM providers that do not comply with the nation’s anti-money laundering laws. The Australian Transaction Reports and Analysis Centre has issued a warning for crypto ATM operators via a…
Australia’s ASIC seeks stricter oversight of stablecoins, wrapped tokens
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Read more - Australia’s ASIC seeks stricter oversight of stablecoins, wrapped tokens

Australia’s ASIC seeks stricter oversight of stablecoins, wrapped tokens

Australia’s securities regulator has unveiled proposals for stricter oversight of the crypto market, aiming to enhance “consumer protection.” Australia is moving to tighten oversight of cryptocurrencies, pointing out “practical licensing issues” of stablecoins and wrapped tokens. In a Dec. 4…
Australia seeking advice on crypto taxation to OECD
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Read more - Australia seeking advice on crypto taxation to OECD

Australia seeking advice on crypto taxation to OECD

Australia, with the world’s most significant number of crypto ATMs, seeks advice from an international organization on implementing crypto taxation. The Organization of Economic Cooperations and Development (OECD), which has invented taxation on digital assets framework, was asked by the…
Crypto.com acquires Australian broker Fintek Securities to expand financial services
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Read more - Crypto.com acquires Australian broker Fintek Securities to expand financial services

Crypto.com acquires Australian broker Fintek Securities to expand financial services

Cryptocurrency exchange Crypto.com strengthens its presence in Australia with the acquisition of licensed brokerage Fintek Securities, expanding its range of financial products. Crypto.com has acquired Australia-based Fintek Securities, a licensed brokerage regulated by the Australian Securities and Investments Commission, as...
Australia’s central bank seeks feedback on wholesale CBDC, tokenized markets
News
Read more - Australia’s central bank seeks feedback on wholesale CBDC, tokenized markets

Australia’s central bank seeks feedback on wholesale CBDC, tokenized markets

The Reserve Bank of Australia has launched a consultation on Project Acacia, exploring wholesale central bank digital currency and tokenized asset markets. Australia‘s central bank, the Reserve Bank of Australia, alongside the Digital Finance Cooperative Research Centr is seeking public...
Kraken unveils broker offering in Australia for institutions
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Read more - Kraken unveils broker offering in Australia for institutions

Kraken unveils broker offering in Australia for institutions

Crypto exchange Kraken says its wholesale clients can now purchase crypto derivatives via its Australian financial services licensed broker. U.S.-based cryptocurrency exchange Kraken is expanding crypto-based offerings among Australian customers, extending its offerings to eligible wholesale clients seeking exposure to...
Crypto hedge fund managers JellyC and Trovio merge to attract pension fund investment
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Read more - Crypto hedge fund managers JellyC and Trovio merge to attract pension fund investment

Crypto hedge fund managers JellyC and Trovio merge to attract pension fund investment

Australian crypto hedge fund manager JellyC has merged with Singaporean Trovio Asset Management in an effort to attract bigger allocations from investors, such as pension fund investment. According to a Bloomberg report on Oct. 23, Australian hedge fund manager JellyC...
ASIC charges former crypto exchange CEO with $1.47m Bitcoin fraud
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Read more - ASIC charges former crypto exchange CEO with $1.47m Bitcoin fraud

ASIC charges former crypto exchange CEO with $1.47m Bitcoin fraud

Australia’s securities watchdog has charged the former CEO of defunct crypto exchange Mine Digital for defrauding an investor of $1.47 million. The Australian Securities and Investments Commission has charged Grant Colthup with one count of fraud after a customer of...
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Monochrome to launch Australia’s first spot Ether ETF
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Read more - Monochrome to launch Australia’s first spot Ether ETF

Monochrome to launch Australia’s first spot Ether ETF

Monochrome Asset Management is set to launch Australia’s first spot Ethereum exchange-traded fund on Tuesday. The Ethereum (ETH) ETF will debut on the Cboe Australia, bringing the Monochrome Ethereum ETF with the ticker IETH to the market on Tuesday, Oct....
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Australian feds cracked ‘seed phrase’ to access crypto account linked to global organized crime
News
Read more - Australian feds cracked ‘seed phrase’ to access crypto account linked to global organized crime

Australian feds cracked ‘seed phrase’ to access crypto account linked to global organized crime

The Australian Federal Police’s Criminal Assets Confiscation Taskforce cracked a “seed phrase” linked to an account belonging to alleged creator of encrypted messaging app “Ghost,” which authorities claim is used for organized crime. According to the AFP press release, the...
Australia sees greater benefits in wholesale CBDC, limits retail interest
News
Read more - Australia sees greater benefits in wholesale CBDC, limits retail interest

Australia sees greater benefits in wholesale CBDC, limits retail interest

Australia’s central bank has announced a shift toward wholesale CBDC development, citing greater economic benefits and fewer challenges compared to a retail version. The Reserve Bank of Australia seems to be prioritizing wholesale CBDC development over retail, citing greater economic...
Research reveals 98% of global economy exploring CBDC solutions
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Read more - Research reveals 98% of global economy exploring CBDC solutions

Research reveals 98% of global economy exploring CBDC solutions

A new report reveals that 134 countries, covering 98% of the global economy, are exploring digital currencies, with 44 currently piloting CBDCs. Central bank digital currencies are gaining widespread attention, with nearly 99% of the global economy now focused on...
Crypto payments platform MoonPay secures Australian registration
News
Read more - Crypto payments platform MoonPay secures Australian registration

Crypto payments platform MoonPay secures Australian registration

MoonPay has registered with Australia’s regulator to provide crypto exchange services, enabling local payment methods like Osko and PayID for Australian users. Crypto payments firm MoonPay has officially registered with Australia‘s financial intelligence agency — also known as AUSTRAC —...
Indonesia enters top 3 countries by crypto adoption, replacing Vietnam: Chainalysis
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Read more - Indonesia enters top 3 countries by crypto adoption, replacing Vietnam: Chainalysis

Indonesia enters top 3 countries by crypto adoption, replacing Vietnam: Chainalysis

Indonesia has entered Chainalysis’ global crypto adoption index for the first time, climbing into the top 3 as global crypto activity surged past 2021 bull market levels. Indonesia has made its debut in Chainalysis‘ global crypto adoption index, climbing to...
Kraken criticizes Australia’s ‘uncertain’ crypto rules after court ruling
News
Read more - Kraken criticizes Australia’s ‘uncertain’ crypto rules after court ruling

Kraken criticizes Australia’s ‘uncertain’ crypto rules after court ruling

Kraken is calling for clearer crypto regulations in Australia after a Federal Court ruled that part of its margin extension product violated local laws. Cryptocurrency exchange Kraken is advocating for clearer crypto regulations in Australia after a Federal Court ruled...
Australians lose $122m to crypto scams, with under-50s most affected
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Read more - Australians lose $122m to crypto scams, with under-50s most affected

Australians lose $122m to crypto scams, with under-50s most affected

Australians lost over $120 million to crypto investment fraud in just 12 months, with those under 50 increasingly becoming the primary targets. Crypto investment scams are surging across Australia, with younger individuals increasingly falling victim as fraudsters employ more sophisticated...
Australia’s regulator wins case against Kraken’s local operator
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Read more - Australia’s regulator wins case against Kraken’s local operator

Australia’s regulator wins case against Kraken’s local operator

Australia’s Federal Court ruled against Kraken’s local operator for failing to comply with legal obligations when offering a margin trading product. Australia’s court has ruled that Bit Trade, the operator of the Kraken crypto exchange in Australia, violated regulatory requirements...
Australia’s ASIC takes down over 600 crypto scam websites in yearlong operation
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Read more - Australia’s ASIC takes down over 600 crypto scam websites in yearlong operation

Australia’s ASIC takes down over 600 crypto scam websites in yearlong operation

Australia’s securities regulator says over 8% of the scam websites it took down in 2023 were focused on crypto investments only. The Australian Securities & Investments Commission has published a report, marking the first anniversary of its investment scam disruption...
Australian regulator takes Meta to court over ‘deceptive’ crypto ads on Facebook
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Read more - Australian regulator takes Meta to court over ‘deceptive’ crypto ads on Facebook

Australian regulator takes Meta to court over ‘deceptive’ crypto ads on Facebook

Australia’s competition regulator has highlighted that the majority of crypto ads on Meta’s Facebook are likely scams. According to the Australian Competition and Consumer Commission’s filing with the Federal Court of Australia, Meta has been aware since 2018 that a...