Australia News
ATO Targets 1.2 Million Crypto Accounts in Major Crackdown on Tax Obligation Awareness
Beware, Australian crypto investors—the ATO has you in their sights! According to a report from the Australian Financial Review, the...
Australian Federal Court Finds BPS Financial Guilty of Unlicensed Conduct With ‘Qoin Wallet’
The global crackdown on cryptocurrency enforcement has made its way to Australia, with the nation’s lead financial regulator winning its f...
Bloomberg: Multiple Australian Spot Bitcoin ETFs Anticipated to Launch on ASX This Year
Amid the flurry of excitement surrounding US Spot Bitcoin exchange-traded funds (ETFs) and the imminent launch of Hong Kong Spot BTC and Eth...
ATO Strengthens Collaboration with Indonesia with New Crypto Tax Information Sharing Agreement
Going forward, Australia and Indonesia will be able to better coordinate and collaborate around crypto tax compliance via improved data and ...
Coinbase APAC Chief Calls for Clearer Regulations in Australia, Cites Innovation Potential
Australian crypto unicorns may be on their way – but first, the rest of the country needs to catch up. According to Coinbase’s Asia Paci...
ASIC “Very Concerned” about Crypto Fraud, Makes Move Against Miners
Australian Securities and Investment Commission (ASIC) chair Joe Longo is ‘very concerned’ about high-risk activity and the next big fra...
ASIC Files Appeal Against Federal Court’s Finder Wallet Decision
The Australian Securities and Investment Commission (ASIC) has taken a leaf out of the Securities and Exchange Commission’s (SEC) book. Th...
Bitcoin Halving to Boost BTC Price? History May Not Repeat, Says Coinbase Exec
With the Bitcoin halving less than three weeks away, speculation continues unabated over what will happen to the price of Bitcoin once block...
CommBank Faces Backlash for Blocking Customer Crypto Purchases
The banks don’t quite see the irony, do they? This week, Australia’s biggest financial institution, Commonwealth Bank, has come under fi...
Crypto Holdings in Super Funds Quadruple, ATO Figures Reveal
Australians are now holding about AUD$1 billion worth of crypto in their self-managed super funds (SMSF) according to Australian Tax Office ...
BlackRock Spot Bitcoin ETF Surpasses $11bn AUM in Record Trading Day
It seems Bitcoin’s rally does not stop as it breaks records in Australia and elsewhere, with interest in Spot Bitcoin ETFs showing no sign...
Bitcoin ATH & Are AI Coins About to Surge?
BTC to all time highs in Australia Ahh what a time to be alive! It feels like yesterday that Bitcoin was consolidating around the US$30k mar...