Australia News
Synergist’s Andrew McPhee Sounds Alarm on Australia’s Crypto Brain Drain
Australia’s regulatory approach to crypto is driving innovation offshore, and its vacuum of high quality crypto financial advice is acting...
ASX’s Opyl Rides Bitcoin Wave, Shares Soar 47% on Crypto Treasury Bet
Australian biotech outfit Opyl (ASX:OPL) has turned to Bitcoin in a bid to outlast its worsening financial crunch. According to a repo...
Aussie Police Crack Down on Crypto ATM Scam Nexus Exposing $433K Widow’s Loss
Australian police have tracked over 90 high-usage crypto ATM users in a sweeping crackdown aimed at curbing scams tied to digital currency.&...
AUDD Launches Natively on Hedera, Pioneering Australian Dollar Stablecoin Innovation
The Australian dollar-backed stablecoin AUDD has officially gone live on the Hedera blockchain, becoming the first commercial deployment usi...
Ripple Labs Boosts Australian Blockchain Research with Fresh $5M Injection
Ripple Labs has committed US$5M (AU$7.66M) to fund blockchain research and cultivating talent across the Asia-Pacific region. Accordin...
Australian Money Laundering Scheme Busted: A$190M Converted to Crypto
Four people have been arrested for allegedly laundering millions of dollars in suspected criminal funds through “a complex web of deceptio...
Aussie Watchdog Sues Boss of Collapsed Exchange ACX Over $20m in Customer Claims
Australia’s financial regulator, ASIC, has announced it will be pursuing civil proceedings against Liang ‘Allan’ Guo, the former direc...
Alchemy Pay Comes to Australia with PayID Integration and AUSTRAC Approval
Singapore-based cryptocurrency payments solution provider, Alchemy Pay, has integrated PayID — Australia’s interbank real-time payments ...
Australian Senator Labels Bitcoin a “Ponzi Scheme” That “Produces Nothing”, Despite $1M Prediction
Australian Senator Gerard Rennick has reignited tensions with the Bitcoin community after calling the asset a Ponzi scheme and dismissing it...
Scammed to Scammer: Aussie Banker Used Insider Knowledge to Steal $500k
A former National Australia Bank (NAB) employee has been sentenced to 18 months imprisonment for the theft of almost AUD$500,000 from bank c...
Aussie Judge Rules Bitcoin Is Cash, Puts ATO’s Crypto Taxation on Notice
A Victorian magistrate has ruled that Bitcoin is comparable to Australian dollars and should therefore be exempt from capital gains tax (CGT...
Queensland Man Loses 25 Bitcoin, Waterfront Mansion and Mercedes in AFP Asset Forfeiture
The AFP-led Criminal Asset Confiscation Taskforce (CACT) confiscated 25 BTC, a waterfront mansion, and a Mercedes-Benz worth AU$4.5M in a pr...