Australia News
Westpac Makes its Tentative First Steps Towards Crypto
After remaining silent on the topic for most of this year, major Australian bank Westpac has indicated its intent to enter the blockchain an...
Australian Financial Planning Association Backs ‘Crypto Rule Book’
The Financial Planning Association of Australia (FPA) is showing its support for a “crypto rule book”, calling to regulate crypto assets...
Reserve Bank of Australia Chief: Private Stablecoins May Be Better Than CBDCs
In a recent panel discussion of the G20 finance officials meeting in Indonesia, Reserve Bank of Australia (RBA) governor Philip Lowe signall...
Australia 5th in Global Crypto Rankings: Report
Australia ranks fifth among the world’s top crypto-friendly economies, according to the latest quarterly global cryptocurrency ranking...
Australian Open NFT Project ‘AO Metaverse’ Wins Big in Global Advertising Awards
The Australian Open Metaverse, in partnership with Melbourne Web3 studio ‘Run it Wild’, has won the first Cannes Lions award for an NFT ...
Adelaide-Based STEPN Announces $122 Million in Q2 Profits, Plans Buyback and Burn
On July 12, Adelaide-based move-to-earn platform STEPN announced a Q2 profit of US$122.5 million, which it says was generated through its pl...
Australia Ranks Last Out of 20 Countries in Digital Currency Ownership: UN Report
New data from the United Nations Conference on Trade and Development (UNCTAD) shows that only 3.4 percent of Australians own crypto, placing...
Australia’s First NFT-Ticketed Music Festival Launches For ‘The Grass Is Greener’ 2022
An annual all-ages music, food and art festival kicking off again later this year in an expanded format will be the first major Austral...
Australia Ranks 8th in ‘Most Interested in NFTs’, Report
Whether they love ’em or hate ’em, it’s clear Australians are highly curious about non-fungible tokens after ranking eighth globally f...
Australians Lost Almost $100 Million in 2021 to Crypto Investment Scams
Aussies lost more than A$2 billion to scams in 2021, including losses of A$84 million due to scammers seeking payment with cryptocurrency, a...
‘Black Mountain Energy’ Looks Set to Enter Bitcoin Mining in Australia
Black Mountain Energy, a US-owned resource company headquartered in Australia, has received a “non-binding” letter of intent fro...
Brisbane Man’s Crypto Bet Enabled Him to Buy a Home Mortgage-Free
In less than a decade, Brisbane IT specialist Joe Bridge turned a small-time household crypto mining hobby into an A$1.2 million profit that...