Australia News
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...
Australia Appoints Pro-Crypto MP Andrew Charlton as Assistant Minister for the Digital Economy
Prime Minister Anthony Albanese has appointed Andrew Charlton as assistant minister for the digital economy, artificial intelligence, and em...
Binance Australia Rides the Wave with Surf Star Jack Robinson as Crypto Ambassador
Binance Australia just signed Olympic surfer Jack Robinson in what seems like a calculated move to embed crypto deeper into Australian mains...
Coinbase Urges Next Australian Federal Gov to Act on Crypto Regulation
Coinbase is urging Australia to make bolder moves regarding the crypto industry to establish itself as a leader in the digital assets space....
Aussies Reject Pension Titans, Turn to Crypto and Self-Managed Super Funds
Traditional Aussie super funds aren’t always known for delivering the most exhilarating returns. Over the past 32 years, the median Growth...