Australia Crypto News

Digital Surge are set to repay customers with a balance of up to $250 AUD in full and balances above that 55% of their balance.

Crypto lobby groups in the country have argued against the broad classification of all crypto assets as financial products.

The stablecoin, AUDN, will focus on reducing settlement time, bringing down cost of international transfers, and carbon credits.

G7 economies and over 20 additional countries are in development stages for CBDCs, according to the Atlantic Council.

The number of Australians holding cryptocurrencies dropped by 3.2% in the last 12 months, says the latest Australian IRCI report. However, a large number of those surveyed called for more crypto regulation and consumer protection.

Iris Energy is underwater on its loans and currently unable to meet monthly payments due to tight mining margins.

Vitalik Buterin says ZKPs are necessary for Ethereum, Binance overshadows Huobi in derivatives trading, and more in this edition of CryptoSlate Wrapped Daily.

In the budget papers released on Oct. 25, the Australian government clarified that all cryptocurrency investors will be subject to a crypto gains tax on profits they made through selling or trading through a centralized exchange.

The Australian Securities and Investment Commission stated that the company made misled more than 79,000 individuals and entities issued with Qoin tokens about the token's utility.

ACX made withdrawals from a pool of funds collectively owned by customers and the company to fund business endeavors owned by Blockchain Group.

The regulator has ordered Holon to suspend offering crypto funds services or investment advice to retail investors for the next 21 days.

The pair who received $10.5 million by mistake are charged with theft. After buying houses and cars, among other things, $3 million remains unaccounted for.

The ATOM team announced the reveal of the ATOM 2.0 update to take place on Sept. 26, Cosmos' connection to other chains via Komodo's AtomicDEX integration and much more in this edition of CryptoSlate Wrapped Daily.

The eAUD will be available on a private, permissioned instance of the Ethereum blockchain for testing retail and wholesale use cases.

Australian liberal senator Andrew Bragg introduced a draft bill for regulations on digital asset exchanges and Chinese banks provisioning digital e-Yuan.

In the first four months of 2022, crypto scam losses in Australia grew 166% to $140 million, compared to the same period in 2021.

WEF aims to inform and help central banks realize the potential of CBDCs and DLT as interest in the technologies gain traction.

Crypto casino Stake.com is being sued by its former partner Christopher Freeman who claims he was cut out of the platform.