Australia Crypto News

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.

Token mapping will be used by the Australian government to regulate cryptocurrencies according to their asset class.

The Reserve Bank of Australia governor argued that the private sector is better than central banks at innovating tokens.

Terming the move "measures of a response management" Banxa joins the list of companies laying off part of its workforce in this current "crypto winter" to save over $10 million per year. 

Challenging market conditions during crypto winter force Australia-based BTC.com.au to close its doors for the last time.

Gold Coast Mayor Tom Tate has revealed that the city could be open to accepting its taxes with cryptocurrencies like Bitcoin despite the volatile nature of the industry.

With a few crypto exchanges shutting down and an increase in scams, crypto investors want the same level of protection as stock traders.

Australian Prudential Regulation Authority’s (APRA) roadmap includes annual action steps to regulate all crypto-related activities and aims at releasing the regulations by 2025.

Cosmos Bitcoin ETF beat competition from other rivals like BetaShares, EFT Securities, and VanEck.

A 2021 survey in Australia revealed that 33% of Australian citizens follow a financial influencer.

More than 170 merchants in South Australia will be able to accept crypto payments starting in July.

Australia, Malaysia, Singapore and South Africa will be participating in the multi-CBDC platform pilot led by the Bank of International Settlements.

Qantas airlines recently announced they're stepping in to the NFT field. With that, they managed to be second in line after AirBaltic.

Senator Bragg believes the growth of DAOs could pose a level of threat to the country’s tax base.

Facebook says these crypto ads violate its policies and its working to curb their spread.