Australia Crypto News
Learn about the latest Australia blockchain news, events, and companies from CryptoSlate, a leading destination for cryptocurrency and blockchain news.
Australian senator releases draft bill to push for crypto regulation
Australian liberal senator Andrew Bragg introduced a draft bill for regulations on digital asset exchanges and Chinese banks provisioning digital e-Yuan.
Australia creates special crypto police unit to crack down on money laundering
In the first four months of 2022, crypto scam losses in Australia grew 166% to $140 million, compared to the same period in 2021.
World Economic Forum weighs in on CBDC adoption and DLT use cases
WEF aims to inform and help central banks realize the potential of CBDCs and DLT as interest in the technologies gain traction.
Digital casino Stake.com facing $400M lawsuit filed by former partner
Crypto casino Stake.com is being sued by its former partner Christopher Freeman who claims he was cut out of the platform.
Australia plans to implement token mapping amid intensified efforts to regulate crypto industry
Token mapping will be used by the Australian government to regulate cryptocurrencies according to their asset class.
Private but regulated tokens could beat CBDCs, Australian central bank chief says
The Reserve Bank of Australia governor argued that the private sector is better than central banks at innovating tokens.
Banxa to layoff 30% of workforce to shelter the “crypto winter”
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.
Crypto winter causes Australian exchange to freeze operations permanently
Challenging market conditions during crypto winter force Australia-based BTC.com.au to close its doors for the last time.
Australian mayor suggests crypto as tax payment option
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.
Australian consumer group calls for urgent regulation of crypto
With a few crypto exchanges shutting down and an increase in scams, crypto investors want the same level of protection as stock traders.
Australia aims to finalize crypto regulation by 2025
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.
Australia’s first spot Bitcoin ETF could see $1 billion in inflows
Cosmos Bitcoin ETF beat competition from other rivals like BetaShares, EFT Securities, and VanEck.
Australia continues regulation drive with new policy targeting crypto and financial influencers
A 2021 survey in Australia revealed that 33% of Australian citizens follow a financial influencer.
Crypto.com’s latest partnership to enable crypto payments at 170 merchants in Australia
More than 170 merchants in South Australia will be able to accept crypto payments starting in July.
Here’s the first multi-CBDC settlement project and participating countries
Australia, Malaysia, Singapore and South Africa will be participating in the multi-CBDC platform pilot led by the Bank of International Settlements.
Qantas announces NFT collection and becomes the second airline offering NFTs
Qantas airlines recently announced they're stepping in to the NFT field. With that, they managed to be second in line after AirBaltic.
Australia eyes sweeping new crypto regulations
Senator Bragg believes the growth of DAOs could pose a level of threat to the country’s tax base.