CBDCs
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.
Monica Noronha 2 min read
Australia News
Regulatory proposals, exchange oversight, mining, and institutional interest in Australia’s crypto sector.
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Enterprise
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.
Exchanges
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.
Latest Australia Crypto News & Analysis
Taxes
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.
Regulation
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.
Regulation
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.
Adoption
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.
Regulation
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.
Payments
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.
