Crypto ATMs in Australia under scrutiny as regulators seek powers to ban “high-risk” services
Australia is speeding up its rules after a sharp rise in crypto cash machines and their role in scams. AUSTRAC and government MPs want new...
australia
Australia Shuts Down a Money Laundering Network That Cleaned Over $123 Million
TL;DR Australia dismantled a network that laundered $123 million in cryptocurrency through a private security company. The investigation found that the company mixed legal earnings...
Australian Regulator Suspends Holon Crypto Funds
The Australian Securities and Investments Commission (ASIC) has prohibited Sydney-based crypto-asset manager Holon Investments Australia Limited (Holon) from promoting or distributing three of its crypto...
Central Bank of Australia Finally Releases Its Official CBDC Whitepaper
A research study to examine use cases for a central bank digital currency (CBDC) in Australia was officially unveiled by the Reserve Bank of Australia...
Australia Drafts Bill To Regulate Stablecoins and Crypto Exchanges
Andrew Bragg, a senator for the Australian Liberal Party, has introduced a new draft bill to put restrictions on digital asset exchanges, stablecoins, and the...
Australia to Use “Token Mapping” to Regulate Cryptocurrencies
Cryptocurrency regulators in Australia are seeking to do something that no other government has ever done before....
Holon Launches Australia’s First Unlisted BTC and ETH Funds with Gemini
Following an agreement with the Gemini exchange, digital asset venture capital company and fund manager Holon said Thursday that it has become the first unlisted...
The Governor of the Reserve Bank of Australia Prefers Private Crypto
As long as risks are addressed by regulation, Australia central bank governor Phillip Lowe believes a private solution is preferable for cryptocurrencies....
Australian Gold Coast Mayor Suggests Using Cryptocurrencies for Tax Payments
Mayor Tom Tate of the Gold Coast, Australia, has suggested that in the future, people could use cryptocurrencies to pay local taxes, but critics have...
Australian Consumer Advocates Call for Urgent Regulation of the Crypto Sector
An Australian consumer advocacy organization, Choice has urged the new Labor government to prioritise cryptocurrency regulation as part of a proposed regulatory framework to better...