[Nov 28, 2023 12:45 AM] Blockchain analytics firm TRM Labs has partnered with Australian cryptocurrency exchange Swyftx in an effort to combat scams in the nation.
[Nov 23, 2023 7:09 PM] The Australian Tax Office’s new rules on DeFi are unclear on whether capital gains taxes apply to liquid staking and transferring to layer 2 bridges.
[Nov 14, 2023 5:06 AM] Australia's tax authority has clarified that its capital gains tax on crypto products also extends to wrapped tokens or token interaction with decentralized (DeFi) lending protocols.
[Nov 14, 2023 2:19 AM] Delivering a major hit to Australian crypto investors, the ATO stated that wrapping or unwrapping tokens — irrespective of their price at the time — will be subject to capital gains tax.
[Nov 13, 2023 1:32 AM] This obligation won’t be backed by a fine if the company fails to comply, and businesses will still be permitted to pay ransoms, though this is discouraged.
[Nov 7, 2023 10:00 PM] Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.
[Nov 3, 2023 3:27 AM] The J5 generates significant leads through events, which, in the past, has helped uncover multimillion-dollar crypto Ponzi schemes, such as the BitClub Network.
[Oct 16, 2023 4:36 AM] The assistant governor of the Reserve Bank of Australia noted that pilot projects have highlighted several key areas where CBDCs could be of great use.
[Sep 25, 2023 10:09 AM] Jatinder Singh and his partner bought four houses, cars, artwork and other luxurious items with money they received due to an accounting error by Crypto.com, according to the Guardian.
[Sep 22, 2023 5:30 AM] Australia’s securities regulator has initiated civil proceedings against Bit Trade Pty Ltd, an entity providing Kraken services to Australian users. According to the government agency, the company failed to comply with regulatory obligations meant…
[Sep 11, 2023 3:30 PM] Senators Richard Blumenthal and Josh Hawley's framework emphasizes that technology companies cannot rely on liability protections to shield them from legal actions.
[Sep 6, 2023 11:49 PM] Senator Andrew Bragg says rejecting his crypto bill will drive investment away from Australia but lawyers claim it's part of a bigger regulatory picture.
[Sep 4, 2023 11:48 PM] Australian crypto exchange Swyftx said it had identified a rise in demand for crypto education during the bear market as the reason for its launch.
[Sep 4, 2023 7:38 AM] Introduced in March 2023, Australia’s bill on digital asset market regulation has faced a series of report delays by the Senate, and it's now been sent back for amendments.
[Aug 31, 2023 4:25 AM] Responsibility for crypto scams does not only belong to the cryptocurrency industry, it also involves banks, telecoms and social media platforms, Australian exchanges say.
[Aug 30, 2023 11:43 PM] Crypto-focused lawyer Jeremy McLaughlin said the U.S. digital asset industry may re-ignite as the country's securities regulator racks up court losses.
[Aug 23, 2023 4:29 PM] Bitcoin ATM network company ByteFederal Australia has officially launched in Australia, according to a press release shared with Bitcoin Magazine. "The launch of ByteFederal Australia marks an exciting milestone in our mission to…
[Aug 23, 2023 12:23 AM] Australia will not be making any decision on a central bank digital currency (CBDC) for some years due to several unresolved issues.
[Aug 21, 2023 5:30 AM] The Australian securities regulator recently revealed that the crypto lending platform Helio pleaded guilty to the allegation of falsely claiming to be a holder of the Australian Credit License (ACL). For admitting to committing the offense, Helio…
[Jul 30, 2023 11:03 PM] Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges.
[Jul 26, 2023 8:30 AM] In the wake of over 5,000 crypto ATMs being taken out of service during the initial four months of 2023, the past four months have witnessed a resurgence in global crypto ATM installations. Crypto ATM Landscape Rebounds After Downturn Ever since…
[Jul 26, 2023 7:15 AM] The decision in an Australian court was driven by increasing concerns about illicit activities in the crypto market and the desire to safeguard investors.
[Jul 21, 2023 3:30 AM] Australia’s securities regulator has canceled the license of the local FTX entity, allowing it to perform only limited financial services. These will be related to the termination of derivatives with clients and arrangements to compensate retail…
[Jul 18, 2023 11:30 PM] National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with certain…
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