Australia’s Bitcoin ATM count reaches 1,359, growing steadily for 29 months, nearing Europe’s total of 1,660. AUSTRAC plans to monitor Bitcoin ATM operators closely in 2025 to prevent misuse for…
Browsing: Australia
Monochrome launches Australia’s first direct-holding spot bitcoin ETF, IBTC, on Cboe Australia. Monochrome’s IBTC offers secure and compliant investment, filling a gap in the Australian market. Tuesday is the debut…
ANZ and Chainlink teamed up to connect Ethereum and Avalanche blockchains for seamless asset settlement. The collaboration aims to modernize traditional settlement processes using blockchain technology In a recent blog,…
The Reserve Bank of Australia has identified four key areas that a CBDC could bolster after the completion of its pilot phase. Stellar Lumens could play a key role in…
Binance has confirmed that it has been cut off from the Australian banking system with its 1 million customers affected. On top of getting short notice, the reasons given to…
Australian ‘Big 4’ bank NAB is set to launch AUD-pegged Ethereum and Algorand-based stablecoin in mid-2023. NAB is the second Australian banking big name to develop a stablecoin, following ANZ’s…
The Australian government is seeking to bridge gaps in the regulatory framework while addressing different aspects of the crypto sector. The “token measure” exercise will be an important step to…
Using crypto in criminal activity suggests a careful and well-detailed plan to carry out the act. The amount of crypto used for illegal purposes dropped between 2021 and Q1 2022.…
A large number of Australians see digital assets as a wealth creation tool and are willing to switch banks in search of crypto products. The Australian government is also preparing…
According to RBA, the amount invested in crypto, specifically the leading meme coins like Dogecoin and Shiba Inu is questionable. The RBA’s head of payment policy mentioned that the speculative…
Australia needs a proper upgrade to its financial regulatory regime to create a friendly cryptocurrency business environment. Current regulatory frameworks put the country at a disadvantage against competing technological global…
An Australian crypto influencer now owes one of his follower $370,000 after leading him into “investment opportunities” that never paid out. Now missing in action, the “finfluencer” has also been…
Average portfolio size has increased from 795.5 AUD to 2,849.5 AUD in a period of one year While the older generation has a larger portfolio size, the younger is more…
Crypto companies and figures have been de-banked multiple times by Australian financial institutions. Banks state non-compliance with anti-money laundering and counter-terrorism financing laws as the main reasons for their actions.…
According to recent research, around 73 percent of Aussies say that Bitcoin is a ‘bubble’ that will eventually burst. This comes despite a radical change in adoption with Australia coming…