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Record 32.5% of Australians Hold or Have Owned Cryptocurrency, Study Finds
25.2.2025
A recent study reveals significant cryptocurrency adoption and optimism in Australia, with nearly a third of Australians having owned crypto and a majority believing in its future acceptance. Close to 60% of Users Report Profits Nearly a third (32.5%) of Australians have now owned cryptocurrency...
Insurance Brokerage Giant Gallagher Launches Solution for Australian Digital Asset Firms
29.1.2025
Gallagher, a leading insurance broker a specialized insurance product aimed at Australian companies managing digital assets. Civil Liability Cover Insurance broking giant Gallagher has unveiled a specialized insurance product designed to address the risks faced by Australian companies managing...
615 Crypto Scam Sites Dismantled by Australian Regulator
22.8.2024
The Australian Securities and Investments Commission (ASIC) has shut down more than 7,300 phishing and investment scam websites, including 615 targeting cryptocurrency. The regulator noted that collaboration with other agencies and advanced detection techniques have enabled ASIC to swiftly take...
Australian Asset Management Firm Transfers Bitcoin ETF Application to Cboe Australia
7.4.2024
Monochrome Asset Management, an Australian investment management firm, has transferred its bitcoin exchange-traded fund (ETF) application to Cboe Australia. This move aligns with Monochrome Asset Management’s objective of broadening its footprint in Asian markets. Monochrome’s Commitment...
Report: Australian Police Seize Crypto Worth $1.5 Million From Dark Web Drug Dealer
10.10.2023
The police in the Australian state of South Australia recently seized cryptocurrency worth $1.5 million from an alleged dark web drug dealer. Police also recovered a “large quantity” of the synthetic opioid nitazene as well as tens of thousands of dollars in cash. ‘Illicit...
Female investors led crypto market growth in 2021, says new report
6.4.2022
The average value and volume of transactions conducted on the BTCM platform increased by 48% and 118 percent in 2021, with the average daily orders increasing by 42%
Aussie Regulatory Body Backs Government’s Plan to Regulate Crypto
16.12.2021
In a bid to develop new regulations for cryptocurrencies and other digital assets, Australia’s regulators - acting through their joint body, the Council of Financial Regulators (CFR) - have released a statement in which they embrace the government’s plan to implement a payments and crypto-asset...
Crypto Exchange Binance Ceases Derivatives Trading in Australia
22.9.2021
Amid regulatory scrutiny worldwide, global cryptocurrency exchange Binance has announced that it will cease offering futures, options, and leveraged tokens to Australian users in 90 days. Changes Coming to Binance Australia Cryptocurrency exchange Binance announced some changes to its offerings...
Australian online broker SelfWealth to offer crypto trading
12.7.2021
SelfWealth’s move into crypto investment falls in line with the company’s efforts to shift from a pure share trading platform to a “wealth creation platform”
Australian Senator Says Cryptocurrency Is Not a Fad — Government Won’t Stand in the Way
20.5.2021
Australian Senator and Minister of Financial Services Jane Hume said that “cryptocurrency is not a fad. It is an asset class that will grow in importance.” She emphasized that the government won’t stand in the way of crypto investing. “We have to let people make their...
Binance Opens Up ‘Full Fiat’ Australian Exchange
29.7.2020
The most recent spin-off from the mothership, Binance Australia, claims to provide local traders with the speed, deep liquidity and security of the flagship platform
Australia Post Now Lets Customers Buy Bitcoin at Over 3,500 Outlets
26.6.2020
The Australian postal service has confirmed that it's partnered with Bitcoin.com.au to let customers purchase cryptocurrencies at its stores across the country
Regulatory Roundup: French Court Considers Bitcoin Money, Cryptocurrencies Legitimized in South Korea, Australia, India
10.3.2020
The cryptocurrency sector worldwide saw several historic regulatory events last week. In this roundup, we cover a landmark bitcoin ruling by a French court, South Korea’s first crypto bill, an Australian court’s ruling, Germany’s announcement, and a recent FATF meeting where more...
Australian Man Arrested for Unregistered Crypto Transactions
12.11.2019
Australian police arrested a man operating a cryptocurrency ATM that allegedly facilitated “unregistered cryptocurrency transactions”
Oxfam Trials Aid Distribution With DAI, Future Use 'Highly Likely'
26.6.2019
A pilot program saw Oxfam distribute financial aid in the form of tap-and-pay cards developed for Sempo’s payment platform that were loaded with DAI to 200 citizens of Vanuatu to test the efficacy of blockchain-based disaster relief solutions