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Australian Senator proposes landmark Digital Services Act
21.3.2022
The new legislative package will address issues in crypto custody, taxation, and DAO operations in order to protect consumers against bad actors in the space
Facebook Owner Meta Sued for Publishing Scam Crypto Ads by Australian Regulator
20.3.2022
The Australian Competition and Consumer Commission has filed a lawsuit against Meta, formerly Facebook, for “publishing scam advertisements featuring prominent Australian public figures.” The regulator said, “The essence of our case is that Meta is responsible for these...
Facebook Owner Meta Sued by Australian Consumer Watchdog for Scam Crypto Ads
18.3.2022
Australian Competition and Consumer Commission says Meta linked fake media articles to unknowing celebrities
Australian competition regulator takes Meta to court over fake crypto ads
18.3.2022
The ACCC highlighted unapproved or endorsed “scam” ads featuring prominent Australian figures such as entrepreneur Dick Smith, TV host David Koch and former NSW premier Mike Baird in particular
23-year-old Australian buys $314k property via planned crypto investments
13.3.2022
Loi Nguyen started his journey as an investor back in 2017 by purchasing a few hundred dollars worth of BTC, ETH and traditional stocks. In November 2021, his crypto investments outweighed his entire stock portfolio
Facebook Faces Legal Fight with Australian Billionaire over Crypto Scam Ads
22.2.2022
Meta’s Facebook has filed legal documents in rejection of an action brought by the Australian billionaire Andrew “Twiggy” Forrest, the nation’s richest man. The latter claims the social media platform should be held liable for “reputation-damaging” crypto scam ads that made use of images...
Australian Dollar Recovers While US Dollar Falls Further
1.2.2022
The week started on a rough note for the dollar as the safe haven dropped again on Tuesday. The currency has been on a falling spree ever since the Fed hinted at increasing the interest rates in March. On the other hand, the news spelled good news for risk-sensitive currencies like the pound....
Chrono․Tech Attracts $30 million Investment
27.1.2022
PRESS RELEASE. Australian asset manager Mark Carnegie and a European Family Office have recently taken stakes in the company, totalling around $30 million, as Chrono’s ecosystem soared in activity and value over the course of 2021. The growth of the crypto market and blockchain sector...
Australian Regulator Warns Against Investing Retirement Funds in ‘High Risk’ Crypto-Assets
18.1.2022
An Australian regulator has warned residents seeking to self-manage their retirement funds to be wary of investing in crypto-asset investments that promise high returns in a short space of time. The regulator reiterates in the warning that crypto-assets are a high-risk and speculative investment....
FTX announced as naming rights sponsor of Australian Blockchain Week 2022
18.1.2022
FTX CEO Sam Bankman-Fried says the partnership is a “watershed moment” as the Australian blockchain ecosystem continues to go mainstream
NZ and Australian Dollars Struggled to Keep Afloat
17.1.2022
In yet another setback to the hope of global economic recovery, the New Zealand and Australian dollars remained flattened among the mixed signals coming from the numbers released by regulators from the United States of America. According to the latest figures, the Australian dollar decreased...
Australian women’s football team secures $75M deal with Crypto.com
17.1.2022
Aside from being the first major crypto sports sponsorship in Australia, the deal will also be a first for women’s sports
The Australian Open swings into the Metaverse on Decentraland
17.1.2022
A virtual recreation of Melbourne Park including the Rod Laver Arena and Grand Slam Park will be open for the duration of the AO tournament
SEC Charges Australian ‘Man Behind the Machine’ in $41M Crypto Fraud Scheme
9.1.2022
The U.S. Securities and Exchange Commission (SEC) has charged an Australian citizen who called himself the “Man behind the Machine” in a fraudulent crypto scheme that raised almost $41 million. He and his companies made “materially false and misleading statements in connection...
Mandates Ban Unvaccinated From Visiting Banks in Multiple Countries, Australian Premier Says ‘There’s Going to Be a Vaccinated Economy’
22.12.2021
Over the last few weeks, furious debates over Covid-19 and vaccine mandates have divided people into two classes. On December 21, one individual from Argentina explained in a forum that “banks in Argentina are not letting unvaccinated people inside.” The person said that whether...
Australian Reserve Bank’s ‘Project Atom’ CBDC research finds numerous benefits
9.12.2021
Following Treasurer Josh Frydenberg’s “payments and crypto reform plan,” the RBA has published a report exploring DLT tech and wholesale CBDC issuance
Australia to Regulate Crypto Sector as Part of Payments Reform
8.12.2021
The government of Australia is preparing to comprehensively regulate the activities of cryptocurrency exchanges and custodians. The push is part of a major overhaul, aimed at preserving the country’s sovereignty over its payments system, which will also affect providers like Apple...
Australian government gives nod to 6 world leading crypto reforms
8.12.2021
“What is clear is that if we embrace these developments, Australia has an enormous opportunity to capitalize on the convergence between finance and technology,” Treasurer Josh Frydenberg said
Australian women owning crypto has doubled in 2021: Survey
7.12.2021
The ICRI survey of 2,000 Aussies also found that 56.7% of the women surveyed said that they would enter the crypto market based on advice from family and friends
Australian Video Games Industry Is Getting Its Own Union
7.12.2021
Game Workers Unite Australia, a body that had previously been an advisory and support organisation, announced today that early next year it will be transitioning to becoming a full-blown union.Read more