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Crypto.com accidentally transfered $10.5M to client instead of $100 refund
30.8.2022
Court documents allege that the recipient used a portion of the funds to purchase a luxury mansion upon receipt
Crypto.com Mistakenly Wired Its Australian User USD 10.5M
30.8.2022
An apparent error on the side of major crypto platform Crypto.com has turned an attempt to process a USD 100 refund into a hefty USD 10.5m wire transfer into a bank account owned by a resident of Melbourne, Australia....
Read More: Crypto.com Mistakenly Wired Its Australian User USD 10.5M
Australia Starts Research Program to Explore Digital Asset Opportunities
30.8.2022
The DFCRC is an industry-led cross-disciplinary consortium that has 25 partners from the finance, academia and regulatory sectors, including the Reserve Bank. Australia's Reserve Bank Governor Philip Lowe was at the launch. Earlier this month, the Australian central bank entered into...
Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22-29
29.8.2022
ASIC prepares to put crypto and DeFi firmly in its sights. Australia’s Northern Territory Racing Commission is preparing to adopt cryptocurrencies in gambling
Australia's markets regulator to prioritize shielding citizens from crypto harm
24.8.2022
Part of its actions will include raising public awareness about the risks inherent in crypto-assets and decentralized finance
Australia’s Northern Territory mulls landmark crypto gambling regulation
24.8.2022
“It's clear from the draft framework that what they're looking at is wagering using cryptocurrency,” said Julian Hoskins, the principle of gambling law and regulatory advisory firm Senet
Australia to Stocktake Crypto Holdings Ahead of Regulation
23.8.2022
Australia intends to do a virtual stocktake of cryptocurrency assets held by its citizens, the new executive power in Canberra announced this week. The move is viewed as an indication that the center-left government plans to regulate the country’s crypto space. Treasury Embarks...
Vitalik Buterin Says Ethereum Will be '55% Complete' Post-Merge, Hodlnaut Reveals Massive Shortfall, AMC Shares Tumble 40% + More News
22.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: Vitalik Buterin Says Ethereum Will be '55% Complete' Post-Merge, Hodlnaut Reveals Massive Shortfall, AMC Shares Tumble...
Australia to Use 'Token Mapping' as Framework for Crypto Regulation
22.8.2022
Australia has come up with a plan to frame regulation and protect investors in the face of an avalanche of advertising. The plan is to "token map" all cryptocurrencies to uncover the characteristics of all digital asset tokens in Australia including charting the type of crypto asset, its underlying...
Australia's new government finally signals its crypto regulation stance
22.8.2022
Australian Treasurer Jim Chalmers said that his government will improve the way Australia’s system manages crypto assets and provide greater protections for consumers
Hodlnaut & Swyftx Lay Off Staff, USD 9M Carried Out in eNaira, MTV's 'Best Metaverse Performance', Crypto Green and Red Regulatory Lights + More News
19.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: Hodlnaut & Swyftx Lay Off Staff, USD 9M Carried Out in eNaira, MTV's 'Best Metaverse Performance', Crypto Green and...
AUD/USD Corrects Towards 0.69 Amidst Australia’s Employment Fall
18.8.2022
During an Asian session on Thursday, the AUD/USD currency pair is burdened by yet another dismal employment report in addition to new worries over Taiwan. Despite this, the Australian currency pair is still under pressure at 0.6935, having retreated to a new daily low of 0.6924 before noon that...
Aussies buy fuel and chips with crypto across 175 fuel outlets
18.8.2022
Commenting on the roll out, Crypto.com’s Asia & Pacific General Manager Karl Mohan tipped the adoption of an AUD-backed stablecoin as being the catalyst to make crypto payments mainstream in Australia
Popularity of Crypto Investments Makes Case for Regulations, Australian Securities Watchdog Says
12.8.2022
High rates of crypto ownership, with purchases often made on advice from Youtube and Facebook, make “a strong case for regulation,” according to the Australian Securities and Investments Commission. The watchdog backs its stance with poll results showing nearly half of retail...
First Mover Asia: Bitcoin Soars Past $24K on Favorable CPI; Governments Focus Too Much on Crypto’s Economic Importance, Australia Academics Argue
11.8.2022
Professors from The University of Sydney say that as governments consider different initiatives, they are overlooking crypto’s social and cultural significance; bitcoin and other cryptos rise
Reserve Bank of Australia to Pilot Digital Currency, Explore Use Cases
10.8.2022
The monetary authority in Australia is beginning research into the potential economic benefits of issuing a central bank digital currency. Within the project, the regulator hopes to identify use cases and intends to develop a limited-scale pilot. Central Bank of Australia Working on Digital...
FTX Pay Integrates With Reddit’s Arbitrum Nova-Powered Community Points System
9.8.2022
FTX has announced that FTX Pay’s infrastructure has integrated with the social media and news aggregation forum Reddit’s Community Points system. The integration has been rolled out in the U.S., EU, Australia, and other countries worldwide. FTX Pay will also join Infura, P2P, Google...
Iran Goes Crypto, Ethereum Classic Camp Is Against Ethereum PoW Fork + More News
9.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: Iran Goes Crypto, Ethereum Classic Camp Is Against Ethereum PoW Fork + More News
The Reserve Bank of Australia to explore use cases for CBDC
9.8.2022
The pilot project will last a year, and the details for potential participants will be published in the next few months
Reserve Bank of Australia Starts New Pilot to Explore CBDC Use Cases
9.8.2022
The Reserve Bank of Australia (RBA) is to explore use cases for a central bank digital currency (CBDC) in "limited-scale" pilot alongside the Digital Finance Cooperative Research Centre (DFCRC)