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Australian Regulator Seeks Advice on Crypto-Related Assets

2.7.2021
The Australian Securities and Investments Commission (ASIC) recently opened a consultation for establishing methods and best practices for regulating crypto assets. The consultation paper seeks guidance on which crypto-assets should qualify as underlying assets, and how to make this determination....

Australian regulators seek public input on crypto ETPs

30.6.2021
The Australia Securities and Investments Commission has indicated that Bitcoin and Ether are the only two crypto assets likely to meet its evolving criteria for a regulated crypto ETP

Lloyds Auctions Australia Sells a Pricey Caravan for Cryptocurrency

23.6.2021
Australia’s Lloyds Auctions now accepts major cryptocurrencies for any of the items offered on its marketplace. Within hours of the announcement, the auction house managed to sell an expensive caravan (camper/trailer) to a bidder who was happy to pay the full price with digital coins....

Crypto Adoption in Australia Grows Along With Concern Over Volatility

17.6.2021
Around one in six Australians owns crypto, a report by Finder showed

Australia’s Top Regulators Monitor Impact of Stablecoins

17.6.2021
The leading six regulators of Australia are analyzing the effect of exclusively-owned stablecoins in the market. Stablecoins are a type of cryptocurrency assets that have their value connected to any traditional asset like fiat currency or gold. Such linkage reduces the chances of volatile trends...

Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals

8.6.2021
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians fall victim to fraudulent schemes involving cryptocurrency, bank transfers remain the scammers’ favorite...

Two-Fifths of Australian Millennials Prefer Crypto Investments Over Real Estate

7.6.2021
A report published by the cryptocurrency exchange Kraken shows that two-fifths of Australian millennials prefer to invest in cryptocurrency assets over real estate. The survey shows that a number of Australians are losing faith in traditional assets like gold, stocks, and real estate....

Two-fifths of Aussie millennials think crypto investments beat real estate

7.6.2021
Boomers down under are worried about volatility, but millennials are filling their crypto bags

Sheesha Finance Collaborates With Blockchain Australia

31.5.2021
Intending to reshape the industries and the market as a whole, the leading Melbourne-based blockchain solutions provider Blockchain Australia has joined hands with the UAE-based DeFi Mutual Funds Organization Sheesha Finance. The primary focus is to commercialize DeFi incubation projects...

Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains

29.5.2021
Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back into dollars, the tax office is going to prompt hundreds of thousands of taxpayers...

Every Fourth Australian Willing to Be Paid in Bitcoin, Poll Finds

29.5.2021
A new survey has established that one in four Australians would like to receive at least part of their salary in cryptocurrency. While the motives vary between the members of this diverse group, the results indicate that the Australian nation’s overall interest in decentralized digital money...

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...

Elon Musk Invented Bitcoin, if You Ask Half of Australians Polled by Finder

20.5.2021
Australians have been learning more and more about cryptocurrencies but it turns out some myths and misconceptions are still widespread among the general public Down Under. As a most stunning example, over half of the participants in a new poll by Finder believe Elon Musk invented the first crypto...

More than half of Australians think Elon Musk invented Bitcoin: Survey

19.5.2021
Over 40% of respondents were unaware that Bitcoin had a limited supply

Cybersecurity Firm Spots a Crypto Stealer Distributed Through a Massive Email Spam Campaign and Discord Channels

13.5.2021
A crypto stealer seems to have spread through a massive spam campaign across several countries, including the United States, Australia, Japan, and Germany. The malware dubbed “Panda Stealer” has been spotted by a cybersecurity company. It is reportedly also distributed on Discord...