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Australia News

The Commonwealth of Australia is the sixth largest country in the world and is the only one that occupies a whole continent. It also includes several islands. The state has a strong economy and its GDP per capita is bigger than that of Great Britain, Germany, etc. The growing popularity of Bitcoin hasn’t gone unnoticed in the country. In Australia, cryptocurrency is almost a legal form of payment, as the government is making efforts to give Bitcoin the status of either a national or foreign currency. In July 2017, the government cancelled a double tax for transactions with Bitcoin in Australia to provide a better cryptocurrency environment. In Australia, cryptocurrency exchange is possible with plenty of ATMs and online platforms.
News
Bitcoin remains the most popular cryptocurrency in Australia, with 9% of Aussies currently hodling it.
17% of Australians now own crypto, totaling $8B between them: Survey
Brian Newar
2021-09-03T03:10:50+01:00
5234
News
The joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank digital currencies.
Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot
Samuel Haig
2021-09-02T06:05:33+01:00
22859
News
Thailand's Bank of Ayudhya, where MUFG holds a 76.9% stake, has participated in a $41 million raise for Asia-Pacific-focused crypto trading platform Zipmex.
MUFG boosts its crypto exposure following $41M Zipmex funding round
Marie Huillet
2021-08-31T11:15:27+01:00
2391
News
Legislation dramatically expanding the hacking capabilities of Australian authorities investigating suspected cybercriminals has been passed through the country...
'Surveillance state': Australian police given sweeping new hacking powers
Samuel Haig
2021-08-27T04:35:57+01:00
12606
News
Bitcoin-related investment scams have already exceeded $18.5 million, an increase of 44% compared to the total losses of nearly $12.8 million in 2020.
Australians lost over $25 million to bogus crypto investments: Report
Arijit Sarkar
2021-08-24T12:03:53+01:00
6078
News
A nine-month blockchain initiative assessing the cost and time efficiency of the two countries’ digital verification systems has been deemed a success.
Australia and Singapore conclude digital verification blockchain pilot
Tom Farren
2021-08-19T14:14:10+01:00
9005
News
Based on reports from Australian investors, the ASIC said that citizens have suffered significant losses due to “excessive leverage, platform outages, or unfair...
Australian regulator issues warning about unlicensed crypto businesses
Arijit Sarkar
2021-08-18T10:08:22+01:00
3976
News
Crypto holders in the United States, Canada and now Australia can generate tax reports using the exchange.
Australian crypto users will have access to tax reporting services through Crypto.com
Turner Wright
2021-08-12T20:58:26+01:00
3708

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