Australia

December 09, 2024

Australian Fintech Struggles in 2024: Blockchain and Crypto Firms Hit Hard

Australia’s fintech sector faced significant challenges in 2024, with more than 7% of the industry’s firms shutting down. According to KPMG’s Australia Fintech Landscape 2024 report, […]
December 06, 2024

AUSTRAC Targets Crypto ATM Providers in Crackdown on Money Laundering

Australia’s national financial intelligence agency, the Australian Transaction Reports and Analysis Centre (AUSTRAC), has announced that it will prioritize cryptocurrency in the upcoming year. As part […]
November 18, 2024

Crypto.com Expands Services in Australia with Acquisition of Fintek Securities

In a strategic move to broaden its offerings, leading cryptocurrency exchange Crypto.com has acquired Australian brokerage and trading company Fintek Securities. This acquisition enables Crypto.com to […]
August 30, 2024

Australia’s Crypto ATM Boom: 17-Fold Increase in Two Years Amid Rising Security Concerns

Australia is experiencing a rapid expansion in the number of cryptocurrency ATMs, becoming one of the world’s fastest-growing markets for these kiosks. In just two years, […]
August 05, 2024

Australian Federal Police Investigate $4 Billion Crypto Phishing Scams

The Australian Federal Police (AFP) have launched an investigation into a series of sophisticated crypto phishing scams that have affected at least 2,000 Australian-owned crypto wallets. […]
July 15, 2024

AUSTRAC Report Highlights Rising Criminal Use of Cryptocurrencies: Challenges and Regulatory Responses

The Australian Transaction Reports and Analysis Centre (AUSTRAC) has released its 2024 Money Laundering National Risk Assessment, revealing a troubling increase in the criminal use of […]
June 11, 2024

Australia Implements Ban on Crypto and Credit Cards for Online Gambling

In a bid to safeguard its citizens from financial harm, the Australian government has taken decisive action by banning the use of cryptocurrencies and credit cards […]
April 12, 2024

Australian regulators bust unlicensed blockchain mining companies

ASIC Chair Joe Longo issued a caution to Australians regarding investing their Self-Managed Superannuation Funds (SMSFs) in cryptocurrency, reaffirming the commission’s dedication to scrutinizing crypto products […]
April 11, 2024

Australia’s securities regulator appeals loss in Finder Wallet case

The Australian Securities and Investments Commission (ASIC) has filed an appeal against its court loss in a case involving Finder Wallet, a sister company of Australian […]

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