australia | ForkLog

ForkLog 9 16.11.2022

Australian regulator suspends license of local FTX unit

The Australian Securities and Investments Commission (ASIC) has suspended the financial-services licence issued to the local subsidiary of the FTX bitcoin exchange, according to a press release.

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ForkLog 8 26.09.2022

Australia to begin testing CBDC in 2023

The Reserve Bank of Australia announced a pilot test of the national digital currency in the first half of 2023.

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ForkLog 6 19.09.2022

Australian senator warns digital yuan poses national-security risk

Australian Senator from New South Wales Andrew Bragg announced a new bill on digital assets, including measures targeting the digital yuan.

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ForkLog 11 12.09.2022

Australia records rise in bitcoin scams

From January to July 2022, Australians lost $167 million due to investment- and cryptocurrency-related scams.

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ForkLog 3 19.08.2022

Australian crypto exchange Swyftx cuts 74 staff amid crypto winter

The Australian cryptocurrency exchange Swyftx cut its staff by 21% to reduce costs during the bear market. According to a note from management.

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ForkLog 8 18.07.2022

RBA official says regulated cryptocurrencies have the edge over CBDCs

Regulated, consumer-oriented private tokens, under proper supervision of their issuers, are better than national digital currencies (CBDCs). This was stated by the Reserve Bank of Australia Governor Philip Lowe, Reuters reports.

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ForkLog 7 06.06.2022

Gold Coast mayor hints at accepting cryptocurrency for tax payments

The mayor of Gold Coast (Australia), Tom Tate, did not rule out that residents could pay taxes in digital assets in the future. This was reported by ABC News.

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ForkLog 11 06.06.2022

In Australia, artificial intelligence will be trained to recognise child abuse in photographs

The Australian Federal Police and Monash University have asked people to share pictures of children to train artificial intelligence to identify child abuse in photographs.

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ForkLog 8 20.05.2022

Australia’s largest bank delays crypto-trading rollout amid regulator uncertainty

Commonwealth Bank of Australia (CBA) has halted the second pilot program for cryptocurrency trading services for an indefinite period and closed access to the first, citing regulatory uncertainty, Cointelegraph reports.

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ForkLog 6 16.05.2022

Australia to tighten tax collection from crypto investors

The Australian Taxation Office (ATO) has included cryptocurrencies and NFTs in its 2022 priority list.

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ForkLog 6 11.04.2022

Three Australians Charged With Money Laundering Via Cryptocurrencies

In Australia, police arrested three men on suspicion of drug trafficking and money laundering via cryptocurrencies.

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ForkLog 21 24.03.2022

ANZ Bank launches A$DC stablecoin pegged to the Australian dollar

ANZ Bank, one of Australia’s four largest banks, announced the launch of a 1:1 Australian dollar–pegged stablecoin, A$DC, built on Ethereum. The Financial Review reports.

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