australia | ForkLog

ForkLog 10 18.10.2021

Australian police arrest alleged organisers of $62 million cryptocurrency money-laundering scheme

Victoria Police uncovered one of the country’s largest criminal syndicates, suspected of moving tens of millions of dollars offshore.

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ForkLog 8 15.10.2021

Australia’s fifth-largest pension fund weighs bitcoin investments

Queensland Investment Corporation (QIC), which manages retirement savings totaling A$92.4 billion ($69 billion), is weighing a plan for small investments in cryptocurrencies, according to the Financial Times.

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ForkLog 5 13.10.2021

Australia to tighten penalties for Bitcoin ransomware attackers

Hackers in Australia will face tougher criminal penalties and asset seizures for ransomware attacks by crypto-ransomware programs. The Australian reports.

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ForkLog 5 04.10.2021

Colin McRae’s legendary Subaru rally car sold for $362,970 in Bitcoin.

An anonymous bidder paid 500,000 AUD (~$362,970) in Bitcoin at an Australian auction for a classic Subaru WRX driven by rally champion Colin McRae. News.com.au reports.

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ForkLog 9 01.10.2021

Australia to regulate the cryptocurrency industry

By the end of October 2021, the Australian Senate committee studying cryptocurrency industry regulation will present regulatory recommendations. New South Wales senator and Liberal Party member Andrew Bragg said at the virtual NFT Fest event.

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ForkLog 7 21.09.2021

Binance to halt crypto-derivative trading for Australian clients

Binance warned that by December 23, 2021 it will wind down the ability to trade crypto-derivatives for Australian users. This was announced on the company's website.

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ForkLog 6 06.09.2021

BTC Markets to add financial services via Volt neobank

Australia's leading cryptocurrency exchange BTC Markets announced the addition of integrated banking services to its platform thanks to a partnership with licensed neobank Volt.

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ForkLog 8 30.08.2021

Former DigitalX chief named Binance Australia CEO

Former DigitalX CEO Leigh Travers becomes Binance Australia CEO.

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ForkLog 7 25.08.2021

Australians lose more than $25.7 million to Bitcoin scammers

Cryptocurrency-related financial fraud has surged in Australia. In the first half of 2021 alone, locals handed over $25.7 million to criminals.

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ForkLog 8 20.08.2021

Australian police seize country’s largest-ever cryptocurrency haul

Victoria Police, as part of an investigation into drug trafficking via the dark web, seized a record amount of cryptocurrency for the country. The Canberra Times reports.

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ForkLog 14 18.08.2021

Australian regulator warns investors against dealing with unlicensed firms

ASIC urged investors to exercise caution when investing in crypto-related financial products and to avoid dealing with unregistered companies.

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ForkLog 14 04.08.2021

Australian digital-asset exchange CoinJar launches Mastercard-backed cryptocurrency card.

Australia's largest digital assets exchange CoinJar has launched a cryptocurrency payment card. The company said this is the first such product in the country supported by Mastercard.

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