Wed, September 16

New Australian Government Opens Up on Crypto Regulations

The token mapping effort aims to be completed by the end of the year. The Treasury will also begin working on some of the other recommendations soon. The Australian Labor Party (ALP) has finally spoken out on its plans for crypto legislation three months after coming into office.”Australia as a

August 22, 2022 2 mins read

Prominent Australian Exchange ‘Swyftx’ Lays off 21% Workforce

The crypto exchange announced in June that they will be combining with Superhero. Swyftx is the latest cryptocurrency company to experience growing pains. To combat the present bear market, Australian cryptocurrency exchange Swyftx has been compelled to lay off 21% of its workforce. Co-CEOs Alex Harper and Ryan Parsons sent

August 20, 2022 1 min read

Victorian Police Now Have the Power to Seize Cryptocurrency Wallets

Police in Victoria will be able to recover cryptocurrencies from criminals. New rules will give Victorian police greater power to identify cyber scammers. As per the reports, the Victorian Police in Australia will shortly receive the power to seize cryptocurrency wallets and digital assets from cyber criminals, under the newly

August 4, 2022 2 mins read

Gemini to Safeguard Australia’s First Unlisted Crypto Fund

The recent tie-up will introduce Australian unlisted retail BTC, ETH, and FIL funds.  Gemini would manage the three funds and will offer custodial services. The Sydney-based venture capital firm and Web 3.0 data storage provider, Holon Global Investments, recently announced a collaboration with the US cryptocurrency exchange platform, Gemini. According

July 29, 2022 2 mins read

RBA Governor Philip Lowe Upholds Famous ‘Fiat Over Crypto’ Opinion

The RBA Governor says that the crypto did not have currency characteristics. RBA was investigating how the private-sector-issued tokens could work. According to Reserve Bank of Australia (RBA) Governor, Philip Lowe, the private sector will probably develop a successful stablecoin linked to official currencies rather than government bodies. In a

July 18, 2022 2 mins read

BTC Markets Got Financial Services License

ISO has certified BTC Markets for information security management. BTC Markets has become an authorized representative. BTC Markets, a cryptocurrency exchange operating in Australia has become the country’s first crypto firm to be issued a financial services license. JUST IN: 🇦🇺 BTC Markets has become Australia’s first #crypto exchange to

June 21, 2022 1 min read

3iQ Launched Bitcoin and Ethereum ETFs With Low Fees Structure

3iQ is waiving the management cost for three months. Both ETFs are available in Australian dollars for the purchase. On Tuesday, 3iQ Canada’s first and largest virtual asset investment fund manager, launched two cryptocurrency exchange-traded funds (ETFs) in Australia with the lowest fee structure.  #3iQ is the Latest #Crypto #ETF

June 7, 2022 1 min read

1 Million Surplus Australians Own Cryptocurrencies as per Recent Survey

Participants over 35 were less inclined to invest in digital assets. Australians between 18 and 24 are more willing to invest in cryptocurrencies. Cryptocurrency adoption and investment across the globe are on the rise, with many countries legalizing crypto in recent times. Over one million Australians currently possess cryptocurrencies, including

April 15, 2022 2 mins read

OTR – Australia’s Chain of Convenience Store and Petrol Stations to Accept Crypto

Payments will be settled through a service provided by Crypto.com. Point of sale terminals from Datamesh, a Sydney-based payment systems supplier. At 170 locations in South Australia and Victoria, On The Run (OTR), Australia’s largest chain of convenience stores and petrol stations, will begin accepting cryptocurrency payments shortly. So, in

April 4, 2022 1 min read

Australia’s Largest Airline Qantas Announces NFT Collection for Flyers

The launch is expected for mid-2022, according to the release. Additional perks will be given out in addition to Qantas Points. It wasn’t until last year that the notion of NFTs became widely known, even though it has been around since 2014. In a similar way to DeFi, NFTs are

March 23, 2022 1 min read