Australia Financial News

17.05 / 17:11
Binance Ripple XRP SEC Action Bitcoin Crypto Conferences Scale Back
The crypto winter has been long and harsh, and as a result, crypto conferences are toning down the lavishness. Attendees are no longer interested in DJs and parties; they want to focus on discussing regulation and tax issues. Tiffany Fong, a popular crypto vlogger, attended her first crypto conference this year and observed that attendees were more interested in asking intelligent questions and discussing regulatory issues, rather than enjoying the extravagances of past events.
17.05 / 13:45
Provident Ripple XRP SEC CEO Fighting Harmonic Ripple buys crypto custody provider Metaco
The acquisition marks Ripple's first foray into a growing institutional crypto custody market that the firm says could hit $10 trillion by 2030. Metaco's main offering, Harmonize, has been chosen by major global custodians, top-tier banks such as Societe Generale, and corporates.
12.05 / 14:13
Dogecoin markets Altcoin Altcoin Watch Tech Analysis Pepecoin What is Pepecoin and can it flip memecoins Dogecoin and Shiba Inu?
The market valuation of Pepecoin (PEPE) has dropped by 65% as of May 12, a week after its record high of $1.54 billion.
10.05 / 03:33
Adoption Binance XRP SEC Bitcoin events Bear market pushes crypto events to cut fluff, prioritize discourse
The extended crypto winter has pushed crypto event organizers to tone down on the lavishness, allowing attendees to focus on asking more “intelligent questions” about regulation and tax.
08.05 / 12:51
business Government Blockchain Tencent Backed collapses Tencent-backed Everledger collapses amid lack of funding: Report
The Australian blockchain company Everledger has reportedly entered insolvency proceedings after failing to raise new funding from an undisclosed investor.
05.05 / 10:01
Target Australia, Spooked by Inflation, Resumes Raising Interest Rates
SYDNEY—The Reserve Bank of Australia surprised financial markets by raising interest rates a month after pausing to assess the impact of earlier tightening on the economy, illustrating how central banks are wary of declaring victory over inflation.
04.05 / 12:31
Target Australia, Spooked by Inflation, Resumes Raising Interest Rates
SYDNEY—The Reserve Bank of Australia surprised financial markets by raising interest rates a month after pausing to assess the impact of earlier tightening on the economy, illustrating how central banks are wary of declaring victory over inflation.
03.05 / 18:15
Target Australia, Spooked by Inflation, Resumes Raising Interest Rates
SYDNEY—The Reserve Bank of Australia surprised financial markets by raising interest rates a month after pausing to assess the impact of earlier tightening on the economy, illustrating how central banks are wary of declaring victory over inflation.
02.05 / 18:35
Target Australia, Spooked by Inflation, Resumes Raising Interest Rates
SYDNEY—The Reserve Bank of Australia surprised financial markets by raising interest rates a month after pausing to assess the impact of earlier tightening on the economy, illustrating how central banks are wary of declaring victory over inflation.
02.05 / 06:19
Target Australia, Spooked by Inflation, Resumes Raising Interest Rates
SYDNEY—The Reserve Bank of Australia surprised financial markets by raising interest rates a month after pausing to assess the impact of earlier tightening on the economy, illustrating how central banks are wary of declaring victory over inflation.
02.05 / 04:53
business SEC coinbase us government expansion Aussie crypto exchange kicks off US expansion despite ‘regulatory risk’
Australian crypto exchange Coinjar is seeking to put its boots on the ground in the United States, with its CEO seemingly unfazed by the market's “regulatory risk."
28.04 / 15:11
Where crypto can grow: Digital asset regulations around the world
As cryptocurrencies continue to become a bigger part of the global economy, more and more governments are exploring ways to regulate the industry and construct rules for firms operating in the space.
26.04 / 04:23
Banks banking Bank of America Bitcoin Bitcoin Price Bitcoin price jumps in the wake of First Republic Bank crash
The price of Bitcoin (BTC) spiked more than 3% in the last 24 hours as fears were sparked of another possible imminent bank failure as First Republic Bank (FRC) shares closed down more than 50% on April 25.
24.04 / 14:53
Adoption Binance education ChatGPT Binance integrates ChatGPT into the Web3 Academy
The artificial intelligence (AI) chatbot ChatGPT took the world by storm after its latest release in late November 2022. While initial reactions included much opposition to the technology, the technology continues to witness growing implementations. 
20.04 / 10:59
Blockchain Digital JPMorgan Platform ANZ EUR SocGen digital asset unit launches EUR stablecoin
The bank has made a request to a "leading independent credit rating agency" to assign a credit rating to the EUR CoinVertible. The firm says it intends to work with digital asset exchanges and trusted third-party platforms to have the EUR CoinVertible stablecoin listed in the coming months.Jean-Marc Stenger, chief executive officer at SG-Forge says: “Digital assets with stabilisation mechanisms - i.e.
20.04 / 08:51
Australia Plots Biggest Shake-Up of Central Bank in Decades
SYDNEY—Australia said it would make broad changes to how its central bank operates, in a move that will weaken the governor’s influence over key decisions including interest rates.
19.04 / 10:03
FTX FTX US Fried Sam FTX Exchange's Revival Plan Attracts Potential Bid from Tribe Capital – Will Sam Bankman-Fried Be Involved?
An effort to revive collapsed crypto exchange FTX has drawn interest from Tribe Capital, a venture firm seeking to lead a $250 million fundraising campaign for the new platform. 
19.04 / 09:33
Adoption Asia ATM CoinATMRadar Bitcoin Australia installs more Bitcoin ATMs than whole of Asia
Australia, the country that hosts the third-largest network of Bitcoin (BTC) ATMs, surpassed the continent of Asia in terms of the total number of crypto ATMs installed.
18.04 / 20:53
business Blockchain Technology Investments Web3 FTX Bankrupt crypto Tribe Capital considers reviving bankrupt crypto exchange FTX: Report
Tribe Capital, the San Francisco-based venture capital firm that previously invested in FTX before its collapse, is exploring the possibility of injecting new capital to revive the bankrupt cryptocurrency exchange, Bloomberg reported on April 18.
18.04 / 02:33
regulation Investments Scams cryptocurrency investment Bitcoin Scams Press Release Crypto scams Lost Australian Australian Crypto Australian crypto scams increased by over 162% with nearly $150M lost
Australians lost $148.3 million (AUD$221.3 million) from investment scams where cryptocurrency was used as the payment method in 2022 — a 162.4% increase from 2021.

latest developments in Australia

What is the current situation in Australia?

In Australia, the spotlight is on major events that impact the interests of residents.

Where can I find reliable news about Australia?

We publish reliable reports about the situation in Australia, based on information from regional journalists.

What shapes the media agenda in Australia?

The news landscape of Australia is shaped by key decisions by local authorities, reflecting its local way of life.