Australia Financial News

05.09 / 16:13

Blockchain Police Bitcoin Australian Australian state police sets up crypto division to trace transactions

Law enforcement in Australia is working to boost cryptocurrency expertise and trace crypto transactions by setting up a dedicated police group.

02.09 / 12:41

crypto news crypto market Crypto.com Customer Crypto.com accidentally refunds over $7 million to customer owed $68

Crypto.com mistakenly issued a customer A$10.5 million ($7.2 million) rather than the expected A$100 ($68), media reports say. Seven months later, when the exchange finally discovered the error, some of the money had already gone, The Verge reported citing the Australian news outlet 7News as saying. The initial transfer occurred in May 2021. However, the exchange only realised the mistake when conducting an audit in December that year, the report said.

31.08 / 18:05

cryptocurrency Crypto.com A Big Mistake, And $10.5 Million In Australia Woman's Account; Crypto Firm Realises After 7 Months

A big mistake, And $10.5 million in Australia woman's account

31.08 / 10:33

Blockchain NFT Web3 Moon NOT Not quite to the moon: Aussies offered NFT that could send them to space

Australians may not ever see their nonfungible tokens (NFTs) take them “to the moon,” but they might be able to get to the next best place — the edge of space.

30.08 / 22:03

business Blockchain Crypto.com accidentally transfered $10.5M to client instead of $100 refund

According to local news outlet 7News, two Melbourne women, Manivel Thevamanogari and her sister Gangadory Thevamanogari, received an AUD$10.5 million deposit from Singaporean crypto exchange Crypto.com after the latter made an error in issuing an AUD$100 refund. Instead of the refund amount, an employee allegedly typed an account number in the payment section, resulting in an erroneous transfer to their bank account.

30.08 / 18:13

Legal banking Crypto.com Australian Crypto.com Mistakenly Wired Its Australian User USD 10.5M

30.08 / 14:45

business Investments Bitcoin Singapore state investor leads $100M round for crypto firm Animoca: Report

The venture capital market of the cryptocurrency industry is holding strong despite the crypto winter as major government-linked firms reportedly continue betting on big industry players.

30.08 / 09:13

business Blockchain Binance Binance Aus ramping up measures to protect vulnerable users, says CEO

Binance Australia is tightening up its onboarding process for new users as part of a push to protect users it's flagged as most vulnerable to financial crypto crime.

29.08 / 23:23

Adoption regulation Australian Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22-29

Australia’s financial regulator, Securities and Investments Commission (ASIC), has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years. The regulator intends to focus on “digitally enabled misconducts” and to protect investors “from harms posed by crypto-assets.” Given the ASIC’s history of anti-crypto sentiments, such an announcement could be perceived as hostile, but at least it contains a promise to implement some regulatory framework that is still absent.

29.08 / 20:03

Twitter Digital Man Platform Future The Rise of the SELFi3S™: The Evolution and Disruptive Future of the Selfie

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

29.08 / 16:37

Bitcoin Headlines South African rugby icon Siya Kolisi headlines new crypto advertising campaign

National rugby captain Siya Kolisi will spearhead a two-year educational cryptocurrency advertising campaign in South Africa.

26.08 / 22:41

FIVE CEO coinbase Enterprise Zipmex requests meetings with Thai Authorities, investors to discuss…

Cryptocurrency exchange Zipmex has requested meetings with the Securities Exchange Commission (SEC) and other concerned authorities in Thailand, Bloombergreported. Potential investors are also expected to attend these meetings as the exchange begins to execute a fund-raising plan.

24.08 / 10:03

business Government regulation Australia's markets regulator to prioritize shielding citizens from crypto harm

Australia’s financial regulator, Australia's Securities and Investments Commission (ASIC) has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years.

24.08 / 08:57

business Adoption Gambling Australia’s Northern Territory mulls landmark crypto gambling regulation

Australia’s Northern Territory Racing Commission (NTRC) is consulting with its gambling licensees over a tentative proposal to incorporate crypto wagering as part of the regulated gambling industry.

23.08 / 17:59

business Government Asia Malaysian regulators add Huobi to investor alert list

The Securities Commission (SC) of Malaysia issued a statement on Monday regarding Huobi's operations in the country. According to the statement, the crypto exchange is now on the SC’s Investor Alert List.

23.08 / 07:17

Ethereum cryptocurrency Bitcoin Cryptocurrency Prices Today August 23: Bitcoin, Ethereum trade in red; Polkadot biggest loser

Major cryptocurrencies traded in the red early on August 23. The global crypto market cap was $1.03 trillion, which is a 0.01 percent increase over the last day.

23.08 / 03:51

Provident Digital Australia set to take its first steps towards crypto-regulations

Australia is starting to examine its domestic cryptocurrency holdings to better understand and regulate the sector.

22.08 / 14:31

cryptocurrency Australia Embarks On Crypto Stocktake Ahead Of Regulation

Australia would be the first country in the world to conduct such an exercise.

22.08 / 13:17

UPS Provident Digital Australia Announces 'Token Swap' Campaign to Accelerate Crypto Regulation

Australian federal government willimplement a «token mapping» exercise to inform future regulation of the country's crypto assets, laying the groundwork for «determining how crypto assets and related services should be regulated,» according to Bloomberg.

22.08 / 11:33

Adoption regulation Taxes Crypto tax can wait, free coins can't: S. Korea mulls 'gift tax' for airdrops

The South Korean Ministry of Strategy and Finance on Monday cleared that virtual asset airdrops, staking rewards and hard forked tokens would be subject to a "gift tax" under the Inheritance and Gift Tax Act despite the postponement of crypto gains tax to 2025.

22.08 / 05:47

business Government Senate Australia's new government finally signals its crypto regulation stance

Three months after being elected into power, the Australian Labor party has finally broken its silence on how it's planning to approach crypto regulation.

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