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Bitcoin Will Eventually Be Transacted More Than Fiat Currency, Say 35% of Australians Surveyed
14.7.2021
A new survey finds that 35% of Australians believe bitcoin will eventually be transacted more than fiat currency. Almost the same number of respondents believe that bitcoin “has a significant role to play in the future of currency.” Comparison platform Finder published Tuesday...
Australian SMEs Catching Crypto Wave While An ETF In Works
13.7.2021
An increasing number of Australian small and medium-sized enterprises (SMEs), even accounting firms, are investing in cryptoassets, following examples of Tesla and MicroStrategy, according to local crypto exchange Swyftx.
Over the past year, Swyft’x customer base has grown from around 15,000 users...
Australian government awards $4M in grants to two blockchain startups
13.7.2021
The new investment aims to explore blockchain’s capability to expand the competitiveness of Australia’s critical minerals and food and beverage industries
Australian online broker SelfWealth to offer crypto trading
12.7.2021
SelfWealth’s move into crypto investment falls in line with the company’s efforts to shift from a pure share trading platform to a “wealth creation platform”
Australian Regulator Seeks Advice on Crypto-Related Assets
2.7.2021
The Australian Securities and Investments Commission (ASIC) recently opened a consultation for establishing methods and best practices for regulating crypto assets. The consultation paper seeks guidance on which crypto-assets should qualify as underlying assets, and how to make this determination....
Australian regulators seek public input on crypto ETPs
30.6.2021
The Australia Securities and Investments Commission has indicated that Bitcoin and Ether are the only two crypto assets likely to meet its evolving criteria for a regulated crypto ETP
Lloyds Auctions Australia Sells a Pricey Caravan for Cryptocurrency
23.6.2021
Australia’s Lloyds Auctions now accepts major cryptocurrencies for any of the items offered on its marketplace. Within hours of the announcement, the auction house managed to sell an expensive caravan (camper/trailer) to a bidder who was happy to pay the full price with digital coins....
Australian Convention Under Fire After Vendor Sells Fascist Merchandise
22.6.2021
Fans are threatening to boycott the Supanova pop-culture convention, where a vendor openly displayed fascist flags and merchandise at Supanova’s most recent Sydney show. Read more
Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals
8.6.2021
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians fall victim to fraudulent schemes involving cryptocurrency, bank transfers remain the scammers’ favorite...
Two-Fifths of Australian Millennials Prefer Crypto Investments Over Real Estate
7.6.2021
A report published by the cryptocurrency exchange Kraken shows that two-fifths of Australian millennials prefer to invest in cryptocurrency assets over real estate. The survey shows that a number of Australians are losing faith in traditional assets like gold, stocks, and real estate....
Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains
29.5.2021
Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back into dollars, the tax office is going to prompt hundreds of thousands of taxpayers...
Every Fourth Australian Willing to Be Paid in Bitcoin, Poll Finds
29.5.2021
A new survey has established that one in four Australians would like to receive at least part of their salary in cryptocurrency. While the motives vary between the members of this diverse group, the results indicate that the Australian nation’s overall interest in decentralized digital money...
Australian tax office: Report crypto profits or else
28.5.2021
The ATO said it already knows who is invested in cryptocurrencies and expects cooperation
Australian Senator Says Cryptocurrency Is Not a Fad — Government Won’t Stand in the Way
20.5.2021
Australian Senator and Minister of Financial Services Jane Hume said that “cryptocurrency is not a fad. It is an asset class that will grow in importance.” She emphasized that the government won’t stand in the way of crypto investing. “We have to let people make their...
New Australian Islamic finance DeFi platform is ‘guided by Sharia’
14.5.2021
Islamic finance is not always compatible with DeFi's focus on risk and yield. A new platform aims to blend the best of both
Australian Crypto ETF, Digital Dollar Pilots, MetaMask Phishing Bot + More News
3.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
The Australian Securities Exchange is reviewing a number of applications for a cryptocurrency-based exchange-traded fund (ETF)...
Australian senate committee calls for national blockchain land registry
30.4.2021
Australia’s senate committee on technology and finance wants lawmakers to establish a national blockchain land registry
Expert panel divided over best way to achieve diversity in crypto sector
23.4.2021
Experts are divided over ways to balance diversity in crypto, with Rupert Colchester of IBM noting that teams should be “built right” from the ground up
Despite scams, Australian securities regulator keen to support crypto industry
22.4.2021
The Australian Securities and Investments Commission wants to support the local cryptocurrency industry, despite receiving large numbers of reports about crypto scams
Eftpos reveals plans to power Australian smart cities with blockchain tech
20.4.2021
Eftpos revealed its plans to use distributed ledger technology to power smart cities and self-driving vehicles during the Australian Blockchain Week conference