News
A Block Earner spokesperson told Coinpectra that ASIC's case against the firm has escalated to a “broader legal question” around the definition of a financial product.
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Australia News
The Commonwealth of Australia is the sixth largest country in the world and is the only one that occupies a whole continent. It also includes several islands. The state has a strong economy and its GDP per capita is bigger than that of Great Britain, Germany, etc. The growing popularity of Bitcoin hasn’t gone unnoticed in the country. In Australia, cryptocurrency is almost a legal form of payment, as the government is making efforts to give Bitcoin the status of either a national or foreign currency. In July 2017, the government cancelled a double tax for transactions with Bitcoin in Australia to provide a better cryptocurrency environment. In Australia, cryptocurrency exchange is possible with plenty of ATMs and online platforms.
- News
A judge’s ruling in a criminal case may pave the way for $640 million in tax refunds, challenging the Australian Tax Office’s long-held stance on crypto taxation.
55937 - News
The Australian Federal Police said it seized nearly 25 Bitcoin, a waterfront mansion and a Mercedes-Benz car it claimed could be tied to a 2013 crypto exchange hack.
9069 - News
Authorities in New Zealand arrested 13 people in a $265 million crypto fraud probe, with one Wellington man indicted under US racketeering laws.
5142 - News
Jason Titman, CEO of Swyftx, told Coinpectra that Andrew Charlton has a deep understanding of blockchain, coupled with a genuine belief in its potential to support the Australian economy.
2318 - Analysis
The crypto industry has called on Australia’s reelected government to make good on its promises and prioritize crypto legislation early in its new term.
2754 - Analysis
No matter who wins Saturday's election in Australia, crypto legislation developed with the industry is set to finally happen this year.
2485 - News
Australia’s financial intelligence agency AUSTRAC says it’s undertaking a blitz on dormant registered crypto exchanges to weed out scammers.
10813 - News
Australia’s financial regulator launched civil legal proceedings in November 2022, arguing Block Earner needed a financial services license to offer its crypto-linked fixed-yield earning products.
4850 - Analysis
Crypto firms worldwide state that debanking is still getting in the way of growth.
3974 - News
The Australian securities regulator’s application to close 95 “hydra” firms believed to be running crypto trading and romance scams has been approved by the Federal Court of Australia.
4332 - How to
To buy Bitcoin in Australia, you can use CEXs, DEXs, P2P platforms, Bitcoin ATMs or Bitcoin ETFs available on the stock exchange.
5269 - News
The Albanese-led government intends to release draft legislation in 2025 for public consultation and promised to work with Australia’s four largest banks to better understand de-banking.
30572 - News
The Australian Federal Police have sent a “blitz” of alerts to Australians targeted by a new text message crypto scam that can now completely spoof sender IDs.
25874 - News
Swyftx CEO Jason Titman says he expects to see many new opportunities emerging for the industry in the wake of positive crypto policy changes in the United States.
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