The three-day BSV Global Blockchain Convention gathered blockchain leaders and digital assets experts joined by more than 1,000 attendees and 100 participating businesses worldwide.
The letter, titled "Crypto-assets: Risk management expectations and policy roadmap," set out APRA's initial risk management expectations and a policy roadmap for the digital asset industry.
AUSTRAC said that the digital assets use in criminal activities is increasing revealing that in 2020-21, 500 ransomware attacks were reported, marking a 15% increase from the previous fiscal year.
The ASIC has released a new information sheet that restricts the kind of information that influencers can distribute, and it could wipe out an entire industry.
The Australian Competition & Consumer Commission has taken federal level court action against Meta, alleging that the tech company is engaging in misleading and deceptive conduct over its publishing of scam advertisements.
The Australian Competition and Consumer Commission alleges Meta either knew the ads were misleading or assisted the scammers in attracting their target audience, while benefiting from placement revenue.
Australian mining magnate Dr. Andrew Forrest is accusing the social network giant of being "criminally reckless" and knowingly profiting from illegal scam advertisements that used his image.
Self-managed super funds (SMSFs) are the only way that Aussies can invest in digital assets, but the ASIC is concerned that clueless investors in SMSFs are being taken advantage of.
Greg Dwyer has been charged alongside BitMEX founders Arthur Hayes, Ben Delo, and Samuel Reed, who have already surrendered to U.S. authorities and stand to face up to five years behind bars.
The Australian Treasury minister revealed that the government is working on new regulations for digital currencies and is looking into developing a central bank digital currency with the Reserve Bank.
A senior executive at the Reserve Bank of Australia tore into digital currencies in a recent speech, saying that CBDCs and regulated stablecoins will end them.
ASIC has obtained court orders to shut down A One Multi Services, which it claims engaged in fraud and cashed out some of the funds into digital currencies.
