Australia

Australia regulator shuts down $19M digital currency scam
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9 November, 2021

Australia regulator shuts down $19M digital currency scam

ASIC has obtained court orders to shut down A One Multi Services, which it claims engaged in fraud and cashed...
Qoin token faces $100M class-action lawsuit over pyramid selling and fraud
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5 November, 2021

Qoin token faces $100M class-action lawsuit over pyramid selling and fraud

An Australian law firm accuses Qoin of conspiring to frustrate investors who attempted to trade their coin and lying over...
Australia digital currency industry keen on regulations, senator says
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4 November, 2021

Australia digital currency industry keen on regulations, senator says

Senator Andrew Bragg says that almost everyone he meets from the industry wants regulations weeks after his Senate Committee proposed...
Australian watchdog paves way for digital currency ETFs with new guidelines
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3 November, 2021

Australian watchdog paves way for digital currency ETFs with new guidelines

ASIC has introduced new licensing regulation to guide digital currency holders and companies seeking to issue tokens, offer investment products,...
Proposed Australian regulations target exchanges, DeFi, DAO and miners
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22 October, 2021

Proposed Australian regulations target exchanges, DeFi, DAO and miners

A Senate committee focused on fintech has recommended a complete overhaul of the regulatory process in Australia for the digital...
Australia’s new ransomware plan to allow freezing, seizure of digital currencies
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18 October, 2021

Australia’s new ransomware plan to allow freezing, seizure of digital currencies

The government of Australia has come up with a new plan to combat increasing ransomware attacks, including allowing seizure and...