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Australia

Australian stock exchange officially scraps plans for blockchain settlement
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24 May, 2023

Australian stock exchange officially scraps plans for blockchain settlement

ASX has been delaying and postponing its blockchain plans for months and in its recent meeting, it officially discarded the...
Revolut wants to become the primary financial app for Australians
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21 May, 2023

Revolut wants to become the primary financial app for Australians

Revolut Australia’s primary objective in offering international payments-focused business accounts is to become the primary financial app for Australian residents,...
Australia records first FX transaction with CBDCs as trial gathers steam
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20 May, 2023

Australia records first FX transaction with CBDCs as trial gathers steam

Blockchain infrastructure provider Canvas broke the news on May 17, noting that two digital asset fund managers, DigitalX and TAF...
Binance loses Aussie on-ramp as Westpac Bank bans transacting with exchange
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19 May, 2023

Binance loses Aussie on-ramp as Westpac Bank bans transacting with exchange

Binance Australia abruptly announced that it was "unable to facilitate PayID AUD deposits for Binance users" because of a decision...
Australians lost $150M to digital assets scams in 2022
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19 April, 2023

Australians lost $150M to digital assets scams in 2022

A recent report by the ACCC revealed that scammers swindled $2.1 billion in 2022—a new record—with investment scams accounting for...
Australia weighs banning ransomware payments amid hike in attacks
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14 April, 2023

Australia weighs banning ransomware payments amid hike in attacks

Australia is considering a proposal to ban ransomware payments which some experts claim would disincentivize the hackers in the wake...
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