Crypto laundering scheme exposed in Australia, resident faces charges
A 21-year-old Australian woman was arraigned in court Tuesday as part of an investigation into a major fraud ring that involved cryptocurrency money laundering.
Latest Australia News
Blockchain-powered tenancy deals coming soon to Queensland real estate
The Real Estate Institute of Queensland (REIQ) partnered with a local blockchain startup Igloo to develop a platform that will turn tenancy agreements to smart contracts.
ASX partners with VMware to help create its blockchain-based platform
The Australia Securities Exchange is hoping to build a better data sharing platform.
CommBank partners to develop biodiversity marketplace
The bank is looking to implement a blockchain system to protect the environment, with credits to offset environmental impact.
5 involved in $1.8M crypto scam nabbed in Australia
The five were charged following a lengthy cold call and investment fraud investigation that became known as “Operation Quebec Walnut.”
Australian bill to exclude crypto from new cash payment restrictions
The bill chose to exclude digital currencies because it felt they were too new and unregulated to restrict.
Aussie couple loses tens of thousands in cryptocurrency scam
An Australian couple has put their entire family into debt after falling for a BTC scam.
Three largest Australian banks joins IBM’s blockchain platform
Commonwealth Bank, ANZ and the Westpac Bank will test IBM’s blockchain on bank guarantees.
‘Crazy’ Australian tax laws hitting crypto traders hard
The state of Australian tax laws left one crypto owner facing a A$100,000 tax liability—despite only buying A$20,000 worth of cryptocurrency.
Own cryptocurrencies? Be prepared for the taxman cometh
Australia and several other major companies are making moves to get their cut of cryptocurrency profits.
Australian securities regulator updates guidance on crypto assets
The updated ASIC guidance spells out the legal obligations cryptocurrency firms must discharge to operate lawfully in Australia.
The time Dr. Craig Wright convinced Australia Bitcoin is money
Dr. Craig Wright didn’t believe a goods and services tax should apply to Bitcoin, so he came up with a plan.