Australia

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...
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...
ANZ, Grollo team up to complete CBDC use case scenario in carbon credit trading
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13 April, 2023

ANZ, Grollo team up to complete CBDC use case scenario in carbon credit trading

The latest development now allows the trading of tokens on publicly distributed ledgers in real-time, which was made possible by...
Australian senator pushes new bill for digital currency regulation
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3 April, 2023

Australian senator pushes new bill for digital currency regulation

If passed into law, the bill introduced by Sen. Andrew Bragg will require all virtual asset service providers to obtain...
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