Australia

Australia Fintech Hub Status Solidifies Further with Planned Crypto Law Overhaul

September 23, 2024

Australia is taking decisive steps to cement its status as a leading global fintech hub by preparing a regulatory overhaul for the crypto industry. The Australian Securities and Investments Commission (ASIC) is set to release updated guidance within two months requiring many crypto asset

Policy·Regulation·Road 2 Crypto·Security·Technology

Australians Lose $180 Million to Crypto Scams in a Year, Says Federal Police

August 28, 2024

The Australian Federal Police (AFP) issued a significant alert on Wednesday, disclosing that Australians have lost a minimum of $180 million to cryptocurrency investment scams over the past year. According to the AFP data, individuals under the age of 50 are the ones most targeted, surpassing older Australians. New data from the Australian Cyber Security

September 4, 2024

Bitcoin ATM Scams Surge, Targeting Older Adults With Fraudulent Schemes

A troubling trend has emerged as fraudsters utilize Bitcoin ATMs to perpetrate

August 30, 2024

Australia Becomes Third-Largest Market for Crypto ATMs Amid Money Laundering Concerns

Australia has seen a nearly 17% increase in crypto ATMs over the

Bitcoin·Regulation·Security

Former Mine Digital CEO Charged with Fraud Over Missing Bitcoin Funds

Grant Colthup, the former CEO of Australian cryptocurrency exchange Mine Digital, has been charged with fraud after allegedly misappropriating a customer’s $1.47

October 22, 2024