Australia


Policy

Australia to Spend $575M on Tech Including Blockchain to Boost Pandemic Recovery

The investment comes as Australia attempts to make a recovery from the recession brought by the COVID-19 pandemic.

Australian Prime Minister Scott Morrison

Policy

Ex-Employee at Australian Science Agency Avoids Prison After Mining Crypto on Supercomputers

A former contractor for Australian science agency CSIRO was found to have mined around $7,000 in cryptocurrency.

(Nils Versemann/Shutterstock)

Tech

Australian University Finds Privacy Issues With Blockchain Technology

A research paper from the University of South Australia suggests blockchain technology needs to be refined so it can better protect privacy and the EU's "right to be forgotten."

(pogonici/Shutterstock)

Policy

Australian Financial Watchdog Bans Local BitConnect Promoter for 7 Years

The Australian man was banned from working in financial services by the Australian Securities and Investment Commission.

Sydney, Australia

Finance

Digital Bank Revolut Expands Crypto Buying and Selling Service to Australia

The U.K.-based fintech firm has opened its cryptocurrency services to Australian residents.

Revolut 3

Policy

Australian Payments Firm Sues Ripple for Use of PayID Trademark

NPPA, a major Australian financial services firm, is suing Ripple Labs over allegations of trademark infringement.

Ripple CEO Brad Garlinghouse

Policy

Australian Conman Extradited Over Alleged Fraud Involving $1.2M in Bitcoin

An Australian serial conman has been extradited to New South Wales to face fraud charges involving over $1 million in bitcoin.

Sydney, Australia

Policy

Australian Woman Jailed for Theft of More Than 100,000 XRP

The 25-year-old received a sentence of more than two years for the 2018 theft of XRP worth around $300,000 at the time.

Sydney, Australia

Markets

Blockchain-Based Trademark App Can Boost Australian Economy, Says Minister

On the news Australia’s rugby league is using a blockchain-based app to stop counterfeit goods, a government minister said the app could help grow the national economy.

Australia's national rugby team (Andrew Tallon/Wikimedia Commons)

Markets

Binance Australia Is Actually Run by an Entity Linked to TravelbyBit

CoinDesk has discovered Binance Australia is operated by InvestbyBit, a company that shares directors with tourist crypto payments provider, TravelbyBit.

Binance CEO Changpeng Zhao