Australia


Web3

Animoca-Backed Game Wallet Wars Delegates Release Decision to DAO Vote

Wallet Wars’ rallying cry is inspired by a scene in the TV series The Simpsons.

Image of Wallet Wars Game (Wallet Wars, Balthazar Team)

Finance

Crypto VC C1 With Coinbase Lineage Eyes Acquisition in Australia: Report

Australia has taken a cautious approach to the larger crypto industry ever since the collapse of FTX.

investment, hedge fund

Policy

TRM Labs Partners With Aussie Crypto Exchange Swyftx to Combat Scams

The program will trial an apparent global first in which Aussie crypto users who activate two-factor authentication on their cryptocurrency accounts will be paid AUD $10 worth of Bitcoin.

Security (Jarmoluk/Pixabay)

Policy

Australia Updates Its Capital Gains Tax Guidance to Include Wrapped Tokens and DeFi

Last year, the Australian Taxation Office (ATO) warned cryptocurrency investors that capital gains and losses must be reported every time a digital asset is sold.

Australia's government is taking a deliberate approach toward creating crypto laws. (Unsplash)

Finance

Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia

At its annual conference, Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.

Ripple (Jesse Hamilton/CoinDesk)

Videos

Australia to Release Draft Legislation for Crypto Exchanges in 2024; Is Binance Too Big to Fail?

Host Angie Lau breaks down the latest developments in crypto legislation around the world as Australia proposes a move towards a clear regulatory framework for digital asset platforms. Plus, a deep dive into crypto exchange Binance's ongoing legal battle. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

Forkast IQ

Policy

Australia Proposes New Licensing Regime for Crypto Exchanges, Aims for Draft Legislation by 2024

The timeline indicates it could take till 2025 for an Australian digital asset platform to receive a licence under the freshly proposed regime.

Australia's government is taking a deliberate approach toward creating crypto laws. (Unsplash)

Finance

Australian Man Who Spent $6.7M Erroneous Crypto.com Refund Faces Theft Charges, Guardian Reports

Jatinder Singh and his partner bought four houses, cars, artwork and other luxurious items with money they received due to an accounting error by Crypto.com, according to the Guardian.

Australian dollars (Squirrel photos/Pixabay)

Policy

Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg

Bragg said the Labor government had put regulating crypto in the slow lane.

Australia's government is taking a deliberate approach toward creating crypto laws. (Unsplash)

Videos

Australia's CBDC Pilot Shows 'Path Forward' for a Tokenized Economy: Canvas CEO

Australia won't be introducing a CBDC for some years, according to a new report from the country's central bank. David Lavecky, CEO and co-founder of fintech firm CANVAS, which facilitated the first-ever foreign exchange transaction using an Australian Central Bank Digital Currency, shares insights into Australia's eAUD pilot. "It's really shown that there is a path forward tokenizing the economy and having a ecosystem of both CBDCs and privately-issued stablecoins," Lavecky said.

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