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Australia

Crypto industry body slams banking restrictions in Australia #1
14 Jun 23

Crypto industry body slams banking restrictions in Australia #1

Crypto industry body slams banking restrictions in Australia Amidst recent limitations imposed by Australian banks on cryptocurrency payments, key players within the blockchain industry are mobilizing to resist these constraints. Blockchain Australia, an industry organization, has voiced its opposition to the restrictions and expressed its determination to address the issue proactively with concrete data-driven strategies. […]
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crypto news kangaroo australia
18 May 23

Binance Australia suspends AUD deposits

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance Australia has hit a roadblock with Australian dollar (AUD) deposits following the withdrawal of support from its third-party payment provider.  Shortly after the announcement, Australian banking giant Westpac banned customers from making payments to Binance. Binance Australia announced that effective […]
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crypto news silver coins Australian flag background low poly style
12 Apr 23

Latitude data breach prompts call to outlaw ransom payments in Australia

Australia is pressured to outlaw paying cyber ransoms, especially with cryptocurrency, after a significant data breach hit Latitude Financial. It is the country’s most significant cyber attack to date, compromising sensitive information like driver’s license numbers, passports, and financial records. On March 16, Australian financial institution Latitude Financial announced it had been the victim of […]
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Australia cracks down on crypto scams, boosts regulatory team
03 Feb 23

1. Australia cracks down on crypto scams, boosts regulatory team

As part of a three-stage plan to regulate cryptocurrency and ensure proper risk disclosure from crypto companies and cryptocurrency and investment scams, the Australian government is strengthening its market regulator’s digital asset team. Australia cracks down on crypto scams, boosts regulatory team The new measures are intended to protect customers dealing with cryptocurrencies, according to […]
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