The Australian Department of Home Affairs stated that the country lacked the technical capabilities to implement a system that complies with the travel rule proposed
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‘Surveillance state’: Australian police given sweeping new hacking powers
Legislation dramatically expanding the hacking capabilities of Australian authorities investigating suspected cybercriminals has been passed through the country’s Senate.
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Australians lost over $25 million to bogus crypto investments: Report
Bitcoin-related investment scams have already exceeded $18.5 million, an increase of 44% compared to the total losses of nearly $12.8 million in 2020.
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Australia and Singapore conclude digital verification blockchain pilot
A nine-month blockchain initiative assessing the cost and time efficiency of the two countries’ digital verification systems has been deemed a success.
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Australian regulator issues warning about unlicensed crypto businesses
Based on the reports from Aussie investors, ASIC said that citizens have suffered significant losses due to “excessive leverage, platform outages, or unfair liquidations.”
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Australian crypto users will have access to tax reporting services through Crypto.com
Crypto holders in the United States, Canada, and now Australia can generate tax reports using the exchange.
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