Australia

CoinFlash

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."

Tech  ·  10 September 2020
CoinFlash

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.

Policy & regulation  ·  7 September 2020
Exchanges

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.

Business  ·  3 September 2020
CoinFlash

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.

Policy & regulation  ·  26 August 2020
CoinFlash

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.

Policy & regulation  ·  25 August 2020
CoinFlash

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.

Policy & regulation  ·  11 August 2020
CoinFlash

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.

News  ·  10 August 2020
CoinFlash

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.

Markets  ·  29 July 2020
CoinFlash

Australian Crypto Exchanges Partner With Koinly to Simplify Tax Reporting for Users

With tax reports for crypto transactions being complex and time-consuming to prepare, Koinly said its service automates the process in just minutes.

Policy & regulation  ·  29 July 2020
CoinFlash

Australian State Treasury Proposes ‘Flexible’ Regulatory Reform for Blockchain

The New South Wales Treasury is exploring regulatory reform for blockchain technology citing the need to promote innovation.

Policy & regulation  ·  28 July 2020
CoinFlash

Binance’s Fiat-Gateway Partner Banxa Expanding to US

Banxa plans to leverage custody and settlement infrastructure from exchange platform Zero Hash.

Business  ·  24 July 2020
Australia

Australian Payment Card Company to Trial Micropayments Using Hedera Hashgraph

Eftpos Australia is using Hedera Hashgraph to trial a micropayments system that could rival traditional online methods.

Business  ·  22 July 2020
Australia

Google, Twitter and Facebook Face $600M Lawsuit Over Crypto Ad Bans

The corporate giants could soon face the wrath of cryptocurrency business owners in a lawsuit over the banning of crypto advertising in 2018.

Policy & regulation  ·  22 July 2020
Australia

ASX Under Pressure to Further Delay Rollout of DLT Settlement System

The blockchain-based clearing and settlement system from Australia's biggest stock exchange faces further delays if unhappy firms get their way.

Business  ·  30 June 2020
Exchanges

Australia Post Now Lets Customers Pay for Bitcoin at Over 3,500 Outlets

The Australian postal service has confirmed it is partnering with Bitcoin.com.au to let customers pay for cryptocurrencies at its stores across the country.

Business  ·  26 June 2020