Australia

Posted by | December 7, 2023
AI regulations in global focus as EU approaches regulation deal

Concerns over the potential misuse of AI have prompted the U.S., U.K., China and the G7 to speed up regulation of the technology, but Europe is already ahead. 1099 Total...

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Posted by | November 30, 2023
Australia tries again to combat ‘future sectors’ crypto scams

The “Proposed Scams Code Framework” consultation paper aims to delegate clear roles and responsibilities to government and private entities when combatting scams. 594 Total views 12 Total shares A consultation...

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Posted by | November 28, 2023
TRM Labs Partners With Aussie Crypto Exchange Swyftx to Combat Scams

Blockchain analytics firm TRM Labs has partnered with Australian cryptocurrency exchange Swyftx in an effort to combat scams in the nation, an announcement on Monday said. The program will trial...

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Posted by | November 23, 2023
‘Strap yourselves in’ — Bull market coming early 2024, say crypto exchange heads

The market has already entered the first phase of a major rally, with the number of people buying crypto trickling upward which is expected to accelerate early next year, say...

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Posted by | November 23, 2023
Australia’s tax agency won’t clarify its confusing, ‘aggressive’ crypto rules

Australia’s tax regulator has been unable to clarify confusing aspects of its new guidance that suggests capital gains tax (CGT) is payable on a slate of everyday decentralized finance transactions....

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Posted by | November 14, 2023
Australia to impose capital gains tax on wrapped cryptocurrency tokens

Delivering a major hit to Australian crypto investors, the ATO stated that wrapping or unwrapping tokens — irrespective of their price at the time — will be subject to capital...

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australian-regulators-will-compel-businesses-to-report-cyberattacks:-report
Posted by | November 13, 2023
Australian regulators will compel businesses to report cyberattacks: Report

This obligation won’t be backed by a fine if the company fails to comply, and businesses will still be permitted to pay ransoms, though this is discouraged. 1247 Total views...

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Posted by | November 3, 2023
5 nations challenge crypto experts and investigators to target tax crimes

The J5 generates significant leads through events, which, in the past, has helped uncover multimillion-dollar crypto Ponzi schemes, such as the BitClub Network. 7069 Total views 9 Total shares The...

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crypto-exchanges-will-need-to-register-for-financial-services-license-under-new-australian-proposal
Posted by | October 17, 2023
Crypto Exchanges Will Need To Register for Financial Services License Under New Australian Proposal

The Australian government is floating a proposal that if implemented will require crypto exchanges to seek licensing from the country’s financial services and financial markets regulator to operate. According to...

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Posted by | October 16, 2023
Australia open to idea of CBDC as future of money — RBA

The assistant governor of the Reserve Bank of Australia noted that pilot projects have highlighted several key areas where CBDCs could be of great use. 1010 Total views 9 Total...

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