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Australia Sponsors Two Blockchain Pilot Projects for AU$5.6M

Australia Sponsors Two Blockchain Pilot Projects for AU$5.6M

The Australian government has allocated more than 5.6 million Australian dollars to support two domestic blockchain pilot projects, enhancing the domestic productivity and competitiveness of the Minerals and Food and Beverage sectors.

Australia’s Financial Regulator Issues First Regulatory Roadmap for Crypto Assets

Australia’s Financial Regulator Issues First Regulatory Roadmap for Crypto Assets

The Australian Prudential Regulation Authority admitted that although the crypto sector is small, its rapid growth poses risks in the future if it remains unregulated.

Seychelles Crypto Exchange OKX to Expand Services to Australia

Seychelles Crypto Exchange OKX to Expand Services to Australia

OKX, the Seychelles-based crypto exchange, plans to expand its services to Australia due to the country's strong uptake of cryptocurrency. The exchange sees Australia as an essential part of its growth strategy and intends to build a strong local office.

ACC Sues Meta Alleging Scam Crypto Ads

ACC Sues Meta Alleging Scam Crypto Ads

Australia’s competition watchdog sued Meta Friday, alleging scam advertisement of cryptocurrency investments by asking local celebrities to promote them on its social media platform.

Reserve Bank of Australia Rolls Out CBDC Pilot Project

Reserve Bank of Australia Rolls Out CBDC Pilot Project

The Reserve Bank of Australia (RBA) has launched a year-long trial to explore a central bank digital currency's (CBDC) business models and innovative use cases.

Four Countries to Conduct Cross Border CBDC Payment Trials

Four Countries to Conduct Cross Border CBDC Payment Trials

The Bank for International Settlements (BIS) has joined forces with the central banks of South Africa, Malaysia, Singapore, and Australia to kick start a project dubbed Dunbar aimed at testing the use CBDCs in cross border payments.

Shiba Inu Prepares NFT Crypto Game Shiba Eternity’s Last Pilot Test in Australia

Shiba Inu Prepares NFT Crypto Game Shiba Eternity’s Last Pilot Test in Australia

The first testing of Shiba Eternity took place in Vietnam, where in the recent past Axie Infinity, a blockchain-based play-to-earn game, exploded as a viable source of income among users.

Australia's Government is Bolstering Its Market Regulator's Digital Asset

Australia's Government is Bolstering Its Market Regulator's Digital Asset

The new Australian government has devised a "multi-stage strategy" to combat cryptocurrency frauds, safeguard consumers, and increase enforcement.

Australias Commonwealth Bank Halts Crypto Rollout

Australias Commonwealth Bank Halts Crypto Rollout

CBA conducted an initial pilot but paused the project with no time set when the second pilot would take place.

Australian Online Neobank Volt has Partnered with Crypto Exchange BTC Markets to Provide Bank Service

Australian Online Neobank Volt has Partnered with Crypto Exchange BTC Markets to Provide Bank Service

Australian online bank Neobank Volt revealed that it has partnered with crypto exchange BTC Markets (BTCM) to provide bank services for Australian crypto investors.

Australian Top Bank Commonwealth Bank to Offer Cryptocurrency Trading for Retail Customers

Australian Top Bank Commonwealth Bank to Offer Cryptocurrency Trading for Retail Customers

The largest bank in Australia – Commonwealth Bank of Australia (CBA) – is set to develop a platform that allows its customers to trade cryptocurrencies.

Australian Bitcoin ATMs Demonstrate Lightning Network

Australian Bitcoin ATMs Demonstrate Lightning Network

Coolangatta has its first Lightning Network-enabled Bitcoin ATM. Bitcoin Lightning ATMs operate like regular Bitcoin ATMs but faster. Crypto ATMs number 38,602, with 6,071 added in 2022.

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