australia crypto regulation

Jun

Australia needs digital assets regulation more than ever

Australians lost AU$113 million (US$81.5 million) to crypto investment scams in the first five months of 2022, according to new data from ScamWatch cited by consumer watchdog the Australian Competition and Consumer Commission (ACCC). The ACCC noted that most of the reported losses, which occurred in the January 1 to…

Apr

Blockchain Research

Australia’s evolving crypto landscape

The need for comprehensive regulation of decentralized virtual currencies in Australia is greater than ever as crypto ownership in the country steadily rises. New research by Roy Morgan shows that 1 million Australians aged 18 and up own at least one cryptocurrency with the average crypto investment in the country…

Oct

Blockchain Research

Australia might be warming to crypto

Australia may be reaching its crypto inflection point. Canberra has never repudiated crypto but nor has it embraced decentralized virtual currencies. However, as other countries in the Asia-Pacific region like Singapore and Japan step up their efforts to become crypto hubs, Australia is realizing that decentralized digital currencies offer it…

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australia crypto regulation