Browsing Tag
Australia
81 posts
Australia intensifies crypto ATM oversight to curb money laundering risks
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has intensified efforts to enforce Anti-Money Laundering and Counter-Terrorist Financing…
AFP Decodes Seed Phrase, Seizes $9.3M in Crypto from Ghost Mastermind
The Australian Federal Police-led Criminal Assets Confiscation Taskforce (CACT) has successfully seized $9.3 million in cryptocurrency as part…
Australia sees greater benefits in wholesale CBDC, limits retail interest
Australia’s central bank has announced a shift toward wholesale CBDC development, citing greater economic benefits and fewer challenges…
Crypto payments platform MoonPay secures Australian registration
MoonPay has registered with Australia’s regulator to provide crypto exchange services, enabling local payment methods like Osko and…
Aussies Lose $122 Million to Crypto Scams, With Younger Victims Now Leading
Australians reportedly lost at least AUD 180 million (approximately $122 million) to cryptocurrency investment frauds over the past…
Crypto ATMs Process $160M in Illicit Funds Since 2019, Says TRM Labs
In a concerning trend, TRM Labs found that illicit activity at crypto ATMs is significantly higher than in…
Australia’s regulator wins case against Kraken’s local operator
Australia’s Federal Court ruled against Kraken’s local operator for failing to comply with legal obligations when offering a…
Australia’s ASIC takes down over 600 crypto scam websites in yearlong operation
Australia’s securities regulator says over 8% of the scam websites it took down in 2023 were focused on…
Australian watchdog files lawsuit against ASX over misrepresenting $165 million blockchain project
Australia’s Securities and Investments Commission (ASIC) has filed a lawsuit against the Australia Securities Exchange (ASX) Ltd., accusing…
AFP Uncovers 2,000 Compromised Australian Crypto Wallets
The Australian Federal Police (AFP) has uncovered that over 2,000 cryptocurrency wallets owned by locals were compromised by…
