Australia

Crypto Case in Australia Involving $800K in Stolen Assets Filed to Federal Court
A French national is accusing Modern Assets of failing to perform the due diligence before connecting him with a mysterious seller who made off with his assets.

Crypto.com Expanding Payment Card to Australia After Becoming Visa Principal Member
Crypto.com is now a principal member of Visa's Australia network.

Australia Considering a Blockchain-Based Digital Currency
Reserve Bank of Australia Governor Phillip Lowe said the central bank is considering a blockchain-based digital currency. "The Hash" panel weighs in on the state of crypto investing in Australia and what kind of impact an Australian central bank digital currency (CBDC) would have on the market and economy.

Australia's Government Allocates $5.3M for Blockchain Pilot Projects
The money will be spent on two pilot projects intended to show how cost reductions in regulatory compliance are possible with the use of blockchain.

Australian Bitcoin Mining Firm Iris Energy Doubles Pre-IPO Fundraising Target
The Sydney-based data center provider now aims to raise investment of AUS$40 million (US$31 million).

Mystery Over Why Blockchain Australia Revoked Membership of Crypto Project Qoin
Qoin is unsure why its membership in Austalia's leading blockchain industry group was terminated.

Bitcoin More Popular Than Gold in Australia, Report Finds
Nearly a quarter of surveyed investors state they plan to hold their investments for more than three years.

Facebook vs. Australia: Which Actually Won in the News and Power Battle?
Facebook is restoring news sharing in Australia after reaching a deal on a new media law. “The Hash” panel debates the power dynamics at play.

Australian Man Arrested for Trying to Launder $4.3M With Bitcoin
The man was arrested in his car, where police found $1 million in cash, cocaine and electronic devices.

Facebook Blocks Sharing and Viewing of News in Australia
In light of Australia’s proposed law to make digital giants like Facebook pay content publishers for journalism, Facebook has blocked sharing and viewing news on its platform in the land Down Under. The Hash panel weighs in on the power dynamics at play and the growing debate over Big Tech and centralized platforms.
