Australia

Australian University Finds Privacy Issues With Blockchain Technology
A research paper from the University of South Australia suggests blockchain technology needs to be refined so it can better protect privacy and the EU's "right to be forgotten."

Australian Financial Watchdog Bans Local BitConnect Promoter for 7 Years
The Australian man was banned from working in financial services by the Australian Securities and Investment Commission.

Digital Bank Revolut Expands Crypto Buying and Selling Service to Australia
The U.K.-based fintech firm has opened its cryptocurrency services to Australian residents.

Australian Payments Firm Sues Ripple for Use of PayID Trademark
NPPA, a major Australian financial services firm, is suing Ripple Labs over allegations of trademark infringement.

Australian Conman Extradited Over Alleged Fraud Involving $1.2M in Bitcoin
An Australian serial conman has been extradited to New South Wales to face fraud charges involving over $1 million in bitcoin.

Australian Woman Jailed for Theft of More Than 100,000 XRP
The 25-year-old received a sentence of more than two years for the 2018 theft of XRP worth around $300,000 at the time.

Blockchain-Based Trademark App Can Boost Australian Economy, Says Minister
On the news Australia’s rugby league is using a blockchain-based app to stop counterfeit goods, a government minister said the app could help grow the national economy.

Binance Australia Is Actually Run by an Entity Linked to TravelbyBit
CoinDesk has discovered Binance Australia is operated by InvestbyBit, a company that shares directors with tourist crypto payments provider, TravelbyBit.

Australian Crypto Exchanges Partner With Koinly to Simplify Tax Reporting for Users
With tax reports for crypto transactions being complex and time-consuming to prepare, Koinly said its service automates the process in just minutes.

Australian State Treasury Proposes 'Flexible' Regulatory Reform for Blockchain
The New South Wales Treasury is exploring regulatory reform for blockchain technology citing the need to promote innovation.
