Australia

U.S. Arrests 'Bitcoin Rodney,' Alleged HyperVerse Crypto Scheme Promoter, on IRS Charges of Fraud
Rodney Burton was arrested on Friday in Florida and will be transferred to Maryland.

Australian Treasury to Question Regulator Over HyperVerse Crypto Scheme: Report
"It seemed pretty clear that there should have been concerns raised about… this operation,” Stephen Jones said.

Animoca-Backed Game Wallet Wars Delegates Release Decision to DAO Vote
Wallet Wars’ rallying cry is inspired by a scene in the TV series The Simpsons.

Crypto VC C1 With Coinbase Lineage Eyes Acquisition in Australia: Report
Australia has taken a cautious approach to the larger crypto industry ever since the collapse of FTX.

TRM Labs Partners With Aussie Crypto Exchange Swyftx to Combat Scams
The program will trial an apparent global first in which Aussie crypto users who activate two-factor authentication on their cryptocurrency accounts will be paid AUD $10 worth of Bitcoin.

Australia Updates Its Capital Gains Tax Guidance to Include Wrapped Tokens and DeFi
Last year, the Australian Taxation Office (ATO) warned cryptocurrency investors that capital gains and losses must be reported every time a digital asset is sold.

Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia
At its annual conference, Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.

Australia to Release Draft Legislation for Crypto Exchanges in 2024; Is Binance Too Big to Fail?
Host Angie Lau breaks down the latest developments in crypto legislation around the world as Australia proposes a move towards a clear regulatory framework for digital asset platforms. Plus, a deep dive into crypto exchange Binance's ongoing legal battle. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

Australia Proposes New Licensing Regime for Crypto Exchanges, Aims for Draft Legislation by 2024
The timeline indicates it could take till 2025 for an Australian digital asset platform to receive a licence under the freshly proposed regime.

Australian Man Who Spent $6.7M Erroneous Crypto.com Refund Faces Theft Charges, Guardian Reports
Jatinder Singh and his partner bought four houses, cars, artwork and other luxurious items with money they received due to an accounting error by Crypto.com, according to the Guardian.

