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Regional crypto news across Oceania, covering Australia, New Zealand, and Pacific islands; regulation, exchanges, mining, startups, and Web3 adoption.

Adoption

Australian senator releases draft bill to push for crypto regulation

Australian liberal senator Andrew Bragg introduced a draft bill for regulations on digital asset exchanges and Chinese banks provisioning digital e-Yuan.

3 years ago

Legal

Australia creates special crypto police unit to crack down on money laundering

In the first four months of 2022, crypto scam losses in Australia grew 166% to $140 million, compared to the same period in 2021.

3 years ago

CBDCs

World Economic Forum weighs in on CBDC adoption and DLT use cases

WEF aims to inform and help central banks realize the potential of CBDCs and DLT as interest in the technologies gain traction.

3 years ago

Legal

Digital casino Stake.com facing $400M lawsuit filed by former partner

Crypto casino Stake.com is being sued by its former partner Christopher Freeman who claims he was cut out of the platform.

3 years ago

Regulation

Australia plans to implement token mapping amid intensified efforts to regulate crypto industry

Token mapping will be used by the Australian government to regulate cryptocurrencies according to their asset class.

3 years ago

CBDCs

Private but regulated tokens could beat CBDCs, Australian central bank chief says

The Reserve Bank of Australia governor argued that the private sector is better than central banks at innovating tokens.

3 years ago

Enterprise

Banxa to layoff 30% of workforce to shelter the “crypto winter”

Terming the move "measures of a response management" Banxa joins the list of companies laying off part of its workforce in this current "crypto winter" to save over $10 million per year.

4 years ago

Exchanges

Crypto winter causes Australian exchange to freeze operations permanently

Challenging market conditions during crypto winter force Australia-based BTC.com.au to close its doors for the last time.

4 years ago

Taxes

Australian mayor suggests crypto as tax payment option

Gold Coast Mayor Tom Tate has revealed that the city could be open to accepting its taxes with cryptocurrencies like Bitcoin despite the volatile nature of the industry.

4 years ago

Regulation

Australian consumer group calls for urgent regulation of crypto

With a few crypto exchanges shutting down and an increase in scams, crypto investors want the same level of protection as stock traders.

4 years ago

Scams

New Zealand Police investigate allegedly fraudulent crypto platform Quwiex

Police investigation into Quwiex revealed that the platform had registered in New Zealand in September 2021, but it appears that all of the information used for its registrations were false.

4 years ago

Regulation

Australia aims to finalize crypto regulation by 2025

Australian Prudential Regulation Authority’s (APRA) roadmap includes annual action steps to regulate all crypto-related activities and aims at releasing the regulations by 2025.

4 years ago

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Oceania

Australian senator releases draft bill to push for crypto regulation

Australia creates special crypto police unit to crack down on money laundering

World Economic Forum weighs in on CBDC adoption and DLT use cases

Digital casino Stake.com facing $400M lawsuit filed by former partner

Australia plans to implement token mapping amid intensified efforts to regulate crypto industry

Private but regulated tokens could beat CBDCs, Australian central bank chief says

Banxa to layoff 30% of workforce to shelter the “crypto winter”

Crypto winter causes Australian exchange to freeze operations permanently

Australian mayor suggests crypto as tax payment option

Australian consumer group calls for urgent regulation of crypto

New Zealand Police investigate allegedly fraudulent crypto platform Quwiex

Australia aims to finalize crypto regulation by 2025

Crypto winter causes Australian exchange to freeze operations permanently

Digital casino Stake.com facing $400M lawsuit filed by former partner

World Economic Forum weighs in on CBDC adoption and DLT use cases

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