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Australia Launches Major CBDC and Stablecoin Trial Under Project Acacia

The Reserve Bank of Australia (RBA) started its next step in testing digital money. This is part of Project Acacia, a joint plan with...

Crypto ATM scam hits hard in Australia

Picture this, a 77-year-old widow, trusting, hopeful, thinking she’s found love online. Instead, she ends up handing over her life savings, $433,000 Australian dollars,...

Australia Caps Crypto ATM Cash at $3,250 After $2M Scam Losses Revealed

On June 3, 2025, AUSTRAC introduced new rules for crypto ATM operators across Australia. The regulations include a $3,250 cash limit per deposit or...

ASIC Takes Block Earner Crypto Yield Case to High Court for Legal Review

The ASIC Block Earner case has moved to a new phase. On May 21, the Australian Securities and Investments Commission (ASIC) said it would...

Bitcoin Seizure: Australian Police Confiscate Mansion, Mercedes, and Crypto in $2.88M Case

The Australian Federal Police (AFP) have seized 25 Bitcoin, a waterfront mansion in Queensland, and a Mercedes-Benz. The assets, valued at 4.5 million Australian...

AUSTRAC will close Australia’s inactive crypto exchanges

Australia’s financial watchdog just sent a message that everyone could understand. If you’re running a crypto exchange and you’re not actually doing anything, it’s...

AUSTRAC Cracks Down on Dormant Crypto Exchanges in Australia Over Scam Risks

Australia’s financial intelligence agency AUSTRAC is taking action against dormant crypto exchanges. On April 29, AUSTRAC said it would cancel registrations of inactive firms...

Coinbase urges Australia to stop dabbling, and start leading on crypto

Alright, mates, let’s talk about Australia and crypto. A country with one of the highest crypto adoption rates in the world, 31% of Aussies...

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