Australia

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Malaysia Central Bank to ”Let Public Decide” Crypto’s Fate

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Malaysia’s central bank, Bank Negara, is set to release a “concept paper,” calling for the public to decide the fate of cryptocurrencies in the country, according to a recent report. Bank Negara governor Muhammad Ibrahim is said to have assured the bank will neither ban nor recognize cryptocurrency, and that the paper will be finalized … Read more

Australia to Ban Bitcoin Gambling

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Australian gambling regulator Northern Territory Racing Commission (NTRC) has issued an informal ban against all cryptocurrency online wagering, singling out bitcoin and ethereum. Just days before, one of its licensed online gambling sites announced it was offering bitcoin to its customers. Also read: Market Risk Advisory Committee: Bitcoin Futures Self-Certification Works Neds Adopts Bitcoin Gambling Paul … Read more

Brisbane Airport to Introduce Bitcoin Payments

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Air travelers will soon be able to spend some satoshis in stores and cafes at Brisbane Airport. Major retailers will be accepting several cryptocurrencies, including bitcoin. The promise: “unprecedented digital currency experience” in the airport terminals. More than 20 merchants in the Brisbane area now take cryptos thanks to a local startup that is working … Read more

Australian Taxation Office Creates Task Force to Go After Bitcoin Traders

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Are you an Australian citizen and worried you might not be paying all the taxes you are due on your bitcoin investments? Well, worry no more because the government is here to help. A group of experts has been assembled to make sure no satoshi goes untaxed in the land down under. Also Read: SEC … Read more

Australian Freeze: Big Aussie Banks Denying Bitcoiners

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Bitcoiners in Australia claim banks are on purpose freezing their bank accounts, disallowing exchange transfers, and at least one exchange is over-reacting to the freeze. They’re so unnerved they’ve done what any good crypto enthusiast does: air it all on social media and in comment threads.   Also read: Bitcoin’s Value — Like Beauty — Is … Read more

Australian Banks Restrict Coinspot’s Deposit Capabilities, Other Services Unaffected

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Most people who live in Australia will have come across the Coinspot cryptocurrency platform. It is an interesting company which facilitates the purchase of Bitcoin, Ethereum, and a few other cryptocurrencies as well. Unfortunately, the company is dealing with some significant issues which are affecting AUD deposits. It seems these problems will not be resolved … Read more