Australia is finally getting crypto regulation, with exchanges being targeted
Australia is finally getting crypto exchange regulation, with Assistant Treasurer Stephen Jones detailing the proposed new rules on Monday.
A majority of NFTs now estimated to be worthless
The two most traded sets of NFTs are the Bored Apes collection created in April 2021 and the CryptoPunks collection launched in June 2017.
Crypto regulation bill rejected, Labor’s token mapping plan still MIA
A Senate committee has rejected Andrew Bragg's crypto regulation bill. Meanwhile Labor has remained quiet on its own token mapping plans.
How to claim crypto losses and capital gains in your tax return
The Australian Tax Office treats cryptocurrency holdings like other investment assets, such as company shares or real estate.
Investors turn to Bitcoin and gold after SVB collapse
After a rollercoaster weekend, Bitcoin has rallied by around 20% in the last four days in the wake of the Silicon Valley Bank collapse.
Treasury admits traditional financial regulation won’t work for all crypto
Treasury has released its public consultation paper regarding token mapping and cryptocurrency regulation. But it's also admitted that it's complicated.
Swyftx quietly announced the closure of its Earn product while everyone was on Christmas break
Australian cryptocurrency exchange, Swyftx, is closing its high-interest Earn product. It notified customers during the Christmas long weekend after ASIC began legal proceedings against similar products in the market.
Superhero founders to buy company back from Swyftx as crypto volatility, regulatory changes sink $1.5 billion merger
Share trading platform Superhero's planned $1.5 billion merger with Australian cryptocurrency exchange Swyftx has been scrapped.
Binance cops $2 million fine for Australian spam emails, adding to crypto’s grim Christmas
Binance has just paid a $2 million fine from ACMA for spam breaches. But that's not the only reason it's having a bad week.
Omicron waves and a crypto crash: A look back at what derailed SmartCompany’s predictions for an unpredictable 2022
SmartCompany looks back at some 2022 predictions made one year ago. What did we get right, and what did we get wrong?
Why crypto exchanges are pretty much the least safe way to buy and hold crypto
Stock exchanges are both highly regulated and help regulate share trading. Cryptocurrency exchanges, on the other hand, are virtually unregulated and serve no regulatory function.
The RBA is mulling the possibility of an official digital currency, but would it actually work?
The RBA has some interesting things to say about the possibility of how digital currency could work as an official, central bank-issued part of Australia's financial system.