Author: Jody McDonald

Australia’s financial crimes watchdog, AUSTRAC, has established an internal cryptocurrency taskforce in order to combat the growing use of crypto ATMs for laundering the proceeds of crime. The number of crypto ATMs in Australia has exploded in the past few years, from just 200 at the start of 2023 to now over 1200 — the

As we enter another crypto bull market we’re all hopefully starting to see some long awaited return on investment after what was an especially brutal crypto winter. But the scammers are here for this crypto spring too — their beady little eyes lighting up at the sight of our green candles as they redouble their

Financial regulator, the Australian Securities and Investments Commission (ASIC), has today released a consultation paper outlining proposed updates to its cryptocurrency information sheet.  The cryptocurrency information sheet, known as Crypto Assets (INO255), is a key document for crypto-based businesses, being one of their main sources of information on crypto regulation and helping them ensure they’re

The US government yesterday transferred 19,800 Bitcoin (BTC), valued at just under US$2 billion (~AU$2.9b), to Coinbase Prime, leading many to believe its planning a large sale — potentially sparking a drop in Bitcoin’s price. The transferred Bitcoin was seized as part of the criminal proceedings against the illicit marketplace…

Hong Kong is considering a capital gains tax exemption for crypto investments held by hedge funds, private equity funds and some family offices, according to a report from the Financial Times. The plan to make crypto tax-free for investment firms and super-rich families is part of a 20-page proposal that circulated among financial media in