Australia Archives - Page 3 of 6

Busted: ASIC Freezes Websites & Bank Accounts of 2 ‘Ponzi Schemes’

October 26, 2020

The Australian Securities and Investments Commission (ASIC) has announced that the Australian Federal Court made orders restraining Matthew Alan Beresford from continuing to operate a financial services busin...

Crown Resorts Suspends All Junket Play Until July 2021

September 26, 2020

Australia’s Crown Resorts has announced the suspension all junket play until 30 June 2021 while it conducts an internal review of its processes related to junket operators. The suspension follows evidence gi...

Reserve Bank Of Australia Says There’s No Need For CBDC

September 18, 2020

Reserve Bank of Australia says there's no need for CBDC. A local news reported on Sept. 17, that the Reserve Bank of Australia's latest payments paper has taken a cautious and sceptical line toward CBDCs as w...

Revolut Brings Crypto Trading to Australian Customers

September 3, 2020

Only after a month of entering the Australian market, UK-headquartered challenger bank, Revolut has launched cryptocurrency trading services in the country. The mobile-based banking app now allows its Aussie...

Australia’s ACMA To Block More Illegal Offshore Gambling Websites

August 19, 2020

Australia's ACMA to block more illegal offshore gambling websites. The Australian Communications and Media Authority (ACMA) is expected to request the blocking of more illicit offshore gambling websites by Au...

Melbourne’s Lockdown A Blow To Crown Resort

July 9, 2020

Melbourne's lockdown a blow to Crown Resort. The Victorian government's announcment of the city re-entering lockdown for the next six week has extinguished hopes of the casino's re-opening. On Tuesday, after...

Over 3000 Australian Post Offices Accepting Bitcoin Payment

June 25, 2020

Over 3000 Australia Post offices accepting bitcoin payment. Bitcoin.com.au announced a partnership with local Australia Post. The partnership makes it possible for Australian citizens to make effortless trans...

Kraken Extends Crypto Exchange Service In Australia

June 17, 2020

Kraken extends crypto exchange service in Australia. The California-headquartered company revealed on Wednesday that it would begin operations in Sydney, Australia, with local customers able to finance their ...

Overseas Gambling Sites Not Welcomed in Australia

April 30, 2020

The NSW Office of Responsible Gambling (ORG) has urged people not to gamble using overseas gambling sites such as casino games and slot machines. These illegal gambling sites can include casino-style games, ...

Aussie Online Gambling Market Jumps 67% During COVID-19

April 10, 2020

According to analytics consultancy AlphaBeta and credit firm Illion, Australians’ online gambling saw a 67% jump during COVID-19. The numbers derived by AlphaBeta and Illion, based on the transactions of 250...