Austrac Accuses Australian Casinos of Money-Laundering

The Australian Transaction Reports and Analysis Centre (Austrac), a state-run financial intelligence organization, has leveled allegations against many of the major land-based casinos in the country. Crown R...

Court Approves AUSTRAC’s AU$1.3 Billion Fine on Westpac

The Federal Court of Australia has agreed on the deal struck between the Australian Transaction Reports and Analysis Centre (AUSTRAC) and Westpac, ordering the Australian bank to pay AU$1.3 billion (around $0...

Australians Can Now Pay Utility Bills with Cryptocurrency

Australians can now pay their utility bills with cryptocurrency thanks to a partnership between two Melbourne-based businesses, according to the Australian Financial Review. The partnership is between Cointr...