Australia

Australia sues Telegram over pro-terror content failures

Australia's eSafety Commissioner launched civil penalty proceedings against Telegram for failing to remove terrorism-linked material, seeking fines up to $35.8 million.The regulator alleged Telegram...

Australia payment rails may adapt for tokenized money

Australian regulators see tokenized money like stablecoins and deposit tokens as a design factor for the country's future payment systems.A draft vision suggests payment...

Crypto Payments Double in Australia Despite Banking Hurdles

In 2026, 12% of Australians used crypto for goods and services, a significant rise from 6% in the previous year.Approximately 30% of investors faced...

Australia Senate backs crypto regulation bill

A key Australian Senate committee has recommended passage of the Digital Assets Framework Bill, aiming to modernize oversight and close consumer protection gaps.The bill...

Australia: Crypto Not a Unique Asset Class, Says Top Regulator

Australia's financial regulator advocates regulating crypto based on economic function, not as a separate asset class.The approach avoids a standalone crypto law, instead amending...

Ripple Seeks Key Australia License with BC Payments Buy

Ripple is pursuing an Australian Financial Services License via the acquisition of BC Payments to expand its regulated payments services in the Asia-Pacific region.The...

Study: Australia Needs Crypto Rules to Unlock $17B

A new report estimates Australia could unlock $17 billion annually from digital asset markets with proper regulation.The Digital Finance Cooperative Research Centre identifies regulatory...

Coinbase Accuses Australia’s Big Four Banks of Systemic Debanking

Coinbase has formally accused Australia's Big Four banks of systemically debanking crypto and fintech firms, calling it a threat to competition.The exchange claims up...

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ASX shareholder seeks court approval to sue directors over blockchain failure

A shareholder is seeking court permission to sue former ASX officers and directors over alleged breaches tied to the...

AI pattern breaks Flock, Clearview, Axon cameras at Def Con

Bill Swearingen’s noRecognition project generates patterns that stop camera software from classifying what it covers—people, faces, or cars.The patterns...

Cerebras shares sink 15% as hardware revenue drops 23% in Q2

Cerebras Systems stock fell 15% after-hours despite raising its full-year outlook, as hardware revenue dropped 23% to $54.1 million.Cloud...