Crypto

News about crypto currencies

The thorny acronyms of criminals and payments: ATMs, POS and KYC

The Australian payments system is wrestling with a multi-pronged crime problem: trying to clean up old-fashioned ATMs and point of sale (POS) terminals in illegal tobacco and vape stores, while struggling to corral a new breed of crypto ATMs that are quietly multiplying and also attracting criminals.

Cash

AUDC launches AUDD stablecoin on Hedera

Australian Blockchain and Cryptocurrency (AUDC) has launched an Australian Digital Dollar (AUDD) on the Hedera Network.

Digital & Online

Historic shakeup? Surcharge ban prompts A2A and crypto challengers

The dominance of card giants and Australia’s big banks’ revenue streams are under threat as the industry readies for structural transformation in the face of a looming debit card surcharge ban and escalating costs for merchants.

Surcharging

Crypto payments arriving for Aussie merchants, bad news for cards

Crypto payments may be about to go mainstream in Australia, with Stripe releasing tools for merchants to accept stablecoins. What does it mean for the big card schemes?

Digital & Online

Harro’s Empires considers legal options after AUSTRAC crack down

Crypto ATM operator Harro’s Empires is considering legal options after AUSTRAC refused to renew its registration and placed operating conditions, including transaction limits, on other Australian crypto ATM providers.

Regulation

Australia regulates Crypto to unleash opportunities, while Washington moves to make the US the “Bitcoin superpower”

Just after US President Donald Trump highlighted his very public support for cryptocurrency, the Australian Government has moved to regulate and “provide clarity and certainty to the digital assets sector”.

Regulation