AUSTRAC Archives - BlockTribune

Australia’s Financial Agency Suspends Two Crypto Exchanges Following Organized Crime Investigation

Crime, News, Regulation | March 11, 2019 By: David Pimentel

The Australian Transaction Reports and Analysis Center (AUSTRAC), the country’s financial intelligence agency, has suspended the registrations of two cryptocurrency exchanges, removing their ability to continue to conduct business.

The suspension were issued after a 27-year-old Bulleen man was arrested during the second phase of an Australian Federal Police (AFP) investigation into an organized crime syndicate.

Australia’s Financial Agency Automates Fund Transfer With Blockchain

Blockchain, Innovation, News | February 26, 2019 By: Maricel Custodio

The Australian Transaction Reports and Analysis Center (AUSTRAC), the country’s financial intelligence agency, is exploring blockchain technology to automate funds transfer instructions.

AUSTRAC is reportedly collaborating with Swinburne University of Technology to develop a prototype for the trial. The two parties’

Coinjar Launches Crypto Exchange With AUD Pairings

Announcements, News | May 25, 2018 By: Maricel Custodio

Australia-based crypto platform CoinJar has launched a cryptocurrency exchange exclusively offering fiat pairings in Australian dollar.

Founded in 2013, CoinJar enables the buying and selling of cryptocurrencies and allows merchants to accept crypto payments. It allows online businesses to accept cryptocurrencies in various categories such as bitcoin tools,

Cryptocurrency Exchange Blockbid Obtains License from AUSTRAC

Announcements, News, Regulation | April 11, 2018 By: David Pimentel

Melbourne cryptocurrency exchange Blockbid has been granted permission to legally operate in Australia.

The Australian Transaction Reports and Analysis Centre (AUSTRAC), the country’s financial intelligence agency, has approved an application by Blockbid in accordance with the new regulatory powers given to the agency.

Australian Crypto Exchanges Now Required To Register With AUSTRAC

FinTech, News, Regulation | April 4, 2018 By: Dave Pimentel

The Australian Transaction Reports and Analysis Centre (AUSTRAC), the country’s financial intelligence agency, has announced that Australian cryptocurrency exchanges are now required to register with the agency and meet their obligations.

AUSTRAC said that the country’s new regulative apparatus pertaining to cryptocurrencies has formally been adopted as law.

Crypto Exhanges Monitored By Australian Financial Intelligence Agency

News, Regulation | December 11, 2017 By: David Pimentel

The Australian government has passed a new law that would regulate the activities of digital currency exchange service providers in the country.

The Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2017, first filed with the Australian parliament in August, expands the scope of the Act to include regulation of digital currency exchange providers;