Author: Jody McDonald

Have you heard the news? Crypto is like ciggies…prison ciggies that is. Yes, you read that right. According to the Australian Securities and Investments Commission’s (ASIC’s) Digital Assets Lead, Rhys Bollen, Bitcoin (aka digital gold, the future of money etc.) and other cryptocurrencies potentially share many similarities with prison cigarettes (aka darbs…

US spot Bitcoin ETFs now hold a combined total of over 1.1 million BTC, more than the amount estimated to be held by the cryptocurrency’s pseudonymous creator Satoshi Nakamoto, according to data from crypto analytics platform CoinGlass. This makes US-based BTC ETFs the largest source of Bitcoin holdings on Earth…

Australia’s financial crimes watchdog, AUSTRAC, has established an internal cryptocurrency taskforce in order to combat the growing use of crypto ATMs for laundering the proceeds of crime. The number of crypto ATMs in Australia has exploded in the past few years, from just 200 at the start of 2023 to now over 1200 — the

As we enter another crypto bull market we’re all hopefully starting to see some long awaited return on investment after what was an especially brutal crypto winter. But the scammers are here for this crypto spring too — their beady little eyes lighting up at the sight of our green candles as they redouble their

Financial regulator, the Australian Securities and Investments Commission (ASIC), has today released a consultation paper outlining proposed updates to its cryptocurrency information sheet.  The cryptocurrency information sheet, known as Crypto Assets (INO255), is a key document for crypto-based businesses, being one of their main sources of information on crypto regulation and helping them ensure they’re