Australian Crypto Payments Double in 2026 as Banking Restrictions Intensify

Australian Crypto Payments Double in 2026 as Banking Restrictions Intensify The number of Australians using cryptocurrency for everyday purchases has doubled to 12% in 2026, even as banking institutions tighten restrictions on crypto-related transactions, according to a new survey by crypto exchange Independent Reserve. The annual survey, which polled 2,000 “everyday Australians” between Jan. 12…

Australian Crypto Payments Double in 2026 as Banking Restrictions Intensify

Australian Court Orders $9.3M Penalty Against BPS Financial Over Misleading Qoin Wallet

Australia’s Federal Court has ordered financial services company BPS Financial Pty Ltd to pay 14 million Australian dollars ($9.3 million) in penalties for operating an unlicensed financial services business and making misleading claims about its Qoin Wallet product. The ruling follows years of legal action brought by the Australian Securities and Investments Commission (ASIC), the…

Australian Court Orders $9.3M Penalty Against BPS Financial Over Misleading Qoin Wallet