ABIB launches an email campaign enabling Australians to contact Senator Katy Gallagher, Minister for Finance, with a principled message: Banks educate, Police investigate, Australians decide. Australians across the country report being treated with suspicion when attempting lawful Bitcoin transactions—facing invasive questioning, and being pressured by Banking staff not to proceed, despite transactions being lawful transactions […]
The Australian Bitcoin Industry Body (ABIB) and Bitcoin Policy Australia have lodged a second submission to the Reserve Bank of Australia’s Review of Merchant Card Payment Costs and Surcharging, urging the RBA to move beyond incremental reforms and consider the encouragement of Bitcoin as a low-cost, cash-like permissionless digital payment rail. Building on their 2024 […]
ABIB launches a national email campaign enabling Australians to directly contact Federal Senators using a professional, templated message with the subject line “Bitcoin and Australia’s Progressive Economic Future”. The campaign addresses the cost-of-living crisis and links inflation-driven inequality to currency debasement, framing Bitcoin as a safeguard for Australians seeking open access to hard money. The […]
The Australian Bitcoin Industry Body (ABIB) and Bitcoin Policy Australia have jointly called on the Reserve Bank of Australia (RBA) to address inefficiencies in the current payment systems by embracing Bitcoin as a low-cost, cash-like digital payment solution. This comes in response to the RBA’s Review of Merchant Card Payment Costs and Surcharging and highlights […]
The Australian Bitcoin Industry Body (ABIB) has renewed its call for the Reserve Bank of Australia (RBA) and the Australian Government to diversify national reserves by allocating a portion to Bitcoin. This follows the inaction on ABIB’s 2023 proposal and highlights Bitcoin’s growing global recognition as a resilient and decentralised reserve asset. ABIB emphasises the […]
The Australian Bitcoin Industry Body (ABIB) has responded to recent remarks by RBA Governor Michele Bullock, who asserted that Bitcoin “is not money” and has “no role in the Australian economy,” by offering to collaborate with the RBA to improve understanding of Bitcoin’s unique role and benefits. ABIB proposed to provide educational resources, clarify distinctions […]
Australia’s AUSTRAC along with the Australian Bitcoin Industry Body, as well as cryptocurrency industry representatives recently met to discuss upcoming legislative changes affecting Digital Currency Exchanges (DCEs), hereforth being referred to as Virtual Asset Service Providers (VASPs), as well as and the broader digital asset ecosystem. The focus was on proposed AML/CTF reforms, reporting obligations, […]
In a formal submission to the Senate Standing Committee on Environment and Communications, we warned that its passage could severely harm free speech, public dialogue, and Australia’s democratic values.
In September 2024, the Australian Bitcoin Industry Body (ABIB) met with key Federal members of the Libertarian Party Australia to discuss shared values and the human rights natively enforced by the Bitcoin protocol. We explored Bitcoin’s non-partisan nature, emphasising that it is truly money for everyone. ABIB raised concerns regarding proposals by Commonwealth Treasury that […]
In a bid to safeguard consumers, the Treasury Department has released the “Regulating Digital Asset Platforms” proposal. The proposal rests on the assumption that the recent failures of cryptocurrency platforms resulted from unregulated intermediaries. The Australian Bitcoin Industry Body (ABIB) has expressed concern regarding this assumption, arguing that it does not effectively address the scams […]
