The registrations of two cryptocurrency exchanges have been suspended following the arrest of a 27-year-old man from Bulleen in Victoria in connection with an Australian Federal Police investigation into an organised crime syndicate.
Australians who wish to purchase cryptocurrencies will have to first provide identity documents and open an account with the digital currency provider in question, a spokesperson for Minister for Law Enforcement and Cyber Security, Angus Taylor (below, right), says.
Two longstanding directors of the scandal-hit Commonwealth Bank are vacating their board seats in what appears to be a fallout caused by the ongoing crisis.
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