May 20, 2024

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Blockchain Australia CEO calls for unified efforts to stamp out crypto scams

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Blockchain Australia CEO calls for unified efforts to stamp out crypto scams

Blockchain Australia’s new CEO, Simon Callaghan, is urging Australia’s banks, the government and the crypto industry to come together to combat rising cryptocurrency scams.

Speaking on the final day of Australian Blockchain Week in Melbourne on June 30, Callaghan announced that the association will now be focused on helping prevent scams that involve crypto,

Earlier this week, Blockchain Australia said it planned on examining scam data collected from cryptocurrency exchanges and, from that, share the best practices for scam and fraud prevention.

Blockchain Australia is the peak industry body for blockchain in Australia. The body represents 111 blockchain-based firms operating in Australia, according to the firm’s website.

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