Australia says social media ban will not age test all users
Australia will not require social media giants to verify the ages of all users under its ban on under-16s using the platforms, Canberra said Tuesday. But platforms like Facebook, Snapchat, TikTok and YouTube are expected to take “reasonable steps” to stop children from accessing the apps, it said. Australia has been a leader in global […]
Australia orders audit of crypto trading giant Binance
Australia has ordered the local arm of the world’s largest cryptocurrency exchange, Binance, to appoint an external auditor after identifying “serious concerns” with its money laundering and terrorism financing controls. The Australian Transaction Reports and Analysis Centre (AUSTRAC), the country’s financial intelligence agency, said Friday its concerns followed Binance Australia’s latest independent review which was […]
Social media companies slam Australia’s under-16 ban
Social media giants on Friday hit out at a landmark Australian law banning them from signing up under-16s, describing it as a rush job littered with “many unanswered questions”. The UN children’s charity UNICEF Australia joined the fray, warning that it was no “silver bullet” and could push kids into “covert and unregulated” spaces online. […]
