Australian Bitcoin body protests public broadcaster's sensationalist coverage

The Australian Bitcoin Industry Body (ABIB) has sent a letter of protest to the country's public broadcaster, ABC, Cointelegraph reported. The complaint stems from a broadcast that allegedly portrayed Bitcoin as a tool used exclusively by criminals. The association argued that the program completely ignored Bitcoin's intrinsic value, depicting it solely as a means for money laundering. ABIB also criticized the language and terminology used in the report as highly sensationalist, adding that its narrow focus on price volatility and links to U.S. politics constituted biased reporting.