Australia

Binance Australia Faces Legal Heat Over ‘Woeful’ Retail Client Safeguards

ASIC files legal action against Binance Australia Derivatives for misclassifying 83% of retail clients as wholesale investors. Over 500 Australian customers were denied consumer protection...

Australia’s ASIC Updates Crypto Rules, Offers Grace Period for Compliance

ASIC releases consultation paper on digital asset regulation with 13 worked examples Information Sheet 225 updates focus on classifying financial products like stablecoins and wrapped...

VanEck Launches First Bitcoin ETF on Australian Securities Exchange

VanEck introduces the first Bitcoin ETF, VBTC, on the Australian Securities Exchange (ASX).Trading for VBTC will commence on June 20, 2024.The ETF is promoted...

Australian Securities Exchange Set to Launch Bitcoin ETFs by 2024

The Australian Securities Exchange (ASX) may approve its first spot Bitcoin ETFs by the end of 2024.BetaShares, VanEck, and DigitalX are among issuers planning...

Australia Proposes Stricter Regulations for Cryptocurrency Amid Growing Adoption

As the world of cryptocurrency continues to evolve at an unprecedented pace, Australia is stepping up its efforts to regulate the burgeoning industry.Treasurer...

Australia beats Asia in crypto ATM numbers as installations continue to surge

Australia has been on a roll lately with its installation of Bitcoin ATMs. In fact, the country has surpassed Asia in the total number...

Binance offers cash-to-Bitcoin service in Australia

Binance is continuing to make it easier for its customers to buy Bitcoin. Once just a crypto-to-crypto exchange, it has since created several fiat-to-crypto...

Extra, Extra, Read All About It: Binance Lite Australia Lets Aussies Purchase Bitcoin At Newsstands

Binance's “cash-to-bitcoin” project in Australia is the latest in a string of crypto-made-easy initiatives by the ever-expanding exchange.Cryptocurrency exchange Binance has announced the launch...

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NFT Smartwatch Maker Sues LVMH for Patent Infringement

Watch Skins Corporation has filed a patent infringement lawsuit against LVMH, claiming the luxury conglomerate misappropriated its NFT smartwatch...

Cryptocurrency Exchange Pleads Guilty to Unlicensed Money Transmitting, Will Pay $504 Million in Penalties

Seychelles-based cryptocurrency exchange pleads guilty to operating an unlicensed money transmitting business, agreeing to pay over $504 million in...

House Votes 292-132 to Repeal IRS Crypto Reporting Rule for DeFi Platforms

U.S. House votes 292-132 to strike down IRS rule that would have required DeFi platforms to report taxpayer information,...

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