Australia
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Australia Approves 24 Tokenized Asset Pilots With Major Banks
Australia approved 24 tokenized asset trials involving real money, central bank digital currency (CBDCs), and stablecoins.The project, overseen by ASIC and called Project Acacia,...
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Australia’s Federal Election: Crypto’s Future Hangs in the Balance
Coinbase urges Australian voters to back crypto reform in upcoming May 3 federal election, citing "underdeveloped" regulatory environment.The exchange outlines five key actions for...
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Australia Treasury Unveils Crypto Regulation, Focuses on Custodians
Australia's Treasury focuses regulation on digital asset service providers with custody of client assets rather than cryptocurrency issuance itself.Stablecoin regulations will align with existing...
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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...
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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...
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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...
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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...
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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...
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Bitcoin Plunges 10%, $300B Wiped Out as Traders Brace for Crash
Bitcoin fell nearly 10%, erasing about $300 billion from the global cryptocurrency market value.
The drop follows recent trade tariffs,...
Solo Bitcoin Miners Score Block Rewards Despite Record Hashrate
Solo Bitcoin miners have successfully earned full block rewards despite high network competition.
The Bitcoin network's hashrate remains near its...
Shiba Inu Staking Locks $58.7M SHIB, Sparks Supply Shock Fears
More than $58.7 million worth of Shiba Inu (SHIB) tokens have been staked, reducing the number of tokens actively...