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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Bitcoin Hits Record $108K Before Fed-Driven Pullback to $92K

Bitcoin reached a record high of $108,000 on December 17, before retreating to $92,000 by December 20. Federal Reserve's smaller-than-expected...

Trump Allies Push Bitcoin Reserves Plan as Three US States Join Crypto Treasury Race

Three U.S. states propose legislation to establish Bitcoin reserves in their treasuries. Pennsylvania's proposal allows for investment of up to...

Bitcoin Plunges to $90K as Fed’s Powell Warns of Sticky Inflation

Bitcoin Price declined to $90,000, causing a $500 billion reduction in total crypto market value. Federal Reserve's inflation warning and...

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