Australia

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...

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...

Latest news

Farage claims crypto-linked £5M gift was Brexit ‘reward’

Nigel Farage claims a $6.7 million 'gift' from crypto billionaire Christopher Harborne was a 'reward' for Brexit campaigning.Farage faces...

Ex-Celsius Exec Sentenced to Time Served for Fraud

Roni Cohen-Pavon, former Celsius CRO, was sentenced to time served after pleading guilty to fraud and conspiracy charges.Cohen-Pavon was...

Sonic’s Vertical Integration Model Shows 400% Deflation Impact

Sonic's early Vertical Integration (VI) model generated $13,000 in product revenue over ten weeks, dwarfing transaction fee burns.This nascent...