Australia Financial News

29.06 / 10:57

business Binance Europe banking Support Binance to lose support of its euro banking partner

The cryptocurrency exchange Binance informed users that its current euro banking partner, Paysafe Payment Solutions, will not continue supporting the exchange.

29.06 / 10:05

regulation Banks AML Bitcoin Crypto debanking could drive industry underground: Australia Treasury

The growing trend of cutting services to cryptocurrency companies in Australia could lead to undesired consequences like making the industry less transparent, according to the state.

29.06 / 02:01

Law regulation SEC us government Financial Hester Peirce: US crypto laws can’t assume ‘everything is a financial asset’

Cryptocurrency laws in the United States should be “reserved” and not regulate the technology as though every use is financial, argues a commissioner at the U.S. Securities and Exchange Commission.

29.06 / 00:51

business Tokens Assets Digital Asset stock exchange Australian Australian stock exchange may consider listing tokenized real-world assets

The Australian Securities Exchange (ASX) is unlikely to directly list a cryptocurrency on its exchange but could consider an “appropriately-backed” tokenized real-world asset such as gold.

28.06 / 00:01

Adoption ETF inflation Bitcoin Bitcoin Price NOT Bitcoin price surge Bitcoin price surge will come from retail, not institutions: Fireblocks CEO

While an approved BlackRock spot Bitcoin (BTC) exchange-traded fund (ETF) will funnel new institutional money to Bitcoin, it's going to be the retail investors that ultimately drive any significant price surges, according to Michael Shaulov, the CEO and co-founder of institutional custody platform Fireblocks.

27.06 / 06:51

business Blockchain Adoption Mining Bitcoin Riot 2024 Riot Platforms Riot Platforms to add 33,000 Bitcoin miners ahead of 2024 halving

Riot Platforms — one of the world’s largest Bitcoin (BTC) mining companies — has bought 33,280 “next-generation” Bitcoin miners for its Texas facility, costing $162.9 million.

27.06 / 05:47

business Government Blockchain Adoption Binance regulation restrictions Australian Australian banks claim 40% of scams 'touch' crypto as it defends restrictions

Australia’s cryptocurrency industry banking woes will likely continue, with the government and major banks signaling no intention to back down against scams that “touch” crypto.

27.06 / 04:11

business Binance exchanges Binance Australia got 12 hours' notice before it was debanked, says exec

In the middle of the night, Binance Australia’s team was suddenly told it would be “cut off” from Australia’s banking system. There was no prior warning, consultation or redress, the exchange’s regional manager Ben Rose has claimed.

26.06 / 06:23

business Government Law Adoption SEC European Union Australia’s token mapping to be ‘tech agnostic,’ says Treasury official

The Australian Treasury’s token mapping of digital assets will adopt a “tech agnostic” and “principles-based” approach in order to define crypto assets, according to a Treasury official.

26.06 / 01:27

business Facebook Government Social Media Google Media safe 'Keep Australia safe': Dystopian draft bill against 'misinformation' unveiled

A draft bill from the Australian government is warning tech and social media giants to remove misinformation from their platforms or be prepared to pay up big fines.

25.06 / 23:33

Blockchain regulation Don’t follow the US: Blockchain Aus CEO hammers ‘regulation by enforcement’

Blockchain Australia’s new CEO Simon Callaghan hopes the Federal Government will take its cues on crypto regulation from the United Kingdom, Hong Kong, and Singapore — and definitely not the United States.

23.06 / 11:25

Blockchain Adoption regulation services regulatory approval regulatory Crypto.com receives regulatory approval to offer crypto services in Spain

Singapore based cryptocurrency exchange service provider Crypto.com has obtained a virtual asset service provider (VASP) registration from the Bank of Spain. The regulatory approval would allow the exchange to offer a range of crypto-focused services to customers in Spain, a country which has shown a positive crypto stance in recent times.

23.06 / 11:15

Blockchain CEO licence Crypto.com gets licence in Spain

23.06 / 10:03

business Ethereum Winklevoss Twins Staking Ethereum staking Winklevoss twins’ Gemini launches Ethereum staking in the UK

Winklevoss twins’ cryptocurrency exchange Gemini continues to actively expand its services across the world, debuting Ethereum staking in the United Kingdom.

23.06 / 06:09

business Blockchain Digital Asset stock exchange Stock Investment chess Blame game rages over ASX’s failed CHESS system blockchain upgrade

Digital Asset — the New York firm responsible for Australian Securities Exchange’s now-abandoned blockchain-based clearing system — has blamed the securities exchange for dropping its blockchain plans.

23.06 / 02:29

business Adoption Payments Altcoin Shiba Inu NOT Customers Shiba Wings customers love the food, not so much the crypto, says owner

After a grand opening in March, Australian fast-food diner Shiba Wings has seen plenty of customers walking through the doors for their fried delectables.

22.06 / 07:25

UPS PwC politician International Leak Australian PwC should face international probe into Australian tax leak, top politician says

Regulators across the world should investigate Big Four accountancy group PwC after its Australian arm leaked confidential information to score new clients, according to a senior politician in the country.

22.06 / 05:25

Adoption Banks Financial Services Innovators TradFi Banking is ‘slowly dying’ — Former TradFi execs on reasons for joining crypto

Despite plenty of regulatory action in the United States and an ongoing crypto winter, former TradFi executives, now in crypto, said there’s no desire to return to their old banking lives

21.06 / 13:29

Adoption Gemini Crypto Exchange expansion sec lawsuit Gemini Announces Plans for Expansion in Asia-Pacific Amid SEC Lawsuit

Crypto exchange Gemini has announced plans to expand into the Asia-Pacific (APAC) region to capture the “next wave of growth for crypto.”

21.06 / 09:59

Blockchain UPS Citi Platform BNI Swift steps up blockchain experimentation

The fresh initiative follows a proof-of-concept conducted with Chainlink last year on the development of a Cross-Chain Interoperability Protocol (CCIP) that would connect Swift to multiple blockchain networks. Tom Zschach chief innovation officer, Swift, says there’s unlikely to be a single prevailing blockchain network.

20.06 / 15:15

Blockchain security NEO Deutsche Bank restrictions Warning Australian Today in Crypto: Deutsche Bank Applies for German Digital Asset Custody License, Scam Trezor App Warning, Japan's Crypto Exchanges Urge Regulators to Relax Margin Trading Restrictions, New Banking Restrictions for Australian Exchanges

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