Australia Financial News

13.12 / 09:15

business Fraud FTX Congress Hours before his arrest, SBF denied being part of ‘Wirefraud’ chat group

Merely hours before news of his arrest by Bahamian police, Sam Bankman-Fried took to Twitter denying his involvement or knowledge of a secret group chat named “Wirefraud” — which allegedly involved former FTX and Alameda ranking executives.

13.12 / 00:41

European Parliament Snow London elon Elon Musk has second stab at Twitter Blue paid subscription

Elon Musk once again tried to launch a paid subscription for Twitter on Monday, after a first attempt marred confusion and the influx of fake accounts.

11.12 / 15:41

education Power Ukraine war: Millions without power, 'Merchant of Death' interview, hunt for 'collaborators'

Russia is producing more destructive weapons to counter western countries that support Kyiv, said Dmitry Medvedev on Sunday.

08.12 / 23:37

markets Bitcoin Bitcoin Price crypto market cap Total crypto market cap falls to $840 billion, but derivatives data shows traders are neutral

The total cryptocurrency market capitalization dropped 1.5% in the past seven days to rest at $840 billion. The slightly negative movement did not break the ascending channel initiated on Nov. 12, although the overall sentiment remains bearish and year-to-date losses amount to 64%.

08.12 / 17:17

How to Bet on Argentina vs The Netherlands in FIFA World Cup Quarter-Finals

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08.12 / 12:29

Stablecoin Adoption regulation Framework Stablecoin framework is a near-term priority for Aussie regulators

Australian financial regulators are “working on options” for incorporating payment stablecoins into the regulatory framework for stored-value facilities. Such incorporation would be a part of broader reforms to the payments regulatory framework in the country.

08.12 / 09:51

CBDC Adoption Central Bank wholesale Spain’s central bank to experiment with wholesale CBDCs

Spain’s central bank, the Bank of Spain (BDE) said it intends to launch an experimental program to begin testing wholesale Central Bank Digital Currencies (CDBCs) and is seeking collaboration proposals from local finance and technology institutions.

08.12 / 09:35

business Blockchain Adoption Australian Australian CBDC receives unexpected interest but could hurt banks: RBA

A Central Bank Digital Currency (CBDC) pilot program in Australia has received more than 140 use case proposals from the finance industry, but the Reserve Bank of Australia (RBA) warns that it could displace the Australian dollar and result in people avoiding commercial banks entirely.

06.12 / 09:41

Government regulation Senate A loophole allowed FTX to secure its Aussie license without full checks: ASIC's Longo

Joseph Longo, the chairman of the Australian Securities and Investments Commission (ASIC) is calling for a regulatory loophole to be closed that allowed FTX to acquire an Australian Financial Services License (AFSL) in the country without the full suite of checks.

05.12 / 14:57

business Blockchain exchanges Job Crypto layoffs trigger mixed responses from the community

As more crypto companies have cut off their staff to weather the effects of the bear market, crypto community members have posted various reactions from giving encouragement to trying to hire the professionals that were recently let go.

05.12 / 12:39

Football Price cap on Russian oil comes into force despite Moscow's threats

The European Union and G7 price cap of $60 a barrel for Russian oil came into effect on Monday, as the West tries to weaken Moscow's ability to continue funding the war in Ukraine while protecting the global economy from a sudden rise in energy prices.

03.12 / 17:03

European Union NOT Ukraine war: Biden will not talk to Putin; Russia to encircle Bakhmut; Estonia wants HIMARS

US President Joe Biden does not intend to speak to his Russian counterpart, Vladimir Putin, about ending the Ukraine war as conditions for such discussions currently do not exist, the White House said on Friday.

03.12 / 16:57

European Commission G-7 Sets Russian Oil Price Cap of $60 a Barrel

The Group of Seven advanced democracies agreed to cap the price of Russian crude oil at $60 a barrel, moving forward with an unprecedented sanction on one of the world’s largest oil producers months after its invasion of Ukraine.

03.12 / 13:37

European Union Ukraine war: EU, G7 back $60-per-barrel price cap on Russian oil

The European Union agreed to a $60-per-barrel (€56.9) price cap on Russian oil, a key step as Western sanctions aim to reorder the global oil market to prevent price spikes and starve President Vladimir Putin of funding for his war in Ukraine.

02.12 / 17:25

business Bitcoin acquires Thai VC fund acquires troubled exchange Zipmex for $100M: Report

After weeks of negotiations on a potential buyout of Zipmex, venture capital fund V Ventures has reportedly reached a deal to acquire the embattled cryptocurrency exchange.

01.12 / 11:13

European Union Five burning issues on the agenda as Biden welcomes Macron to the US

Roll out the red carpet, Emmanuel Macron has arrived in the United States.

30.11 / 18:29

Energy Ardern irked by age question as she meets Finland PM Sanna Marin

Sanna Marin is on a working visit to New Zealand and Australia this week, the first ever by a Finnish prime minister.

30.11 / 06:37

business Accenture Digital assets could add $40B a year to Aussie GDP: Tech Council report

Up to $40 billion a year (AU$60 billion), could be added to Australia's national GDP with the right regulatory framework and could lead to enormous cost savings for consumers and businesses according to a new report.

28.11 / 16:59

Report Bitcoin Bitcoin is the king of crypto brand awareness for Aussies: Report

Bitcoin (BTC) has topped the crypto charts in a survey from down under. According to 2,000 Australians surveyed by the Independent Reserve Cryptocurrency Index (IRCI), Bitcoin is number one for brand recognition, ownership and overall sentiment.

28.11 / 05:37

Law Ripple regulation FTX fall Utility FTX fall was ‘incredibly damaging,’ crypto must foster real utility: Ripple policy lead

Ripple’s APAC Policy Director has described the fall of FTX as “incredibly damaging” for the crypto space, but says the industry should stand the test of time if its focus shifts towards building “real utility.”

25.11 / 17:11

Provident BTC Platform Bitcoin Cloudbet Review, Bonuses & Promo Codes 2022

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