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Amid regulatory scrutiny worldwide, global cryptocurrency exchange Binance has announced that it will cease offering futures, options, and leveraged tokens to Australian users in 90 days. Changes Coming to Binance Australia Cryptocurrency exchange Binance announced some changes to its offerings in Australia Tuesday. The exchange will cease offering futures, options, and leveraged
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“We proactively review our product offerings and activities on an ongoing basis, against user demand, evolving regulatory requirements, and future opportunities, to determine changes and improvements,” a spokesperson for Binance told CryptoX via Telegram on Tuesday. Source
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Kraken Australia CEO Jonathan Miller described yesterday’s Bitcoin crash as a natural correction after BTC was “dragged up” by the overheated Ether (ETH) and nonfungible token (NFT) markets.In its August report, Kraken notes that the supply of Ether on centralized exchanges fell to a three-year low of 12.8% at the
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The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led by the Bank for International Settlements, aims to establish whether they can simplify transactions and make them cheaper. Reserve Bank
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The former executive of the first blockchain listed publicly is now the current CEO of Binance Australia. The exchange announced Leigh Travers’s appointment. The new CEO was formerly the chief executive of DigitalX, a locally known blockchain technology and payment enterprise. Leigh Travers served seven years at DigitalX. He also served
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Binance Australia has announced the appointment of Leigh Travers, the former chief executive of local blockchain technology and payments firm DigitalX, as the company’s new CEO.Travers has worked at DigitalX for seven years, and previously served on the board of leading local blockchain industry body, Blockchain Australia. In June 2014,
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The Australian Border Force (ABF), Infocomm Media Development Authority of Singapore (IMDA), and Singapore Customs, along with other industry representations, have concluded a blockchain trial project analyzing the status of the countries' digital verification systems in issuing and verifying trade documents.The collaborative venture was a part of the Australia-Singapore Digital
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With counterfeit Australian coronavirus vaccination certificates circulating online, local experts are calling for the national rollout of a blockchain-based vaccine passport to ensure the efficacy of the country’s “Covid certificate” system.A report in The Australian cites fraudsters who claim to have sold more than 200 fake COVID-19 certificates for $120
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Blockchain Australia, an association representing the local crypto industry, has warned that the country has fallen behind on the regulatory front due to the undue persistence of a dismissive “wild west” narrative.The association has been proactive in its engagement with the state in recent months, as the government continues to
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Blockchain Australia, a leading crypto advocacy group, has written to the Australian government stating three key recommendations that it believes would expand the growing blockchain industry. Safe Harbor for Crypto-Asset Providers The crypto organization submitted its recommendation to the country’s Senate Select Committee on Australia as a Technology and Financial Centre on
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