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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A Western Sydney man was charged for allegedly attempting to import a variety of illicit drugs, purportedly by acquiring them on the deep web with crypto. According to an Aug. 29 Australian Federal Police announcement, the 23-year-old
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Australia’s Senate Committee on Economics Legislation has concluded its review of the “Digital Assets (Market Regulation) Bill 2023,” initially introduced by Senator Andrew Bragg. The committee’s report, released on Sep. 4, calls for certain amendments to
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Australia’s Senate Committee on Economics Legislation has finally provided feedback to the cryptocurrency bill introduced by senator Andrew Bragg.The committee on Sept. 4 reported on the draft bill referred to as “The Digital Assets (Market Regulation) Bill 2023,” asking the bill authors to add some amendments.The Senate particularly concluded that
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied ASIC, Australia’s financial watchdog, has announced a new four-year plan prioritizing consumer protection against digital scams, including cryptocurrency-related frauds. ASIC, the Australian Securities and Investments Commission, has unveiled a new four-year strategy aimed at shielding consumers and
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The CEO of Australian crypto exchange Independent Reserve says it has turned to payments giant PayPal to hedge against increasing bank restrictions against crypto exchange payments.The exchange has partnered with PayPal to enable an on-ramp that will give Independent Reserve’s customers the ability to fund their crypto accounts directly with
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Australia's central bank has completed it's pilot of a central bank digital currency (CBDC) exploring use cases for a potential e-AUD, finding its useful in four main areas including enabling complex payments and asset tokenization.The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) unveiled their
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Australia’s financial regulator has sued trading platform eToro over one of the leveraged trading products it offered to retail investors, alleging inappropriate screening tests caused thousands of users to lose money.The Australian Securities and Investments Commission (ASIC) said on Aug. 3 it commenced Federal Court proceedings over eToro’s contract for
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a significant turn of events, authorities in Australia have launched a surprise raid on the premises of Binance, the world’s largest cryptocurrency exchange, Bloomberg reported today. According to the report, this action comes as part of
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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.Speaking to Cointelegraph, Dan Chesterman, the ASX’s CIO and group executive of technology and data said while there are hurdles for it to directly list
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