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ANZ, one of Australia’s “Big Four” banks, will cease facilitating withdrawals and deposits from a number of its Australian branches as it looks to push its customers toward using an ever-dwindling number of ATMs and deposit machines.The decision has received pushback, with critics such as Patricia Sparrow, CEO of the
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Seychelles-based crypto exchange OKX has signaled its intention to expand its crypto services to Australia, a country it believes is primed to take on the next wave of crypto adoption.The trading platform explained in a March 29 statement that Australia would be a key growth market for the firm moving
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A new bill has been introduced to the Australian parliament proposing regulations for the provision of cryptocurrency services in the country.Senator Andrew Bragg submitted a private senators' bill titled Digital Assets Bill 2023 to ‘protect consumers and promote investors’, which includes regulatory recommendations for stablecoins, licensing of exchanges and custody
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The collaboration between both entities to enhance USDC payment might attract some forms of skepticism owing to the Fear, Uncertainty, and Doubt (FUD) surrounding Circle, USDC, and the exposure to the three US banks that collapsed in the past week. American multinational financial services firm Mastercard Inc (NYSE: MA) has entered
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The trade association for the Australian banking industry — Australian Banking Association (ABA) — launched a cost of living inquiry to closely study the impact of the COVID-19 pandemic, global supply chain constraints and geopolitical tensions, among others, on Australians.An analysis of the rising inflation and concurrent collapse of three
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The Reserve Bank of Australia (RBA) and Treasury have been holding private meetings with executives from Coinbase, with discussions revolving around the future of crypto regulation in Australia.Responding to Cointelegraph’s request for comment, an RBA spokesperson confirmed recent reports that these private meetings had occurred, stating that Coinbase met with
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“We heard feedback from a lot of these consumers that they were watching more tennis than they ever watched before,” Ridley Plummer, who heads up the Web3 strategy for the Australian Open, said. “Wherever they were in the world, they were either getting up early, or staying up late, to
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In a document dated August, three months after Anthony Albanese defeated the coalition administration of Scott Morrison, the Treasury reveals how some stakeholders might be disappointed with a "perceived delay in implementing a licensing regime" but viewed the concerns as "somewhat mitigated" by the collapse of several crypto companies and
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The Information Commissioner’s Office (ICO) and the Australian Communications and Media Authority (ACMA) have signed a Memorandum of Understanding (MoU), which formalises their commitment to work together on protecting people from unwanted nuisance calls and spam messaging. The ICO
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