The Australian Securities and Investments Commission (ASIC) has taken legal action against Guo, a former executive at ACX, following the sudden collapse of the cryptocurrency exchange. The company […]
Australia Stays Open to Rate Cuts as Inflation Remains High, NZ Cuts Rate
Australia maintains room for further interest rate cuts despite holding onto inflation at 2.4% in April, while New Zealand’s Reserve Bank lowered its benchmark rate by 25 basis […]
Australian Regulator Takes Former Blockchain Global Director to Court
The Australian Securities and Investments Commission (ASIC) has filed civil action against Liang “Allan” Guo, the former director of Blockchain Global. Allegations pertain to multiple breaches of directors’ […]
550 BTC: Monochrome Bitcoin ETF Holdings Surge in Australia
Monochrome Asset Management’s Bitcoin ETF has achieved a significant milestone, reaching 550 BTC in holdings within the Australian market. This expansion signals growing institutional and retail interest in […]
Boomers Fuel Rapid Bitcoin Adoption in Australia
The Australian market is experiencing a surge in Bitcoin adoption, with Boomers emerging as the fastest-growing demographic of investors. This trend underscores the increasing global interest in cryptocurrencies […]
Aussie Boomers Embrace Bitcoin, Becoming Fastest-Growing Segment of Investors
Australia’s Baby Boomer generation is experiencing a surge in Bitcoin investment activity, marking them as the fastest-growing segment within the cryptocurrency market. This unexpected trend reflects older Australians’ […]
ASIC Appeals Ruling in Block Earner Case to Determine Crypto Product Definition
Australia’s securities regulator, the Australian Securities and Investments Commission (ASIC), has appealed a previous Federal Court ruling that favored fintech firm Block Earner. The core dispute centers on […]
ASIC Appeals Block Earner Crypto Ruling to High Court
The Australian Securities and Investments Commission (ASIC) has escalated its dispute with crypto startup Block Earner by appealing a Federal Court decision that allowed the company to offer […]
Australia’s Regulator Seeks High Court Review of Block Earner Ruling
Australia’s financial regulator, the Australian Securities and Investment Commission (ASIC), will seek permission from the High Court to challenge a lower court ruling that favored fintech firm Block […]
Australia Joins Forces with Ripple to Unleash $12 Billion in Tokenized Assets
Australia is taking a leading role in the global digital economy by forging a strategic partnership with Ripple, aiming to embrace tokenized assets. This collaboration, detailed in a […]
Australia Embraces XRP Adoption: A Look at the Growing Landscape
Australia’s commitment to digital asset adoption has recently gained significant momentum, fueled by collaborative efforts with Ripple and the advancement of XRP-based technologies. Crypto Sensei (@Crypt0Senseii) highlighted this […]
RBA Cuts Interest Rate to 3.85% in Response to Economic Conditions
The Reserve Bank of Australia (RBA) has lowered its benchmark interest rate by a quarter-point, bringing it down to 3.85%. This adjustment follows market predictions and reflects the […]
Millions in Crypto Refunds Possible After Australian Court Ruling
A landmark court ruling in Australia could significantly impact how cryptocurrencies, including Bitcoin, are taxed. The case involved stolen Bitcoin, where a judge ruled that the cryptocurrency should […]
Australian Authorities Seize Millions in Assets Linked to Crypto Crimes
Australian authorities have confiscated over AU$2.88 million worth of assets belonging to a man suspected of involvement in crypto-related crime. The seizure, led by the Australian Federal Police’s […]
IOTA Foundation Proposes Web3-Compatible AML Regulations in Australia
The IOTA Foundation has voiced its commitment to collaboration with Australian regulatory bodies on crypto compliance initiatives. As the cryptocurrency market continues to grow, regulation is evolving alongside […]