ASIC


Policy

Coinbase Concerned About 'Ongoing Regulation by Enforcement' in Australia, Despite 'Healthy' Regulator Talks

Last month, a senior regulator warned an audience of industry goers to fall in line with the precedents set in the recent cases it has filed against crypto entities.

Coinbase (PiggyBank/Unsplash)

Policy

Australia's Treasury to Include Stablecoin Rules in Crypto Bill Draft, ASIC's Warning For Crypto Entities

"How recently have you consulted with your lawyers about where the law currently?" asked an ASIC representative while speaking to an audience of crypto industry-goers.

Sydney Opera House in Australia (Stanbalik/Pixabay)

Finance

Bitcoin Miner Bitdeer to Buy ASIC Chip Designer Desiweminer for $140M in All-Stock Deal

Bitdeer agreed to acquire all outstanding shares in Desiweminer for a consideration of 20 million Class A ordinary BTDR shares on June 3.

(Bitdeer Group)

Policy

Australian Regulator Scolded Over 'Misleading' Release, Must Pay Costs as Block Earner Avoids Penalty

Block Earner doesn't need to pay a penalty because it acted honestly in seeking to engage with government over regulation of crypto-related products and services.

Sydney Opera House in Australia (Stanbalik/Pixabay)

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Policy

Australian Court Hands Win to Market Regulator in Case Against Qoin Blockchain, But There is a Catch

Part of this case was ASIC's allegation that the Qoin Blockchain and the Qoin Wallets constituted one single scheme but the court disagreed.

Sydney, Australia. (Photo by Johnny Bhalla on Unsplash)

Policy

Australian Court Hands Over $41 Million of Crypto Held by Blockchain Mining Group at Regulator's Request

The court order came after markets regulator ASIC said the companies broke Australian law and provided financial services without a licence.

Sydney Opera House in Australia (Stanbalik/Pixabay)

Policy

Australian Court Dismisses Lawsuit by Market Regulator Against Finder in 'Landmark' Ruling for Crypto Industry

The court found that The Australian Securities and Investment Commission (ASIC) did "not establish that the Finder Earn product is a debenture" and ordered it to pay the defendant’s costs.

Sydney Opera House in Australia (Stanbalik/Pixabay)

Policy

Australian Judge Hands Split Decision in Market’s Regulator vs Block Earner

The court will determine the fine Block Earner will have to pay during a scheduled hearing on March 1, 2024.

Sydney Opera House in Australia (Stanbalik/Pixabay)

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Policy

Australian Treasury to Question Regulator Over HyperVerse Crypto Scheme: Report

"It seemed pretty clear that there should have been concerns raised about… this operation,” Stephen Jones said.

Sydney, Australia. (Photo by Johnny Bhalla on Unsplash)

Finance

Blockstream Preps New Sale of Notes Designed to Profit From Rebounding BTC Mining-Rig Prices

Blockstream's BASIC note is a bitcoin-denominated investment vehicle to accrue gains from the price of ASIC mining equipment, which Blockstream anticipates will rise post-halving.

ASIC Miners (Sandali Handagama/CoinDesk)

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