Australia
Australia could unlock A$24 billion in digital finance gains, is on track for just A$1 billion
An OKX-backed report estimates tokenization and digital finance could generate A$24 billion annually, with productivity gains hinging on reforms to licensing, sandboxes and financial market rules.
Australia's corporate regulator flags risks from rapid innovation in digital assets
The Australian Securities and Investments Commission has flagged digital assets and AI risks in its annual report.
Australia’s New Digital Assets Bill Seeks to Prevent Past Crypto Failures
The Australian government introduced digital assets legislation to modernize its financial system and safeguard consumers.
KuCoin Registers With Austrac to Operate in Australia, Adds Fiat On-Ramps
The registration comes as Australian regulators tighten scrutiny on offshore crypto platforms, with ASIC stating that many digital assets may require licensing to operate.
Australia's AUSTRAC Fines Cryptolink as Part of Crypto ATM Crackdown
AUSTRAC has fined Cryptolink 56,340 Australian dollars ($37,000) after identifying "weaknesses" in the company's AML/CTF compliance.
Australian Regulator Signals Broader Digital Asset Oversight Ahead of New Licensing Regime
ASIC said many digital assets are covered by existing financial laws as it readies the ground for impending digital asset platform legislation.
Australia's Government Proposes New Powers for AUSTRAC to Restrict Crypto ATMs
AUSTRAC said that the majority of high-value crypto ATM transactions were directly associated with scams or moving money to high-risk jurisdictions.
Gemini Expands Operations in Australia with AUSTRAC Registration
Gemini's Australia arm is now registered with AUSTRAC.
Australia Looks to Bring Crypto Under Financial Services Framework With New Draft Legislation
Digital asset platforms (DAPs) and tokenized custody platforms (TCPs) will fall under the same bracket as other financial intermediaries.
IG Group Buys Majority Stake in Australian Crypto Exchange Independent Reserve for $72M
The deal aims to strengthen IG’s position in the Asia-Pacific crypto market and complements its recent crypto rollouts in the U.K. and U.S., the firm said.
