Australia
Australia Releases Token Mapping Consultation Paper, Plans to Reveal Crypto Rule Framework in 2023
The move was announced in August by Prime Minister Anthony Albanese's new government .
Australian Regulator Had Internally Raised Concerns on FTX
56 documents published by ASIC shows that the regulator was assessing some products offered by FTX in the country.
Australian Crypto Exchange Digital Surge to Pay Back Creditors After Losing $33M on FTX
More than 22,000 of its customers have had their digital assets frozen since Nov. 16.
National Australia Bank Becomes Second Australian Bank to Build Stablecoin: Report
The stablecoin will launch on the Ethereum and Algorand blockchain.
Australian Crypto Exchange Swyftx, Share Trading Platform Superhero Abandon Merger Plan
The regulatory environment is not one in which mergers of traditional businesses and crypto-native companies can easily take place, one lawyer said.
Australia Moves to Tighten Safety Around Crypto in 2023
Australia's Treasury has invited feedback for a consultation paper that will include a framework for regulating crypto service providers.
Australian Crypto Exchange Swyftx Cuts 90 Jobs, Reducing Workforce by 35%
The exchange said that it doesn't have any direct exposure to FTX, although the job cuts are a result of the crypto downturn caused by FTX.
Australia's Markets Watchdog Sues Fintech Company Block Earner
The Australian Securities and Investments Commission said the company offered fixed-yield earning products that should be licensed, leaving consumers without important protections.
Startup Arkon Energy Raises $28M to Further Expand Into Bitcoin Mining
The Australian company also bought Hydrokraft AS, a renewable energy-based data center in Norway with up to 60MW of power capacity.
Australian Securities Exchange Cancels Blockchain-Based Clearing System at $168M Cost
The ASX said the decision has been taken "in light of the solution uncertainty."
