Australia

Australia to Review How Crypto Assets Are Managed
Australia’s new government, led by Prime Minister Anthony Albanese since May 23, will prioritize “token mapping” work in 2022 to “improve the way Australia’s regulatory system manages crypto assets, to keep up with developments and provide greater protections for consumers,” Australian Treasurer Jim Chalmers said via Twitter.

Australia to Use 'Token Mapping' as Framework for Crypto Regulation
Australian Treasurer Jim Chalmers says the aim is to keep up with developments and protect consumers.

Crypto’s Institutional Boost
Institutional interest in crypto on the rise, with BlackRock’s bitcoin fund as one example. What signal is that institutional interest giving to investors? Australia proving attractive to the crypto sector. More on those stories in this special edition of "The Daily Forkast."

Reserve Bank of Australia Starts Pilot to Explore CBDC Use Cases
Australia's central bank plans to create a CBDC that will operate in a ring-fenced environment.

Crypto-Miner Mawson Says CFO Resigns
The company appointed Ariel Sivikofsy as a consultant until it selects a replacement.

Crypto Exchange Huobi Now Able to Operate in Australia
Huobi has received a registration with the Australian Transaction Reports and Analysis Centre.

Australian Central Bank Chief Believes Regulated Private Tokens Could Be Better Than CBDCs: Report
Governor Philip Lowe spoke at a panel discussion at the G20 finance officials' meeting in Indonesia on Sunday.

Australian Crypto Exchange Banxa Lays Off 70
The company cited the "crypto winter" for the move that reduced its staff by 30%.

Bitcoin Miner Mawson Exchanges Mining Rigs for Stake in Tasmanian Data Center
The move comes as more miners have begun using alternative sources of funds to support their expansion.

CoinDesk Confidential: Loretta Joseph
The veteran fintech consultant at Financial Services Commission (FSA) Mauritius answers our questionnaire ahead of Consensus 2022.

