Australia

Australia

Markets

Gemini Expands Operations in Australia with AUSTRAC Registration

Gemini's Australia arm is now registered with AUSTRAC.

Australia

Policy

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.

Australia (CoinDesk Archives)

Finance

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.

16:9 Melbourne, Australia (Daniel Bone/Pixabay)

Policy

Australia's Financial Watchdog Offers Exemptions to Stablecoin Intermediaries

The exemptions mean intermediaries do not require a a separate Australian financial services license to distribute licensed stablecoins.

View of Sydney harbor with Habor Bridge and opera house. (Caleb/ Unsplash modified by CoinDesk)

Policy

Binance Australia Directed to Appoint External Auditor Over 'Serious Concerns'

Binance Australia has 28 days to nominate external auditors for AUSTRAC's consideration.

(engin akyurt / Unsplash)

Policy

Australia's Central Bank to Explore Developing Wholesale Tokenized Asset Markets

Issuance of pilot wholesale CBDC for testing the use cases will take place on different blockchain platforms, such as Hedera and R3 Corda.

Australia's government is taking a deliberate approach toward creating crypto laws. (Unsplash)

Finance

Australian Crypto Asset Manager DigitalX Secures Over $13M to Expand Bitcoin Holdings

The funds will be used to increase DigitalX’s bitcoin treasury, bringing its total bitcoin and digital holdings to over 95 million australian dollar.

View of Sydney harbor with Habor Bridge and opera house. (Caleb/ Unsplash)

Finance

Australian Fintech Eightcap Debuts CoinDesk20 CFD for Retail Traders

The CoinDesk 20 Index offers a weighted performance of the largest digital assets

16:9 Melbourne, Australia (Daniel Bone/Pixabay)

Policy

Australia’s Securities Regulator to Probe ASX After Collapsed Blockchain Project

A panel of three experienced finance figures, led by Rob Whitfield, will conduct the inquiry and recommend fixes for any weaknesses found.

View of Sydney harbor with Habor Bridge and opera house. (Caleb/ Unsplash)

Policy

Australia Cracks Down on Crypto ATM Providers as Scammers Target the Elderly

Anti-money laundering regulator AUSTRAC obtained data showing that 72% of all crypto ATM transactions are carried out by people over the age of 50.

View of Sydney harbor with Habor Bridge and opera house. (Caleb/ Unsplash)