Australia

Australia

Policy

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.

Sydney Opera House in Australia (Stanbalik/Pixabay)

Policy

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.

Parliament house, Canberra, Australia. (Unsplash)

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)