Tags: Australia

Thevamanogari Manivel was sentenced to 18 months of community corrections with six months of unpaid community work, while her husband will face a plea trial in October.

ASIC takes legal action against Bit Trade Pty Ltd for breaching design and distribution obligations (DDO) in margin trading, causing customer losses.

ASIC Initiates Civil Proceedings Against Bit Trade for Alleged Compliance Failures

The regulator alleged that Bit Trade — which is the provider for Kraken in Australia — did not make a target market determination before offering its margin trading product to Australian customers.

ANZ Leverages Chainlink’s Protocol to Complete Tokenized Assets Transaction using Native Stablecoin

Today in Crypto: Polygon Launches Phase 0 Towards Polygon 2.0, Ripple Opens Up Liquidity Hub to Brazil & Australia

Ripple disclosed that it expanded to the new regions because of existing solid connections to its other businesses.

ANZ’s banking executive Nigel Dobson says the bank sees “real value” in tokenizing real-world assets on-chain like the Aussie dollar.

Senators Richard Blumenthal and Josh Hawley‘s framework emphasizes that technology companies cannot rely on liability protections to shield them from legal actions.

Today in Crypto: Coinbase is in ‘Final Stages of Selecting Its EU Hub Location‘, Six Projects Get Investments from Base Ecosystem Fund, LBRY Appeals SEC-related Court Decision

Block Earner has unveiled a new crypto-backed loan product for the Australian market, amid an ongoing tussle with a federal regulator over its shuttered Earn product.

Senator Andrew Bragg says rejecting his crypto bill will drive investment away from Australia but lawyers claim it‘s part of a bigger regulatory picture.

Aussies To Be Paid To Understand Crypto Market and Recognize Scam Coins: Swyftx

After facing a series of delays, Australia’s bill on digital asset market regulation has now been rejected by the Committee on Economic Legislation. 

Australian crypto exchange Swyftx said it had identified a rise in demand for crypto education during the bear market as the reason for its launch.

Introduced in March 2023, Australia’s bill on digital asset market regulation has faced a series of report delays by the Senate, and it‘s now been sent back for amendments.

Crypto Regulation: Binance Australia‘s General Manager Ben Rose Provides Perspective on Digital Asset Laws

Today in Crypto: 5-Country Joint Advisory Report Warns About Russian Malware Targeting Crypto Users, IBM Shares 5 Points for Success of Digital Euro

Ben Rose is hopeful that Binance Australia’s banking woes will be relieved by positive regulation in the future.

Responsibility for crypto scams does not only belong to the cryptocurrency industry, it also involves banks, telecoms and social media platforms, Australian exchanges say.

Crypto-focused lawyer Jeremy McLaughlin said the U.S. digital asset industry may re-ignite as the country‘s securities regulator racks up court losses.

A global consumer survey from Salesforce shows a growing distrust toward firms that use AI, while an Australian survey found most believe it creates more problems than it solves.

The new partnership offers investors extra choice and “mitigates the risks” of Australian crypto banking blocks, said Independent Reserve CEO Adrian Przelozny.