Australia's central bank has finished testing a central bank digital currency (CBDC) and found it helpful in four key areas, including facilitating complex payments and asset tokenization.
For falsely pretending to have a local credit license, Australian-based cryptocurrency lender Helio Lending was given a one-year good behavior bond.
Key Takeaways The Australian Securities and Investment Commission (ASIC) has taken legal action against the social investing platform eToro, specifically targeting its crypto trading wing for alleged dishonest, inefficient, and unfair execution of its contract for difference (CFD) product. CFDs…
Key Takeaways In a bid to safeguard its 2.3 million customers from potential investment scams, Bendigo Bank, one of Australia’s leading financial institutions, has taken decisive action to block high-risk cryptocurrency payments. Following the footsteps of three of the nation’s…
FTX Australia will still be allowed to provide limited financial services while it wraps up its dealings with clients until July 12 next year.
Due to the increasing risk of scams in the cryptocurrency industry, another significant Australian bank has said it will restrict specific cryptocurrency sites.
Monochrome Bitcoin ETF will offer retail Australian investors the opportunity to have direct exposure to BTC and ETH
ASIC's investigation intended to evaluate Binance's client categorisation in its derivatives business.
Binance Australia has stopped accepting bank transfers for deposits and withdrawals of Australian dollars.
Matteo Salerno, the company director, expressed that relaunching the exchange under this arrangement would result in a more favorable outcome for creditors compared to liquidation.
