🚨 Australia tightens grip on #crypto exchanges! Platforms holding over A$5 million must now obtain a financial-services license from ASIC. Aiming for a secure crypto ecosystem down under? 🦘💼 #CryptoRegulation #ASICoversight
🚀 Mastercard pushes boundaries in Australia! A CBDC pilot sees an NFT purchase on #Ethereum using “locked” CBDC. A merger of traditional finance and blockchain? 🌏 #MastercardCBDC #DigitalFuture
Australia hits the pause button on cryptocurrency regulation as the Senate turns down a key bill aimed at overseeing digital assets. What does this mean for the crypto industry down under? 🇦🇺 #AustraliaCrypto #CryptoRegulation #DigitalAssets
According to a report by #Australian #CryptoExchange #Swyftx, at least 23% of residents in #Australia now own #Cryptocurrency.
🇦🇺 Australia is going cash-free! As paper money becomes a thing of the past, Bitcoin and cryptocurrencies are more vital than ever. A new era of digital finance is here! 💱🚀 #Bitcoin #Crypto #CashFreeAustralia
#Australia removed #AUD 1 billion from circulation this year. Recently, the country finished a #CBDC trial led by a former #Ripple head.
🚨 Australian Regulator ASIC takes legal action against #eToro over their #Crypto CFD product. Allegations include breaches of license obligations and design requirements. Stay informed on the latest regulatory developments. #ASIC #Cryptocurrency #Australia
Former #Ripple global head #DilipRao announced the completion of #Australia #CBDC pilot with the participation of the government and banking sectors.
#Monochrome, an Australian Bitcoin-centered asset management firm, is taking another shot to run licensed spot ETF. #Bitcoin #ETF #Australia #BTC
Westpac Bank puts a halt to Binance trading for its customers. Binance Australia users face restrictions in transferring Australian dollars. An instance of the mounting scrutiny on crypto exchanges. #WestpacBank #Binance #CryptoNews
Australia will regulate cryptocurrency through its Digital Services Act. The law will focus on crypto tax, investor protection, and regulation for exchanges, brokers, etc. FTX also announced that it will open its office in Australia. Australia is mulling over the possibility of launching its own cryptocurrency regulation in a move to keep abreast with other nations. Named the Digital Services Act, this aims to consolidate all reforms put forth by the country’s legislators since late last year. Also, according to various reports, the law will focus on crypto tax, investor protection, and regulation for exchanges, digital banks, and brokers. Financial
