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Alchemy Pay announced its successful registration as a Digital Currency Exchange Provider with the Australian Transaction Reports and Analysis Centre as of Jan. 27. This regulatory approval enables Alchemy Pay (ACH) to provide secure and seamless fiat-to-crypto payment services within…
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Niagara Regional Police is collaborating with leading cryptocurrency ATM operators in Ontario to launch a public awareness campaign aimed at combating fraud. On Jan. 21, the Niagara Regional Police Service, based in Ontario, Canada, announced it is partnering with cryptocurrency…
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Two couples of vendors in Ballarat exhibited their 582m² land block for sale, accepting only Bitcoin payments. Why do people sell real estate for crypto, and how does the latter disrupt the real estate market? The land in question The…
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Binance’s Australian arm comes under fire from Australian regulators that accuse the crypto exchange of falsely categorizing local clients as wholesale clients, exposing them to risky crypto assets. According to a press release published on Dec. 18, the Australian Securities…
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AMP has made a $27 million investment in Bitcoin, becoming the first major superannuation fund in Australia to enter the crypto market. AMP Wealth Management, one of Australia‘s largest wealth managers with billions in assets under management, has invested $27…
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Hackers have compromised the personal data of over 58,000 customers of United States-based Bitcoin ATM operator Byte Federal. According to a filing with the Maine Attorney General’s office, Byte Federal was breached on September 30 by an unknown attacker who…
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Kraken’s Australian entity, Bit Trade, is facing a multi-million fine for failing to comply with rules requiring a target market determination for its margin extension product. The Australian operator of the Kraken crypto exchange, Bit Trade, has been fined AUD…
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Australia’s blockchain industry dropped 14% this year, but changes in ETF regulations and lower interest rates could still help spark a recovery, analysts say. The Australian fintech landscape has seen a drastic decline as the number of active blockchain firms…
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Australia has established a task force to crack down on cryptocurrency ATM providers that do not comply with the nation’s anti-money laundering laws. The Australian Transaction Reports and Analysis Centre has issued a warning for crypto ATM operators via a…
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Australia’s securities regulator has unveiled proposals for stricter oversight of the crypto market, aiming to enhance “consumer protection.” Australia is moving to tighten oversight of cryptocurrencies, pointing out “practical licensing issues” of stablecoins and wrapped tokens. In a Dec. 4…
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Australia, with the world’s most significant number of crypto ATMs, seeks advice from an international organization on implementing crypto taxation. The Organization of Economic Cooperations and Development (OECD), which has invented taxation on digital assets framework, was asked by the…
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Cryptocurrency exchange Crypto.com strengthens its presence in Australia with the acquisition of licensed brokerage Fintek Securities, expanding its range of financial products. Crypto.com has acquired Australia-based Fintek Securities, a licensed brokerage regulated by the Australian Securities and Investments Commission, as…
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The Reserve Bank of Australia has launched a consultation on Project Acacia, exploring wholesale central bank digital currency and tokenized asset markets. Australia‘s central bank, the Reserve Bank of Australia, alongside the Digital Finance Cooperative Research Centr is seeking public…
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Crypto exchange Kraken says its wholesale clients can now purchase crypto derivatives via its Australian financial services licensed broker. U.S.-based cryptocurrency exchange Kraken is expanding crypto-based offerings among Australian customers, extending its offerings to eligible wholesale clients seeking exposure to…
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Australian crypto hedge fund manager JellyC has merged with Singaporean Trovio Asset Management in an effort to attract bigger allocations from investors, such as pension fund investment. According to a Bloomberg report on Oct. 23, Australian hedge fund manager JellyC…
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Australia’s securities watchdog has charged the former CEO of defunct crypto exchange Mine Digital for defrauding an investor of $1.47 million. The Australian Securities and Investments Commission has charged Grant Colthup with one count of fraud after a customer of…
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