FTX Opens Australian Subsidiary
The cryptocurrency exchange FTX announced the establishment of FTX Australia Pty Ltd in Australia as part of its global expansion.
FTX Opens Australian Subsidiary
The cryptocurrency exchange FTX announced the establishment of FTX Australia Pty Ltd in Australia as part of its global expansion.
Australian regulator accuses Facebook of advertising cryptocurrency scams.
The Australian Competition and Consumer Commission (ACCC) has filed a lawsuit against Meta, the owner of Facebook, for publishing misleading, fraudulent advertising featuring celebrities.
Australia to develop regulatory framework for blockchain and cryptocurrencies
The Australian Prudential Regulation Authority (APRA) will tighten the regulatory framework in response to new business models focused on digital assets, the Financial Review reports.
Australian teenager invested in Bitcoin and became a millionaire at 18
The Australian Samuel Snell became interested in investing in cryptocurrencies while still in school, and by 18 had earned his first million.
Survey shows Australian share of crypto investors climbs from 18.4% to 28.8%
The share of Australian residents who bought or held crypto rose from 18.4% to 28.8% over the year, according to PureProfile’s survey for Independent Reserve. The 2021 IRCI shows 28.8% now own or have owned crypto. The share of women owning crypto has doubled. 89% have heard of Bitcoin, Ethereum recognized by 36.7% (up from 23.5%), Ripple 20.3% (up from 13.5%). Bitcoin appeared in 21.1% of portfolios, Ethereum in 11%. The share of women investors rose from 10.3% to 20%. The rest of the report covers regulatory and investor sentiment; see the full piece for details.
Australia outlines plans for CBDC issuance and crypto regulation.
Australia plans to issue its own digital currency while introducing rules for cryptocurrencies. This was stated by Treasurer Josh Frydenberg.
Australian regulator questions CoinSpot over AML/CTF compliance
The Australian Securities and Investments Commission (ASIC) is investigating alleged illicit activity by a company whose owners are suspected of moving investors' funds into cryptocurrencies. The Sydney Morning Herald reports.
Largest bank in Australia sees risk in shunning cryptocurrencies
Commonwealth Bank of Australia (CBA), the largest Australian bank, is more concerned about the risk of being left out of cryptocurrencies than about those associated with the adoption of this asset class. The CBA CEO Matt Comyn said this on Bloomberg TV.
Senator sees DeFi as a major opportunity for Australia
Decentralised finance (DeFi) affords Australia an excellent opportunity to cement its leadership in innovation and economic progress, said Jane Hume, the Australian senator for Victoria.
Australia orders Clearview AI to stop collecting citizens’ data
The Office of the Australian Information Commissioner has demanded that the developer of the Clearview AI facial-recognition system stop collecting citizens' photographs and destroy the data it already holds.We use cookies to improve the quality of our service.
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