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Nalezeno "australian": 127

Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms

15.4.2024
The Australian Securities Regulator has launched civil proceedings against three cryptocurrency firms. These firms are accused of convincing investors to purchase investment packages using self-regulated superannuation funds. The regulator stated that appointing a receiver is the best way...

Australian Securities Regulator Appeals Federal Court Ruling Favoring Finder Wallet

11.4.2024
The Australian securities regulator has said it will appeal the federal court’s dismissal of its civil penalty proceedings against Finder Wallet Pty Ltd. The regulator launched penalty proceedings against the crypto firm on Dec. 15, 2022, just days after Finder Wallet withdrew its Earn...

Australian Court Sides With ASIC in a Case Pitting the Regulator Against a Crypto Startup

11.2.2024
The Australian Securities and Investments Commission (ASIC) recently prevailed in its case against Block Earner after a court ruled that the crypto startup’s product offering violated the country’s Corporations Act. The judge ruled that the ASIC had “succeeded in establishing...

Australia’s tax agency won’t clarify its confusing, ‘aggressive’ crypto rules

24.11.2023
The Australian Tax Office’s new rules on DeFi are unclear on whether capital gains taxes apply to liquid staking and transferring to layer 2 bridges

Demand for Bitcoin could grow by up to 10X within 12 months: Michael Saylor

11.11.2023
The MicroStrategy co-founder emphasized that demand for Bitcoin will significantly ramp up following the halving next year

Crypto exchanges to fall under TradFi licensing — Australian Treasury proposal

16.10.2023
The Australian treasury's newly-released consultation paper will require to crypto exchanges to apply for financial services licence from the local financial regulator

Australia-Based Crypto Lender Sentenced for False Credit License Claims

21.8.2023
The Australian securities regulator recently revealed that the crypto lending platform Helio pleaded guilty to the allegation of falsely claiming to be a holder of the Australian Credit License (ACL). For admitting to committing the offense, Helio is said to have entered...

Scam Money Is Laundered via Crypto Exchanges — Australian Regulator

17.8.2023
A significant portion of scam money is getting laundered through cryptocurrency exchanges, the CEO of the Australian Banking Association has alleged. The Australian Financial Crimes Exchange said as much as 47% of all fraud and financial scam proceeds in the country are washed on crypto exchange...

Australian Regulator Sues Etoro to ‘Protect Consumers From High-Risk CFD Products’

4.8.2023
The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against the crypto platform Etoro. The lawsuit relates to Etoro’s contract for difference (CFD) product which ASIC alleges to be in breach “of design and distribution obligations and of Etoro’s license...

Australian financial regulator sues eToro over ‘volatile’ trading products

3.8.2023
The Australian Securities and Investments Commission alleged eToro users with no understanding of CFD product risks could still buy them on the platform

Securities Commission Cancels FTX Australia’s License

21.7.2023
Australia’s securities regulator has canceled the license of the local FTX entity, allowing it to perform only limited financial services. These will be related to the termination of derivatives with clients and arrangements to compensate retail customers. ASIC Revokes Financial Services License...

Another Big 4 Australian Bank Blocks Payments to ‘High-Risk’ Crypto Exchanges

19.7.2023
National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with certain scam-related crypto platforms. Australia’s NAB Bank...

Monochrome revises filing for spot Bitcoin ETF at Aussie stock exchange

14.7.2023
The CEO believes investors will be inclined to seek exposure to Bitcoin in a more familiar, structured and protected regulatory environment

Binance Feels Strain of World’s Regulators Leaping Into Action

7.7.2023
Australian officials directly sought out current and former employees of Binance’s operation there this week, demanding copies of internal communications and data from their personal devices, according to a person familiar with the government’s move against the leading crypto exchange, which marked...