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Aussie treasurer promises crypto regulation next year amid FTX debacle
17.11.2022
A spokesperson for Australian Treasurer Jim Chalmers said they are closely monitoring the fallout from FTX's collapse
Aussie stock exchange abandons blockchain plans, leaving $170M hole
17.11.2022
The blockchain-backed upgrade in the works for nearly five years has potentially cost Australia’s primary exchange over $170 million
FTX Australia's license suspended as 30K Aussies left in the lurch
16.11.2022
Three members of a Sydney-based investment and advisory firm are assigned to help Australians impacted by the suspension of the local entity of Sam Bankman-Fried’s former crypto empire
Binocs launches Australian Crypto exchanges app
10.11.2022
While cryptocurrency market surges are seen in Australian crypto investors and traders, the Australian Tax Office(ATO) has imposed a few rules and regulations concerning the taxation of crypto exchanges. Although the crypto gains are subject to Capital Gains Tax, the income is considered among...
ASIC's Longo pledges action against certain ‘high-risk’ crypto products
3.11.2022
The chair of Australia’s market regulator has warned that “action will be taken” on financial product issuers who promote risky products to a wide consumer base
Aussie federal budget reaffirms BTC won’t be treated as foreign currency
27.10.2022
The new federal budget states that Bitcoin will fall under the “current tax treatment of digital currencies, including the capital gains tax treatment, where they are held as an investment.”
Australian Markets Regulator Sues Promoter of Crypto Token Qoin
25.10.2022
The Australian Securities and Investments Commission (ASIC) has sued the promoters of the crypto asset Qoin for allegedly running misleading advertisements
ASIC fires industry warning shot as it sues BPS Financial over crypto promo
25.10.2022
The Australian securities regulator is pursuing BPS Financial Pty Ltd for allegedly making false and misleading representations, and engaging in unlicensed conduct
Criminal use of crypto an ‘emerging threat’ — Australian police
25.10.2022
Law enforcement will need to “continually evolve” in order to keep pace with criminals, Australia’s federal police said
Collapsed Australian Crypto Exchange ACX Allegedly Used Customer Funds To Run Business
21.10.2022
An Australian court has heard that Australian cryptocurrency exchange ACX that collapsed last year used customer deposits to fund another part of its business instead of keeping the funds on reserve
Investor Richard Mills Says Economy Is Rushing Into a ‘US Dollar Crisis of Epic Proportions’
20.10.2022
While the U.S. dollar has been extremely robust in recent times, compared to a myriad of fiat currencies worldwide, a number of analysts and economists think the greenback will eventually falter in an inconceivable manner. The owner of aheadoftheherd.com, Richard Mills, published a comprehensive...
Australian Regulator Suspends Holon's Crypto Funds Managed by Gemini
17.10.2022
The Australian security regulator has suspended Sydney-based Asset manager Holon Investments from offering or distributing three crypto funds to retail investors for 21 days
Three Aussie crypto funds halted as regulator cites non-compliance
17.10.2022
Three funds tracking Bitcoin, Ethereum, and FileCoin have been issued interim stop orders by Australia’s market regulator due to "non-compliant" target market determinations
USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’
9.10.2022
In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société...
Australia Issues White Paper for Central Bank Digital Currency
28.9.2022
Reserve Bank of Australia is researching the potential benefits of launching a central bank digital currency. The monetary authority released a white paper outlining its goals and invited interested parties to participate with proposals and suggest pilot projects. Central Bank of Australia to Pilot...
Australian pilot CBDC test for eAUD to commence mid-2023: RBA White Paper
26.9.2022
The key objectives of the project are to identify and understand innovative business models, use cases, benefits, risks, and operational models for a CBDC in Australia
‘Fear of the unknown’ holds back tradfi investors from crypto — Bloomberg analyst
21.9.2022
Bloomberg crypto analyst Jamie Coutts believes it's a “missed opportunity” that traditional asset managers choose not the educate themselves on crypto
P2E gamers, minors not any safer from the tax man, says Koinly
20.9.2022
Earning an income from play-to-earns is “complicated” without tax guidance, advises Australian crypto tax specialists
Australian Senator Proposes Crypto Bill Targeting China's Digital Yuan
19.9.2022
The proposal lays out disclosure requirements for banks that could make China's central bank digital currency available for use in Australia, and seeks to set up licensing frameworks for stablecoin issuers
Australian senator drafts bill aimed at stablecoin, digital yuan regulation
19.9.2022
Senator Andrew Bragg on Monday released a draft bill aimed at regulating crypto exchanges, stablecoins, and the digital yuan