Search

Nalezeno "The Australian": 652

SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’

14.12.2022
On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt to release SBF on bail with an ankle bracelet. Amid the lengthy court hearing reports detail that SBF’s parents...

Australian 'token mapping' consultation paper to release in early 2023: Treasurer

14.12.2022
The consultation paper will give an insight into how certain crypto assets should be regulated alongside frameworks for company licensing, asset custody and consumer protections under token mapping

Australian CBDC receives unexpected interest but could hurt banks: RBA

8.12.2022
The pilot "eAUD" program is unique in that the Reserve Bank of Australia has not proposed use cases, and has received numerous suggestions from the industry

A loophole allowed FTX to secure its Aussie license without full checks: ASIC's Longo

6.12.2022
ASIC's Joseph Longo pointed the finger at a loophole that allowed FTX to acquire an Australian Financial Services License under its watch

Australian Crypto Exchange Swyftx Cuts 90 Jobs Amid Crypto Winter

5.12.2022
The job cuts would equate to a reduction of almost 45% of Swyftx's workforce

Nobel Prize Laureate Paul Krugman Warns of an Eternal Winter for Blockchain

4.12.2022
Nobel Prize-winning economist Paul Krugman has warned about the possibility of a perennial winter for blockchain projects, including crypto. In a recent article published in the New York Times (NYT), the economist criticizes blockchain as a tech and its uses citing several signs that he believes...

IBM and Australian Stock Market’s Blockchain Projects Failed, a Blow to Private Ledgers

30.11.2022

Loot Boxes Would Be For Adults Only If Australian Bill Passes

29.11.2022
Following the example set by governments in places like Belgium and the Netherlands, an Australian politician has put forward a bill that would, if passed into law, massively restrict the use of loot boxes in video games aimed at children.Read more

Block Earner CEO calls for licensing clarity after being sued for crypto products

24.11.2022
Block Earner CEO Charlie Karaboga said it was a “disappointing outcome” given it had spent “considerable resources” to adhere to existing guidelines

Australian firm raises $28M to expand Bitcoin mining capabilities

17.11.2022
The Sydney-based Arkon Energy secured $28 million in a recent funding round to expand its renewable energy Bitcoin mining operations despite the volatile market

Australian Securities Exchange Cancels Blockchain-Based Clearing System at $168M Cost

17.11.2022
The Australian Securities Exchange (ASX) has cancelled its much-delayed blockchain replacement to its aged Clearing House Electronic Subregister System (CHESS)

Australia Suspends Financial Services License of Local FTX Entity

17.11.2022
Australia’s securities regulator has suspended the license of the Australian unit of the bankrupt crypto exchange FTX until mid-May. According to an issued statement, the platform will be allowed to provide limited financial services until Dec. 19 in order to terminate existing derivatives....

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...