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Today in Crypto: Nifty's Shuts Down, eToro's Australian Entity Sued by Markets Regulator, Tel Aviv Stock Exchange Signs 'Ground-breaking' Deal with Fireblocks, Aventus Partners with Vodafone

3.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Nifty's Shuts Down, eToro's Australian Entity Sued by Markets Regulator, Tel Aviv Stock Exchange Signs...

eToro Sued by Australia's Market Regulator for Leveraged Product

3.8.2023
Social investing platform eToro's Australia entity (eToro Aus Capital Limited) has been sued by Australia's markets regulator

Australia's Bendigo Bank blocks high-risk payments to crypto exchanges

31.7.2023
Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges

Global Crypto ATM Resurgence: Net Growth Rebounds After Initial 2023 Slump

26.7.2023
In the wake of over 5,000 crypto ATMs being taken out of service during the initial four months of 2023, the past four months have witnessed a resurgence in global crypto ATM installations. Crypto ATM Landscape Rebounds After Downturn Ever since the debut of the first bitcoin ATM in Vancouver...

Meta Platforms fined $14 million for Onavo privacy issues: Report

26.7.2023
The decision in an Australian court was driven by increasing concerns about illicit activities in the crypto market and the desire to safeguard investors

Coinbase Executive Tasks Australian Regulators To Speed Up Legislations To Remain Competitive

25.7.2023
Coinbase Chief Policy Officer Faryar Shirazad has noted the importance of regulatory clarity in Australia to position itself as a major web3 hub. Shirazad made the call to lawmakers at a Senate hearing on July 25 as they debated a crypto bill drafted to regulate different spheres of the market...

Blockchain Australia CEO highlights repercussions to Government actions

24.7.2023
LUNA tanked 99.7% in 2022. The entire crypto ecosystem crashed in a couple of days. The result was that users either ended up losing their money or had to incur heavy losses. This triggered regulators across the globe to start drafting stricter laws for crypto ventures. This has been taken with...

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...

Australia's financial regulator cancels license for FTX's local entity

19.7.2023
ASIC had previously suspended FTX's license to operate in Australia, now the securities regulator has canceled it entirely

National Australia Bank Halts Payment to Crypto Platforms Where Scams Are ‘More Prevalent’

17.7.2023
National Australia Bank (NAB), one of the ‘big four’ banks in the nation, has blocked some payments to “high-risk” crypto exchanges, where scams are “more prevalent.” In an official statement, detailing new measures to protect customers from scams, NAB identified crypto scams as...

National Australia Bank joins crypto exchange boycott, cites ‘scams’

17.7.2023
National Australia Bank is the latest bank to announce blocks on certain cryptocurrency exchanges, citing the high risk of scams

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

From Thailand to South Africa, regulators tighten their grip on crypto: Law Decoded, July 3–10

10.7.2023
South Africa’s financial regulator has announced that all crypto exchanges in the country must obtain licenses by the end of 2023

Report: Crypto Industry Boasts 10,000 Companies and 190,000 Professionals With a Collective Valuation of $180 Billion

9.7.2023
A recent report released by K33 Research three days ago reveals that as of July 2023, the cryptocurrency industry boasts approximately 10,000 companies, employing an estimated 190,000 crypto professionals. Notably, K33 provides a comprehensive snapshot of the crypto landscape, highlighting that...

Binance Australia Under Investigation, Offices Searched by Regulator

5.7.2023
Australia's financial regulator has visited Binance offices as part of an ongoing probe into the company's defunct local derivatives business. On Tuesday, officials from the Australian Securities and Investments Commission (ASIC) conducted searches at Binance Australia's offices, Bloomberg...