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Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia
8.11.2023
Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses
5 nations challenge crypto experts and investigators to target tax crimes
3.11.2023
The J5 generates significant leads through events, which, in the past, has helped uncover multi-million-dollar crypto Ponzi schemes such as the BitClub Network
Australia Government Wants Crypto Exchanges to Possess a Financial Services License
17.10.2023
Australia-based crypto exchanges may soon be required to hold a financial services license issued by the Australian Securities and Investments Commission. The Australian government expects to have the draft legislation ready in 2024. According to the proposals, crypto exchanges will be given...
Australia open to idea of CBDC as future of money: RBA
16.10.2023
The RBA assistant governor in his speech noted that the pilot CBDC projects have highlighted several key areas where CBDCs could be of great use
Australia Proposes New Licensing Regime for Crypto Exchanges, Aims for Draft Legislation by 2024
16.10.2023
Australia expects to release a draft legislation which covers licensing and custody rules for crypto asset providers by 2024
Aussie crypto exchanges look to new licensing regime with cautious optimism
16.10.2023
Australian crypto exchanges have largely praised the Treasury’s latest proposal to place crypto exchanges under the existing financial services license regime, though some worry it could box the crypto industry into a TradFi-shaped box
Australia's Government Calls for Digital Asset Platforms to Abide by Existing Financial Regulations
16.10.2023
The Australian government has unveiled a proposal aimed at imposing stricter regulations on cryptocurrency trading platforms, with a focus on enhancing oversight of customer funds.
The proposal, released on Monday, suggests subjecting digital asset platforms to the same laws that govern other...
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
Mastercard announces successful wrapped CBDC trial results
12.10.2023
The experiment demonstrated that CBDCs could be wrapped to purchase NFTs on blockchains such as Ethereum
Report: Australian Police Seize Crypto Worth $1.5 Million From Dark Web Drug Dealer
10.10.2023
The police in the Australian state of South Australia recently seized cryptocurrency worth $1.5 million from an alleged dark web drug dealer. Police also recovered a “large quantity” of the synthetic opioid nitazene as well as tens of thousands of dollars in cash. ‘Illicit...
Exclusive: Reserve Bank of Australia’s Approach Towards Issuing eAUD is “Multifaceted,” Says Canvas Head David Lavecky
9.10.2023
A recent report from the U.S.-based Atlantic Council think tank revealed that a total of 130 countries are now exploring central bank-issued digital currencies (CBDCs). Over half of those are already in advanced development, pilot or launch phases.
However, when it comes to Australia, the process...
Ripple in Preliminary Talks with Australian Freight & Trade Alliance for Future Partnership
6.10.2023
Paul Zalai, Director of the Australian Freight & Trade Alliance (FTA), disclosed the possibility of a future partnership with San Francisco-based fintech firm Ripple during an interview with TLG.
The news comes at an opportune moment for Ripple, which has been looking to expand its global...
South Australian Police Seizes $1.5M in Crypto From Man Charged With Drug Trafficking
5.10.2023
South Australian police have apprehended a 25-year-old man from Adelaide Hills on charges of drug trafficking and money laundering, with approximately $1.5 million worth of crypto seized during the operation.
The accused individual operated multiple vendor profiles on the dark web, selling various...
Bitcoin drives digital asset inflows for the first time in 6 weeks: Report
3.10.2023
But Solana was the only other major asset to show inflows for the week
Australian Man Who Spent $6.7M Erroneous Crypto.com Refund Faces Theft Charges, Guardian Reports
25.9.2023
Jatinder Singh and his partner bought four houses, cars, artwork and other luxurious items with money they received due to an accounting error by Crypto.com, according to the Guardian
Australian Man Who Spent $6.7M Erroneous Crypto.com Refund Faces Theft Charges, Guardian Reports
25.9.2023
Jatinder Singh and his partner bought four houses, cars, artwork and other luxurious items with money they received due to an accounting error by Crypto.com, according to the Guardian
Couple Inadvertently Receives $10.5M from Crypto.com; Plea Hearing Scheduled for October
25.9.2023
A Melbourne couple is set to face a plea trial in October for a theft charge after inadvertently receiving 10.5 million Australian dollars ($6.7 million) from Crypto.com in 2021.
The couple, who received the funds by mistake, proceeded to spend the money before the error was discovered.
The...
Regulator Sues Crypto Exchange Kraken Provider in Australia
22.9.2023
Australia’s securities regulator has initiated civil proceedings against Bit Trade Pty Ltd, an entity providing Kraken services to Australian users. According to the government agency, the company failed to comply with regulatory obligations meant to ensure proper consumer protection. Australian...
ASIC Initiates Civil Proceedings Against Bit Trade for Alleged Compliance Failures
21.9.2023
Australia's regulatory body, the Australian Securities and Investments Commission (ASIC), has initiated legal proceedings against Bit Trade Pty Ltd, the provider of the Kraken cryptocurrency exchange for Australian users, for breaching design and distribution obligations related to its margin...
ASIC Initiates Civil Proceedings Against Bit Trade for Alleged Compliance Failures
21.9.2023
Australia's regulatory body, the Australian Securities and Investments Commission (ASIC), has initiated legal proceedings against Bit Trade Pty Ltd, the provider of the Kraken cryptocurrency exchange for Australian users, for breaching design and distribution obligations related to its margin...