Why Australia’s $17B crypto opportunity depends on regulation

In recent developments, australia’s A$24B digital asset opportunity hinges on regulation. Clear rules could drive tokenized markets, faster payments and institutional investment. Looking closer, market participants highlight key drivers such…

Australia’s Own Impact Analysis Undercuts Landmark Gambling Ad Crackdown as…

In recent developments, australia’s own impact assessment projects its landmark gambling advertising restrictions will reduce national wagering expenditure by AUD 62.7 million per year, or roughly 0.8 percent of total…

Coinbase plans expansion to stock trading in Australia after securing license

In recent developments, australia passed legislation on April 1, bringing digital asset and tokenized custody platforms under its financial services licensing regime. Looking closer, market participants highlight key drivers such…

Australia passes digital asset bill bringing crypto platforms under licensing

In recent developments, australia passes a law requiring crypto exchanges and custodians to obtain financial services licenses as the country moves to regulate digital asset platforms. Looking closer, market participants…

Australia fines local Binance unit $6.9M over client onboarding failures

In recent developments, an Australian court ordered Binance Australia Derivatives to pay $6.9 million after misclassifying retail clients and exposing them to high-risk crypto products. Looking closer, market participants highlight…

Australia’s Digital Asset Bill Gains Momentum With Senate Committee Approval

In recent developments, australia just looked at crypto chaos, sighed, and decided it would rather regulate the circus than keep pretending it’s not in town. Australia Eyes Regulated Crypto Future…

Australia warns of AI, ‘finfluencers’ as Gen Z crypto ownership hits 23%

In recent developments, australia’s securities regulator said two-thirds of Gen Zs are using social media to make decisions about their financial future, leading to “riskier” financial decisions.  Looking closer, market…

Binance Australia brings fiat back after being debanked for 2 years

In recent developments, since mid-2023, Binance Australia users have only been able to deposit or withdraw fiat funds from their crypto exchange accounts via debit or credit card. Looking closer,…

New Broker Targets Crypto Investors Seeking Property Ownership in Australia

In recent developments, a dedicated mortgage broking service for cryptocurrency investors has been launched in Australia, aiming to help holders of digital assets translate their crypto wealth into property ownership.…

Australia moves forward with bill to regulate crypto under finance laws

In recent developments, australia has taken another step to introduce legislation that will subject crypto platforms to the same laws and licensing obligations as financial institutions. Looking closer, market participants…