Australia

Highlights: Australia passed a crypto bill requiring exchanges and custody firms to obtain an AFSL licence. The new framework gives ASIC stronger powers over custody, disclosure, settlement, and platform conduct. Smaller firms get exemptions, while the full crypto framework will […]

Highlights: Australia’s Federal Court fined Binance Australia Derivatives A$10 million over major client onboarding failures. Binance admits it wrongly classified 524 retail users as wholesale crypto derivatives clients. Those users lost more than A$12 million without proper protections or dispute […]

Highlights: The Australian Senate has supported a crypto bill that would require digital asset platforms to obtain a financial services license to operate. Industry groups support clearer rules but warn that some definitions may affect wallet and infrastructure providers. The […]

Highlights: Ripple has disclosed its intention to secure an Australian Financial Services License. The move aligns with the company’s expansion plan into the Asia-Pacific region.  Ripple said acquiring BC Payments Australia Pty Ltd will help accelerate its plans. San Francisco-based […]

Highlights: Gemini will exit the UK, EU, and Australia while cutting jobs to focus operations on the US market The exchange plans to shut services in several markets to reduce costs and focus operations on core regions. Gemini confirmed the […]

Highlights: Australia has fined BPS Financial after the court found years of unlicensed Qoin Wallet activity. The Federal Court noted that BPS misled users about approval and token use. ASIC has stepped up enforcement across crypto exchanges and market infrastructure […]

Highlights: ABIB has challenged ABC reporting and is seeking corrections to ensure accurate coverage of Bitcoin in Australia. Australian Bitcoin Group has filed the complaint as media accuracy concerns increase in the growing crypto sector. The new policy reforms will […]

Highlights: Australia has moved to tighten rules for crypto platforms and set clear duties for firms that hold digital assets. The crypto custody bill sets new license paths for exchanges and custody firms. The new rules will guide asset handling […]

Highlights: Australian police warn that crypto scams are rising, using fake reports and stolen details. Scammers pretend as officers and pressure victims with false calls and reference numbers. Authorities stress that real police never request crypto accounts, wallet seed phrases, […]

Highlights: Australia has sanctioned key North Korean hacker groups for stealing crypto to fund illegal weapons projects. Lazarus and other cyber units are facing travel bans as global partners unite to block North Korea’s crypto theft. Hackers linked to Pyongyang […]

Highlights: Trent Merrin is facing charges after police alleged that he stole $140,000 in cryptocurrency. The year-long investigation led to Merrin’s arrest and the seizure of several electronic devices. Australia has tightened crypto rules as authorities expand efforts to fight […]

Highlights: BlackRock plans to launch its iShares BTC ETF on the ASX in November. IBIT ETF gives Australian investors direct Bitcoin access without managing crypto themselves. The fund adds to BlackRock’s growing range of cryptocurrency investment products. BlackRock, the world’s […]