Australia

March 21, 2025

Australia Proposes New Crypto Framework Ahead of Federal Election

As Australia prepares for its upcoming federal election, the government, led by the center-left Labor Party, has unveiled a new crypto regulatory framework. This proposal aims […]
March 06, 2025

Australia’s Federal Election Could Pave the Way for Institutional Crypto Adoption

Australia’s upcoming federal election, set for mid-May, could mark a turning point for institutional crypto adoption, according to OKX Australia’s newly appointed CEO, Kate Cooper. The […]
February 17, 2025

AUSTRAC Cracks Down on Non-Compliant Crypto Exchanges and Remittance Providers

Australia’s Anti-Money Laundering regulator, the Australian Transaction Reports and Analysis Center (AUSTRAC), has ramped up its enforcement efforts, taking action against 13 remittance service providers and […]
December 30, 2024

Australia’s Bitcoin ATM Network Soars, Closing in on Europe’s Total

Australia’s Bitcoin ATM network has been on a steady rise, with monthly installations increasing for over two years. As of December 2024, the country boasts 1,359 […]
December 18, 2024

ASIC Takes Legal Action Against Binance Australia Over Consumer Protection Failures

The Australian Securities and Investments Commission (ASIC) has launched legal action against Binance Australia Derivatives, alleging significant breaches in consumer protection standards. The regulator claims that […]
December 17, 2024

Australia Fines Kraken Operator $5.1 Million for Breaching Market Rules and Failing to Comply with Design Obligations

Australia’s Federal Court has fined Bit Trade, the operator of Kraken Australia, 8 million Australian dollars ($5.1 million) after finding it in breach of market regulations. […]
December 16, 2024

Australia’s Push for AI Innovation: National AI Capability Plan in the Works

Australia is set to develop a National AI Capability Plan to expand its artificial intelligence industry and boost its global competitiveness. The initiative comes as the […]
December 12, 2024

Australian Federal Court Fines Kraken Australia $5.1 Million for Regulatory Breaches

Australia’s Federal Court has fined Bit Trade, the Australian operator of the United States-based cryptocurrency exchange Kraken, 8 million Australian dollars ($5.1 million) following a case […]

Australia Tightens Crypto Oversight with Proposed Anti-Money Laundering Reforms

Australia is moving to bolster its Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) framework with new rules targeting the cryptocurrency industry and other high-risk sectors. Introduced by […]

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