Australia’s Own Impact Analysis Undercuts Landmark Gambling Ad Crackdown as New Zealand Delays Similar Action
Key Takeaways: Australia’s OIA projects ad restrictions will cut gambling spending by AUD 62.7M, or 0.8 percent A full ban...
Australia & Oceania
Australia Mandates Financial Services Licenses for All Local Cryptocurrency Exchanges
The Australian government passed new legislation requiring all cryptocurrency exchanges and custodians to acquire financial services licenses. This mandate applies...
Australia Fines Binance $6.9 Million Over Client Misclassification
Binance Hit With $6.9 Million Fine in Australia CaseThe exchange misclassified retail clients as wholesale investors, allowing them to trade...
Tokenization Could Save Australian Economy $16.7 Billion Annually, Aussie Central Bank Reports
Project Acacia FindingsHow much could tokenization save Australia annually?What is the DFMI sandbox and who can join?What are the main...
Australia’s Digital Asset Bill Gains Momentum With Senate Committee Approval
Australia just looked at crypto chaos, sighed, and decided it would rather regulate the circus than keep pretending it’s not...
Ripple Moves to Secure Australian Financial Services License for APAC Payments
Ripple moves to secure an Australian financial services license, positioning its blockchain payments network for deeper expansion across Asia-Pacific while...
Australian Cybercrime Squad Charges Man in $3.5 Million Crypto Scam
Australian detectives have dismantled a major investment scam that defrauded over 190 elderly and vulnerable victims of $3.5 million. The...
Gemini Exchange Exits UK, EU, Australia, Refocuses on America
Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, announced a significant strategic realignment, including workforce reductions and geographic...
IG Group Completes Purchase of Independent Reserve Following Singapore Regulatory Approval
IG Group has finalized its acquisition of Independent Reserve, one of Australia’s leading regulated cryptocurrency exchanges, marking a major expansion...
Australian Federal Court Slams BPS Financial With Heavy Fine for Crypto Misrepresentation
The Australian Federal Court fined BPS Financial $9.7 million for operating its Qoin Wallet without a license and making misleading...
