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Australian Securities Exchange Postpones Migration to Blockchain Settlement System Due to Coronavirus Concerns

Australian Securities Exchange Postpones Migration to Blockchain Settlement System Due to Coronavirus Concerns

The Australian Securities Exchange has further postponed the replacement of its current CHESS system with a new blockchain-based settlement system due to coronavirus concerns.

Binance Australia Derivatives Closes Accounts After False Classification

Binance Australia Derivatives Closes Accounts After False Classification

The Australian Securities and Investments Commission would "target" the company's "classification of retail and wholesale customers."

Crypto.com Extends Free Crypto Tax Reporting Services in Australia

Crypto.com Extends Free Crypto Tax Reporting Services in Australia

Cryptocurrency exchange Crypto.com has launched a new crypto taxation service for Australian recently, enabling their clients to import their crypto transaction to generate a report and file to the government.

Crypto.com Signs 5-Year Deal with Australian Football League, Worth $25m Sponsorship

Crypto.com Signs 5-Year Deal with Australian Football League, Worth $25m Sponsorship

Crypto.com announced that has signed a five-year partnership agreement with the Australian Football League, sponsoring it for $25 million to develop sports business.

Australia Surpasses Asia in Crypto ATM Installations

Australia Surpasses Asia in Crypto ATM Installations

Australia has surpassed Asia in the total number of crypto ATMs installed, with 364 machines as of January 2023. The country has consistently added Bitcoin ATMs over the last eight months and is on a crypto ATM installation spree. Internal documents from Australia’s Department of the Treasury suggest that crypto legislation is on the horizon.

Australia Announces 'Token Swap' Campaign to Accelerate Crypto Regulation

Australia Announces 'Token Swap' Campaign to Accelerate Crypto Regulation

Australian federal government will implement a “token mapping” exercise to inform future regulation of the country’s crypto assets, laying the groundwork for “determining how crypto assets and related services should be regulated.”

Huobi to Expand Footprints in Australia, Seeking Regulatory Approval for Crypto Trading

Huobi to Expand Footprints in Australia, Seeking Regulatory Approval for Crypto Trading

Huobi Global is trailing the same footprints as its counterparts as it filed its application to be registered as a digital currency exchange provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC).

Western Australian Police Force Seized 1.5 Million Worth of Crypto in a Drug Investigation

Western Australian Police Force Seized 1.5 Million Worth of Crypto in a Drug Investigation

The Australian Border Force (ABF), the Western Australian Police Force announced that the team has arrested a 27-year-old man and a 25-year-old woman over drug probe, seizing and frozen an incredible amount of 1.5 million worth of cryptocurrency found in the electronic device held by the culprits.

Australian Senator Proposes Digital Asset Regulation Bill

Australian Senator Proposes Digital Asset Regulation Bill

Senator Andrew Bragg has proposed a Digital Assets (Market Regulation) Bill 2023 to regulate cryptocurrency services in Australia. The bill recommends stablecoin regulations, licensing of exchanges, and custody requirements to protect consumers and promote investment.

1 Million Aussies to Enter Crypto Over the Next 12 Months, Says Swyftx Survey

1 Million Aussies to Enter Crypto Over the Next 12 Months, Says Swyftx Survey

A study suggests that Australians are looking for alternative investment opportunities during a time of rising turbulence in international markets.

Australian Banks Ordered to Report Crypto Transactions

Australian Banks Ordered to Report Crypto Transactions

The Australian Prudential Regulation Authority (APRA) has ordered local banks to report on cryptocurrency transactions amid concerns over the contagion of recent banking collapses, including that of Silicon Valley Bank (SVB). The regulator is seeking more information and insight into banking exposures to crypto assets and associated risks.

How Bitcoin Donations Supported the Noble Cause of Taming Australian Bushfires

How Bitcoin Donations Supported the Noble Cause of Taming Australian Bushfires

The harm caused by the Australian bushfires necessitated immediate response, and the Crypto Fire Alliance, a group of Australian and international blockchain and cryptocurrency businesses, stepped in to curb the situation through philanthropy.

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