Month: August 2025

SOURCE: rollcall.com

US House Ties CBDC Ban to Defense Policy Bill

In a significant move impacting the future of digital currency, the US House of Representatives has inserted a sweeping provision into its annual defense policy legislation that would prohibit the Federal Reserve from developing or issuing a central bank digital currency (CBDC). The updated version of HR 3838—the House’s draft ...

source: webopedia.com

ASIC Ramps Up Online Scam Crackdown as Crypto Frauds Persist

Australia’s corporate watchdog is intensifying its war on online scams after removing more than 14,000 fraudulent websites since mid-2023, with thousands linked to cryptocurrencies. The Australian Securities and Investments Commission (ASIC) revealed on Thursday that over 3,000 of those takedowns involved crypto-related scams, alongside a mix of phishing sites and ...

source: linkedin.com

AUSTRAC Orders Independent Audit of Binance Australia Over AML Concerns

Australia’s financial intelligence agency, AUSTRAC, has ordered Binance Australia to undergo an independent audit following concerns over the exchange’s anti-money laundering and counter-terrorism financing (AML/CTF) controls. The directive, announced on August 22, targets Investbybit Pty Ltd, Binance’s local entity registered as a digital currency exchange provider. Despite Binance’s status as ...

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CBDC Conference
9 Sep 25
Nassau

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