Tag: Australia

Quick Breakdown  Asian stock exchanges tighten rules against crypto-focused treasury firms. Regulators reject “cash company” listings lacking real operations. BitMine’s Tom Lee says the DAT boom may have already peaked.   Stock exchanges across India, Hong Kong, and Australia are tightening rules against companies seeking to convert into digital asset ...

Quick Breakdown:  Australia\'s crypto adoption is among the highest globally, but banking barriers are holding it back. Debanking practices by major banks are forcing crypto firms and users offshore. Local players warn that without fit-for-purpose regulation, Australia risks losing talent and capital. The government’s 2025 draft legislation could decide the ...

Quick Breakdown Webull Australia adds crypto trading with 240 tokens via Coinbase Prime partnership Relaunch in the U.S. comes after a two-year hiatus under tougher regulations Firm eyes further international expansion, including Brazil and beyond Webull Brings Crypto to Australian Investors Trading platform Webull has rolled out cryptocurrency services in ...

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 ...

Australia has seen significant growth in the adoption of crypto debit cards, with platforms like Coinbase, Crypto.com, CoinJar, and Wirex leading the charge. These cards bridge the gap between traditional and digital finance by allowing users to spend digital currencies like Bitcoin and Ether. Essentially, they act like conventional debit ...

DigitalX Limited (ASX:DCC), Australia’s leading digital investment manager and the only ASX-listed crypto fund manager, has disclosed its treasury holdings as of 30 June 2025, marking a significant recovery in digital asset markets. The company’s total treasury assets were valued at approximately A$75.6 million, underpinned mainly by Bitcoin’s resurgence and ...

Australia’s financial intelligence agency, AUSTRAC, has introduced strict new rules for cryptocurrency ATM operators as part of a crackdown on scams targeting older Australians. The move follows a sharp increase in fraudulent activities linked to crypto kiosks nationwide. Australia introduces new operating rules and transaction limits for crypto ATM operators ...

A Queensland man has lost control of millions in luxury assets, including Bitcoin, a waterfront mansion, and a Mercedes-Benz after Australian authorities linked them to suspected criminal proceeds. The Australian Federal Police (AFP), through its Criminal Assets Confiscation Taskforce (CACT), announced on May 18 that it had seized 25 Bitcoin, ...

Australia has appointed Tim Wilson as the new Assistant Minister for Technology. This appointment is part of the government's effort to strengthen cryptocurrency regulations and promote innovation in the digital economy, highlighting a commitment to balancing tech advancement with oversight in the crypto sector. The Australian government has been actively ...

Australia’s digital asset industry is showing renewed optimism following the appointment of Andrew Charlton as Assistant Minister for the Digital Economy, Artificial Intelligence, and other emerging technologies. The announcement was made by Prime Minister Anthony Albanese during a press conference in Canberra on May 12, marking a significant shift in ...