Bitcoin prices have dropped by 20% when traded against the Australian dollar on Binance Australia. The platform users are reportedly converting their cryptocurrency holdings into Australian dollars because of fears that the withdrawal window for nearby banks may close in a few days, preventing users from accessing their funds. Binance ...
Australian cryptocurrency exchanges are addressing concerns following the temporary suspension of Australian dollar services by Binance Australia's payments provider, Zepto, on May 18, 2023. While experts believe the issue is specific to Binance and not widespread, they caution that risks still exist in the industry. BTC Markets CEO Caroline Bowler ...
Westpac, one of Australia's leading banks, has initiated the first phase of its trial of scam prevention tools to combat cryptocurrency-related fraud. The bank aims to introduce a set of tools and safety measures that wil help reduce risks and minimize losses associated with crypto and investment scams. According to ...
The Australian Securities and Investments Commission (ASIC) has terminated the license of Oztures Trading Pty Ltd, which trades as Binance Australia Derivatives, following a focused investigation into Binance's activities in the country. A statement released by ASIC has revealed that as of April 14, 2023, customers of Binance Australia Derivatives ...
OKX, a crypto exchange and Web3 company based in Seychelles, has announced its plans to expand its range of crypto services to Australia. In a statement released on March 29, 2023, OKX revealed that it considers Australia a critical growth market and aims to establish a robust local office to ...
Liberal Senator for New South Wales, Andrew Bragg, has submitted a private bill that proposes regulations for cryptocurrency services in the country to the Australian Parliament. I have now introduced the Digital Assets (Market Regulation) Bill in the @AuSenate. Link to the bill and explanatory statement is enclosed.https://t.co/pkjuNfvE0G — Senator ...
Independent Reserve, an Australian cryptocurrency exchange, is considering opening a branch in Hong Kong as the city strives to establish itself as a major cryptocurrency hub. Independent Reserve already has licenses to operate in Australia, Singapore, and New Zealand. According to reports, Adrian Przelozny, co-founder and CEO of Independent Reserve, ...
