Australia

Australia digital asset regulations coming in 2023
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16 December, 2022

Australia digital asset regulations coming in 2023

Australia's Treasury plans to establish a framework for the regulation and licensing of digital asset firms, as the government decries...
Reserve Bank of Australia weighs pros and cons of CBDCs amid massive interest from financial firms
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14 December, 2022

Reserve Bank of Australia weighs pros and cons of CBDCs amid massive interest from financial firms

RBA's Brad Jones said while CBDCs present an array of use cases that could promote financial stability, they also exhibit...
Australian exchange Swyyftx axes 40% of workforce due to FTX fallout
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9 December, 2022

Australian exchange Swyyftx axes 40% of workforce due to FTX fallout

Swyftx, which has over 600,000 users, laid off 90 staff members in a restructuring process the founders say is geared...
Australia: Scammers luring digital asset owners with fake paper wallets
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4 December, 2022

Australia: Scammers luring digital asset owners with fake paper wallets

The paper wallets show they have up to $10,000 in digital assets, but require the “lucky recipient” to first send...
Australia’s financial watchdog sues Coinbase-backed Block Earner over unlicensed digital asset services
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26 November, 2022

Australia’s financial watchdog sues Coinbase-backed Block Earner over unlicensed digital asset services

The regulator disclosed that Block Earner, a firm backed by Coinbase and Aave, also operates an unregistered managed investment scheme...
Australian Securities Exchange scraps blockchain settlement over excessive complexity, loses $168M
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22 November, 2022

Australian Securities Exchange scraps blockchain settlement over excessive complexity, loses $168M

A report by Accenture identified several problems with the process, including the need for clearer communication by tech partner Digital...
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