Australia

Australian senator pushes new bill for digital currency regulation
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3 April, 2023

Australian senator pushes new bill for digital currency regulation

If passed into law, the bill introduced by Sen. Andrew Bragg will require all virtual asset service providers to obtain...
OKX eyes expansion into Australia, Hong Kong markets
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2 April, 2023

OKX eyes expansion into Australia, Hong Kong markets

OKX has applied for a license in Hong Kong as it announced a new office in the city; it also...
Australian banks ordered to make daily updates on digital currency exposures: report
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25 March, 2023

Australian banks ordered to make daily updates on digital currency exposures: report

Following the collapse of digital currency-affiliated entities in the U.S., like Silicon Valley Bank, the Australian Prudential Regulation Authority is...
Australian commercial bank launches stablecoin for cross-border transactions
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18 March, 2023

Australian commercial bank launches stablecoin for cross-border transactions

The fully-banked stablecoin will enable transactions across seven leading fiat currencies, including the U.S. dollar, euro, and yen, in an...
Australia eyes 2024 rollout for digital currency legislation, documents reveal
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8 March, 2023

Australia eyes 2024 rollout for digital currency legislation, documents reveal

Internal documents from the Australian Treasury Department revealed 2024 as a potential timeline for new rules, but there are concerns...
Reserve Bank of Australia explores CBDC use cases as it plans ‘live pilot’
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5 March, 2023

Reserve Bank of Australia explores CBDC use cases as it plans ‘live pilot’

Australia and New Zealand (ANZ) bank and the Commonwealth Bank will handle nature-based asset trading of the CBDC pilot, while...
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