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Australia

Reserve Bank of Australia: CBDC is still some years away
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24 August, 2023

Reserve Bank of Australia: CBDC is still some years away

The Reserve Bank of Australia kicked off a research project into the viability of a CBDC in 2022 and says...
Digital asset lender Helio hit with $10,000 bond in Australia over false licensing claims
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23 August, 2023

Digital asset lender Helio hit with $10,000 bond in Australia over false licensing claims

Helio falsely claimed to possess an Australian credit license in 2019 and has been sentenced to a one-year AUD 15,000...
Australia’s Bendigo Bank bans high-risk digital currency payments for 2.3M clients
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8 August, 2023

Australia’s Bendigo Bank bans high-risk digital currency payments for 2.3M clients

Bendigo Bank admitted that the ban would also affect genuine payments, but it’s a risk it must take following similar...
Australian watchdog charges after eToro over high-risk CFDs offering
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8 August, 2023

Australian watchdog charges after eToro over high-risk CFDs offering

The ASIC says that eToro offered its highly-leveraged CFDs—which include digital assets—to retail investors without trading experience, with 77% of...
Australia revokes FTX subsidiary’s license
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21 July, 2023

Australia revokes FTX subsidiary’s license

Nine months after it imploded, ASIC revoked the FTX Australia license but will allow it to offer limited services for...
National Australia Bank bans payments to ‘high risk’ digital asset exchanges to curb scams
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19 July, 2023

National Australia Bank bans payments to ‘high risk’ digital asset exchanges to curb scams

Binance may be among the targets of the new crackdown, with NAB saying that half of all scams in Australia...
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