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Australia

Australia’s largest bank blocks payments to digital asset exchanges
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10 June, 2023

Australia’s largest bank blocks payments to digital asset exchanges

The Commonwealth Bank of Australia announced that it’s blocking ‘certain’ payments to some exchanges to curb scams but didn’t reveal...
Australia opens public consultation on banning ‘high-risk’ AI tools
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7 June, 2023

Australia opens public consultation on banning ‘high-risk’ AI tools

The public consultation will run until July 26, with academic and industry players as well as policymakers, establishing ideas on...
Australian stock exchange officially scraps plans for blockchain settlement
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24 May, 2023

Australian stock exchange officially scraps plans for blockchain settlement

ASX has been delaying and postponing its blockchain plans for months and in its recent meeting, it officially discarded the...
Revolut wants to become the primary financial app for Australians
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21 May, 2023

Revolut wants to become the primary financial app for Australians

Revolut Australia’s primary objective in offering international payments-focused business accounts is to become the primary financial app for Australian residents,...
Australia records first FX transaction with CBDCs as trial gathers steam
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20 May, 2023

Australia records first FX transaction with CBDCs as trial gathers steam

Blockchain infrastructure provider Canvas broke the news on May 17, noting that two digital asset fund managers, DigitalX and TAF...
Binance loses Aussie on-ramp as Westpac Bank bans transacting with exchange
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19 May, 2023

Binance loses Aussie on-ramp as Westpac Bank bans transacting with exchange

Binance Australia abruptly announced that it was "unable to facilitate PayID AUD deposits for Binance users" because of a decision...
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