Australia

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...
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,...
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