Australia approach to cryptocurrency regulation has intensified as the national financial crimes agency implements new limits on automated teller machines. Recent measures place a cap of A$5,000 (US$4,169.18) on cash deposits and withdrawals at crypto ATMs, reflecting growing concerns about…
Australia Crypto ATM Increase Amid Growing Demand
Bitcoin automatic teller machines (ATMs) have rapidly gained traction in Australia, positioning the nation as one of the fastest-growing markets for these cryptocurrency kiosks. As interest in digital assets continues to expand, Australia’s landscape is becoming a focal point for…
Kraken Expands Custody Services to UK and Australia
Kraken, a prominent cryptocurrency exchange, has made significant strides in expanding its custody services to cater to institutional clients in the UK and Australia. This strategic move builds on the successful launch of Kraken Custody in the U.S. earlier this…
Australian Regulator’s Cryptocurrency Warning and Increased Vigilance
The Australian Securities and Investments Commission (ASIC) recently heightened its scrutiny of the cryptocurrency market, issuing fresh warnings regarding the risks associated with digital assets. The regulator’s chair, Joseph Longo, cautioned against investing in cryptocurrencies, labeling them as assets “created…
Australian Crypto Exchanges Embrace New Licensing Regime
The Australian Treasury’s recent announcement regarding the regulation of cryptocurrency exchanges has garnered significant praise from local crypto exchanges. With plans to integrate cryptocurrency exchanges within existing financial services licensing measures, the Treasury aims to provide regulatory clarity and introduce…
This $50 billion Australian bank is making a big bet on Tokenization
ANZ, a formidable financial institution boasting assets under management totaling a staggering $1.09 trillion, has taken a momentous stride toward bridging the two worlds of cryptocurrency and traditional finance. This colossal figure in the financial landscape, Australia and New Zealand…
Fake license fiasco: Cryptocurrency lender Helio could face regulatory penalties in Australia.
Deceptive Claims Revealed: Fabrication of Helio’s Licence Discovered After ASIC’s inquiry discovered that Helio had been making false statements about having licenses that it didn’t indeed hold, the issue surrounding the firm erupted. This deception fueled worries about the lack of regulation and…
Australian Parliament Introduces Bill to Regulate Crypto Sector
New legislation aims to establish a regulatory framework for the growing cryptocurrency industry in Australia The Australian Parliament has introduced a new bill aimed at regulating the rapidly growing cryptocurrency sector. The legislation is designed to establish a comprehensive regulatory…
Reserve Bank of Australia Takes a Step Closer to CBDC with eAUD Pilot Phase
The Reserve Bank of Australia (RBA) has announced plans to launch a pilot program for a central bank digital currency (CBDC), which will be led by former Ripple executive, Dilip Rao, and in collaboration with the Digital Finance Cooperative Research…
Australian Authorities Freeze Assets Belonging to former Bit-connect Director, John Bigatton
The Australian securities and investments commission (ASIC), which is that country’s version of America’s Securities and Exchange Commission, has executed an asset freeze on Bitconnect’s John Bigatton. Bigatton who is a director and shareholder at Bitconnect has also been barred…
How did the USDT laundering case move over $1 billion?
The unsealing of a criminal case in the Eastern District of Virginia has drawn attention to a major usdt laundering case involving Miami-based Jorge Figueira, a national of Venezuela and Spain. Court filings allege he ran a money laundering conspiracy…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on November 16, Ethereum co-founder Vitalik Buterin introduced Kohaku, a bold new privacy framework designed to make private transactions the default experience for Ethereum wallet users.…
