But Solana was the only other major asset to show inflows for the week.
Category: Australia
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How senators plan on regulating AI: Law Decoded, Sept. 4–11
Senators Richard Blumenthal and Josh Hawley’s framework emphasizes that technology companies cannot rely on liability protections to shield them from legal actions.
Rejection of crypto bill exposes Aussies to ‘unregulated market’ — Senator Bragg
Senator Andrew Bragg says rejecting his crypto bill will drive investment away from Australia but lawyers claim it’s part of a bigger regulatory picture.
Swyftx launches ‘Earn and Learn’ — paying Aussies to learn about crypto scams
Australian crypto exchange Swyftx said it had identified a rise in demand for crypto education during the bear market as the reason for its launch.
Australian lawmakers send back crypto bill by Andrew Bragg
Introduced in March 2023, Australia’s bill on digital asset market regulation has faced a series of report delays by the Senate, and it’s now been sent back for amendments.
Breaking victim ‘trust’ in scammer is key to beat crypto scams, exchanges say
Responsibility for crypto scams does not only belong to the cryptocurrency industry, it also involves banks, telecoms and social media platforms, Australian exchanges say.
Crypto may see second wind in the US as courts ‘rein in the SEC’ — Lawyer
Crypto-focused lawyer Jeremy McLaughlin said the U.S. digital asset industry may re-ignite as the country’s securities regulator racks up court losses.
Australia’s Bendigo Bank blocks high-risk payments to crypto exchanges
Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges.
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Meta Platforms fined $14 million for Onavo privacy issues: Report
The decision in an Australian court was driven by increasing concerns about illicit activities in the crypto market and the desire to safeguard investors.
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Australia’s financial regulator cancels license for FTX’s local entity
ASIC had previously suspended FTX’s license to operate in Australia, now the securities regulator has canceled it entirely.
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