Australia & Oceania – DIGIT INFO

Australia Gives Crypto Firms 3 More Months to Secure Licenses

DIGIT — Sat, 27 Jun 2026 03:30:39 +0000

Australian digital asset firms have until Sept. 30, 2026, to apply for or vary licenses after ASIC extended no-action relief for eligible crypto services, expanding coverage to more authorization arrangements while retaining enforcement powers after receiving about 30 licence applications. Digital Asset Firms Receive More Time to Seek AFS Licensing Australian digital asset firms have […]

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Australia’s ASIC Wins High Court Appeal as Block Earner Yield Product Faces Fresh Penalty Fight

DIGIT — Fri, 19 Jun 2026 03:20:52 +0000

The High Court of Australia ruled unanimously (7-0) that fintech platform Block Earner illegally offered its cryptocurrency yield product. High Court Sides With Regulator In a landmark decision, the High Court of Australia has ruled that a cryptocurrency yield product was offered illegally without a financial services license. The 7-0 ruling by the country’s highest […]

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Australia’s Own Impact Analysis Undercuts Landmark Gambling Ad Crackdown as New Zealand Delays Similar Action

DIGIT — Fri, 10 Apr 2026 07:30:04 +0000

Australia’s own impact assessment projects its landmark gambling advertising restrictions will reduce national wagering expenditure by AUD 62.7 million per year, or roughly 0.8 percent of total player losses. The same analysis suggests that a full ban previously rejected by the government would have delivered nearly double the reduction. Key Takeaways: Australia’s OIA projects ad […]

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Australia Mandates Financial Services Licenses for All Local Cryptocurrency Exchanges

DIGIT — Thu, 02 Apr 2026 08:30:52 +0000

Australia implements a landmark regulatory framework requiring cryptocurrency exchanges and custodians to obtain formal financial services licenses. The Australian government passed new legislation requiring all cryptocurrency exchanges and custodians to acquire financial services licenses. This mandate applies to any digital asset service provider operating within the country’s jurisdiction to enhance transparency and investor safety. The […]

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Australia Fines Binance $6.9 Million Over Client Misclassification

DIGIT — Fri, 27 Mar 2026 12:00:55 +0000

An Australian court has fined Binance’s local derivatives unit $6.9 million for misclassifying retail investors. The case highlights growing regulatory pressure on crypto exchanges over investor protection. Binance Hit With $6.9 Million Fine in Australia Case Binance’s Australian derivatives arm has been ordered to pay $6.9 million (A$10 million) after a federal court found serious […]

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Tokenization Could Save Australian Economy $16.7 Billion Annually, Aussie Central Bank Reports

DIGIT — Thu, 26 Mar 2026 05:30:23 +0000

The Reserve Bank of Australia announced on March 25 that Australia is moving beyond trials to real-world rollout of tokenized assets and wholesale digital currencies. Project Acacia Findings The Reserve Bank of Australia has officially moved past the “trial phase” of digital finance, signaling a major shift toward the real-world implementation of tokenized assets and […]

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Australia’s Digital Asset Bill Gains Momentum With Senate Committee Approval

DIGIT — Wed, 18 Mar 2026 21:05:21 +0000

Australia just looked at crypto chaos, sighed, and decided it would rather regulate the circus than keep pretending it’s not in town. Australia Eyes Regulated Crypto Future as Senate Advances Digital Asset Bill The Australian Senate Economics Legislation Committee has effectively waved through the Corporations Amendment (Digital Assets Framework) Bill 2025, recommending it pass without […]

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Ripple Moves to Secure Australian Financial Services License for APAC Payments

DIGIT — Thu, 12 Mar 2026 02:30:20 +0000

Ripple moves to secure an Australian financial services license, positioning its blockchain payments network for deeper expansion across Asia-Pacific while tightening regulatory footing in one of the region’s most active digital asset markets. Ripple Strengthens Global Compliance Network With Australian License Plan Ripple plans to secure an Australian Financial Services License (AFSL) to expand its […]

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Australian Cybercrime Squad Charges Man in $3.5 Million Crypto Scam

DIGIT — Tue, 24 Feb 2026 11:30:43 +0000

Australian detectives have dismantled a major investment scam that defrauded over 190 elderly and vulnerable victims of $3.5 million. The Nexopayment Deception Australian Cybercrime Squad detectives have charged a man following an investigation into a large-scale investment scam that defrauded more than 190 elderly and vulnerable residents of $3.5 million. The Cybercrime Squad established the […]

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Gemini Exchange Exits UK, EU, Australia, Refocuses on America

DIGIT — Fri, 06 Feb 2026 10:30:41 +0000

Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, announced a significant strategic realignment, including workforce reductions and geographic market exits. The company will withdraw from operations in the United Kingdom, European Union, and Australia while reducing its workforce by approximately 25%, following previous staff cuts that had already reduced the team to about […]

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