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Crypto Australia – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 11 Nov 2024 09:09:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Crypto Australia – DIGIT INFO https://www.digit.info 32 32 Coinbase launches Stand With Crypto advocacy group in Australia https://www.digit.info/coinbase-launches-stand-with-crypto-advocacy-group-in-australia/ Mon, 11 Nov 2024 09:09:20 +0000 https://www.digit.info/coinbase-launches-stand-with-crypto-advocacy-group-in-australia/

The Coinbase-backed policy initiative has expanded to Australia in a bid to educate local policymakers on the benefits of blockchain.

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Australia Honors Kraken With Several Crypto Awards https://www.digit.info/australia-honors-kraken-with-several-crypto-awards/ Fri, 05 Jul 2024 06:40:55 +0000 https://www.digit.info/2024/07/05/australia-honors-kraken-with-several-crypto-awards/ Read more]]> Australia Honors Kraken With Several Crypto AwardsKraken, a global cryptocurrency exchange, won several awards in Australia, including Finder’s best overall crypto trading platform in 2024. It also bagged Finder’s best-advanced trading and crypto trading – extra features. Meanwhile, Wemoney named Kraken the best platform for casual investors and excellent rates and fees. Kraken also received honorable mentions in other categories, including […]

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Australian Court Exempts Block Earner from Paying Penalty; Criticizes Regulator’s Misleading Press Release https://www.digit.info/australian-court-exempts-block-earner-from-paying-penalty-criticizes-regulators-misleading-press-release/ Tue, 04 Jun 2024 22:14:22 +0000 https://www.digit.info/2024/06/04/australian-court-exempts-block-earner-from-paying-penalty-criticizes-regulators-misleading-press-release/ Read more]]> A Federal court in Australia has relieved the crypto firm Block Earner from paying a penalty for breaching the financial services law when it offered the Earner product. According to the ruling, Block Earner “acted honestly and not carelessly,” hence it should not be made to pay a pecuniary penalty. The Federal Court judge criticized […]

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Australian Regulator Says Crypto Is a Debenture That Requires Regulation https://www.digit.info/australian-regulator-says-crypto-is-a-debenture-that-requires-regulation/ Wed, 17 Apr 2024 10:15:58 +0000 https://www.digit.info/2024/04/17/australian-regulator-says-crypto-is-a-debenture-that-requires-regulation/ Read more]]> The chairman of the Australian Securities and Investments Commission (ASIC) has said his organization views cryptocurrency as a debenture hence it falls under regulatory purview. The ASIC chairman also argued that many cryptocurrency investors are unaware of what they are getting into. Crypto Falls Under the ASIC Regulatory Oversight Joe Longo, chairman of the Australian […]

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Australian Securities Regulator Appeals Federal Court Ruling Favoring Finder Wallet https://www.digit.info/australian-securities-regulator-appeals-federal-court-ruling-favoring-finder-wallet/ Thu, 11 Apr 2024 05:37:05 +0000 https://www.digit.info/2024/04/11/australian-securities-regulator-appeals-federal-court-ruling-favoring-finder-wallet/ Read more]]> The Australian securities regulator has said it will appeal the federal court’s dismissal of its civil penalty proceedings against Finder Wallet Pty Ltd. The regulator launched penalty proceedings against the crypto firm on Dec. 15, 2022, just days after Finder Wallet withdrew its Earn product. Product Finder Lacked the Necessary License or Authorization The Australian […]

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Australian Asset Management Firm Transfers Bitcoin ETF Application to Cboe Australia https://www.digit.info/australian-asset-management-firm-transfers-bitcoin-etf-application-to-cboe-australia/ Sun, 07 Apr 2024 05:37:55 +0000 https://www.digit.info/2024/04/07/australian-asset-management-firm-transfers-bitcoin-etf-application-to-cboe-australia/ Read more]]> Monochrome Asset Management, an Australian investment management firm, has transferred its bitcoin exchange-traded fund (ETF) application to Cboe Australia. This move aligns with Monochrome Asset Management’s objective of broadening its footprint in Asian markets. Monochrome’s Commitment to Investors Evident in Application Transfer Monochrome Asset Management, an investment management firm based in Australia, announced on April […]

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Australian exchange enlists PayPal as banks ‘close ranks’ against crypto https://www.digit.info/australian-exchange-enlists-paypal-as-banks-close-ranks-against-crypto/ Fri, 25 Aug 2023 01:54:58 +0000 https://www.digit.info/2023/08/25/australian-exchange-enlists-paypal-as-banks-close-ranks-against-crypto/

The new partnership offers investors extra choice and “mitigates the risks” of Australian crypto banking blocks, said Independent Reserve CEO Adrian Przelozny.

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Shiba Wings customers love the food, not so much the crypto, says owner https://www.digit.info/shiba-wings-customers-love-the-food-not-so-much-the-crypto-says-owner/ Fri, 23 Jun 2023 02:15:00 +0000 https://www.digit.info/2023/06/23/shiba-wings-customers-love-the-food-not-so-much-the-crypto-says-owner/

The SHIB-themed diner serves hot wings, burgers and cocktails, but despite the branding, still trades mostly in fiat.

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AUSTRAC releases 2 new guides to help spot illicit crypto use https://www.digit.info/austrac-releases-2-new-guides-to-help-spot-illicit-crypto-use/ Thu, 21 Apr 2022 04:22:59 +0000 https://www.digit.info/2022/04/21/austrac-releases-2-new-guides-to-help-spot-illicit-crypto-use/

AUSTRAC also urged financial institutions from debanking clients who may be engaged in suspicious account activity, as a mistake could be costly to “Australia’s economy.”

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Swyftx signs major sponsorship deal with Aussie National Rugby League https://www.digit.info/swyftx-signs-major-sponsorship-deal-with-aussie-national-rugby-league/ Thu, 17 Feb 2022 02:56:51 +0000 https://www.digit.info/2022/02/17/swyftx-signs-major-sponsorship-deal-with-aussie-national-rugby-league/

Speaking on the partnership with the NRL, Swyftx CEO Ryan Parsons said that the “mass appeal of sport means it’s a hugely important way for exchanges to announce themselves.”

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