Swyftx – DIGIT INFO

Australian crypto exchanges look to new licensing regime with cautious optimism

Australian crypto exchanges have largely praised the Treasury’s latest proposal to place crypto exchanges under the existing financial services license regime, though some worry it could put the crypto industry into a TradFi-shaped box.

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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.

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Australian exchanges dispel debanking fears amid Binance saga, but risks loom

Australian crypto exchanges report no problems with their payment providers but the lack of local laws means more debanking incidents can’t be ruled out.

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Experts Predict Future Regulation of Crypto Exchanges by 2025, With Split Opinion on Similarity to Traditional Finance

Following finder.com’s reports on bitcoin and ethereum predictions, the product comparison site polled 56 specialists in the fintech and cryptocurrency industry to gauge their thoughts on future regulation of crypto exchanges. The experts predict that virtual currency trading platforms will be regulated, but not until 2025 or 2030. When regulation does occur, 76% of Finder’s […]

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Swyftx to chop its ‘Earn’ program this week, citing murky regulations

Australian crypto exchange Swyftx has decided to close its Earn program due to a lack of clarity around crypto products regulation.

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Swyftx cuts 40% of staff as it braces against ‘worst-case scenario’

The Australian crypto exchange said while it had no exposure to FTX, it was “not immune” to its fallout.

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Finder’s Specialists Predict Ethereum Will Slip to $963 This Year, but End 2022 at $1,377 per Unit

46% of around 55 fintech and cryptocurrency specialists believe ethereum is undervalued following The Merge, according to a recent survey published by the comparison website Finder.com. With less than three months left in 2022, Finder’s panelists predict that ethereum will drop as low as $963 per unit this year, and they also expect ethereum to […]

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