Tag: Australia

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A quarter of Aussie crypto users plan to buy crypto Christmas gifts: Survey

Crypto under the Christmas tree? A recent survey found that more than a quarter of Aussie crypto users plan to buy crypto-centric gifts this festive season. More than a quarter of Australian crypto users surveyed in October plan to use digital assets as a part of their Christmas presents this holiday season. The survey by…
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BTC Markets hires former ASX and Tyro executives to advisory board

David Raper and Garry Duursma will be joining the advisory board at Australia’s largest crypto exchange, BTC Markets. Australia’s largest digital assets exchange, BTC Markets, has announced it will be adding two new senior additions to its Advisory Board, David Raper and Garry Duursma. BTC Markets has 325 thousand Australian clients, who have traded over…
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BetaShares crypto company ETF smashes Australian records on opening day

The CRYP fund was marketed as an opportunity for stock market investors to dip their toes into crypto Australian fund management company BetaShares’ new crypto company ETF smashed Australian Securities Exchange (ASX) records within the first 15 minutes of listing. The Capital Appreciation Portfolio Diversification (CRYP) fund enables investors to gain exposure to 50 pure-play…
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Aussie crypto micro investment app Bamboo raises $3M, eyes US market

Blake Cassidy sees a brain drain from Australia since the ASX is not keen on listing crypto companies. Blake Cassidy, CEO of Australian micro-investment app Bamboo, has claimed that the Australian Securities Exchange’s (ASX) bias against listing crypto companies is causing an Aussie brain drain leading firms to seek out a US listing. Cassidy’s comments…
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Australia’s Commonwealth Bank Lets Customers Trade Crypto Directly Through Its App

The Commonwealth Bank of Australia (CBA), the country’s biggest bank, is providing customers with the ability to buy, sell, and hold crypto assets directly through its app. The bank has partnered with crypto exchange Gemini and blockchain analytics firm Chainalysis to provide crypto services. Commonwealth Bank Begins Offering Crypto Services Commonwealth Bank (CBA), also known…
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Aussie crypto companies keen to embrace regulations says senator

Australia Senator Andrew Bragg says local crypto founders are keen to embrace regulation in a bid to propel the digital asset sector into the mainstream. Australian Senator for New South Wales Andrew Bragg has asserted that robust regulations would “bring credibility and validity” to the country’s emerging digital asset sector. Speaking to local publication Finder…
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Australian Police Confiscate Cryptocurrency Worth $1 Million With Help From FBI

The Australian Federal Police (AFP) has confirmed that the Supreme Court of New South Wales has ordered the forfeiture of cryptocurrency belonging to a convicted hacker. “The amount of cryptocurrency forfeited, more than $1.2 million, is the largest Commonwealth forfeiture of cryptocurrency,” the AFP said. ‘Largest Commonwealth Forfeiture of Cryptocurrency’ The Australian Federal Police (AFP)…
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Australian securities regulator issues guidelines for crypto ETPs

The Australian securities regulator decided not to require crypto ETF providers to hold domestic crypto custody. The Australia Securities and Investments Commission (ASIC) has issued its response to public consultation on cryptocurrency exchange-traded products (ETPs) alongside fresh industry guidance. On Oct. 29, the regulator released a set of regulatory requirements for funds looking to offer crypto…
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Law Decoded: Post-ETF policy landscape and Novi fears, Oct. 18–25

The Bitcoin ETF approval has been the biggest, but by no means the only, policy-related story of the last week. The biggest regulatory story of the week, if not the year, has been the United States Security and Exchange Commission’s lack of opposition to the launch of the first-ever Bitcoin (BTC) exchange-traded funds, which took eight…
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Australian Senators pushing for country to become the next crypto hub

The Australian Senate Committee delivered a report calling for a complete overhaul of crypto legislation and licensing in the country. On Oct. 20, the Australian Senate Committee delivered a groundbreaking report calling for a complete overhaul of crypto legislation and licensing in the country. But, will it achieve its aim of transforming Australia into an…
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