Kraken Fined $5M In Australia For Regulatory Breaches
Kraken Australia’s operator, Bit Trade, must pay $5 million plus court costs after the Federal Court ruled in favor of the country’s…
Australia Seeks Input on Crypto Regulation
On Tuesday, the financial watchdog of Australia requested feedback regarding the revisions to its digital asset guidance. It’s hoped…
Australia Seeks Crypto Start-up Regulation
Australia is preparing to implement new regulations that require the crypto industry to obtain financial services licenses under the…
Australia Wins Case Against Bit Trade
The Australian Securities and Investments Commission (ASIC) has won the court case against Kraken’s operator, Bit Trade, for failing to comply…
Bitdeer Secures $150M for Expansion
Bitdeer’s stock drops 18% to $6.33 after announcing a $150M convertible notes offering to fund ASIC mining rigs and data center…
Australia Gets 1st Spot Bitcoin ETF (ASX)
VanEck, an investment management firm, intends to list its inaugural spot bitcoin exchange-traded fund (ETF) on the Australian Securities…
Australian Court Says Qoin Scheme is Unlicensed
The Australian Court ruled in favor of ASIC against Qoin Coin, saying that ” blockchain is not a financial product, and the Qoin scheme…
Australian Court Says Crypto Platform Misled Investors
Australian court rules unlicensed platform misled investors with unlicensed crypto wallet. ASIC warns of risks and highlights the need for…