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IG Group Completes Purchase of Independent Reserve Following Singapore Regulatory Approval

IG Group has finalized its acquisition of Independent Reserve, one of Australia’s leading regulated cryptocurrency exchanges, marking a major expansion into digital assets across the Asia-Pacific and Middle East. Regulatory…

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Australian Federal Court Slams BPS Financial With Heavy Fine for Crypto Misrepresentation

The Australian Federal Court fined BPS Financial $9.7 million for operating its Qoin Wallet without a license and making misleading claims about its functionality. Permanent Ban on Qoin Promotion The…

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Australian Crypto Exchange Halts Trading, Enters Voluntary Liquidation

Australian crypto exchange group DAEX has ceased trading and entered voluntary liquidation. The liquidator is now urging creditors to come forward. Liquidation Details The Australian cryptocurrency exchange group DAEX has…

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Stablecoins Power Australia’s Financial Infrastructure, Zodia Study Finds

A new Zodia Custody study highlights that stablecoins are functioning as the “quiet plumbing” behind key financial operations in Australia, with adoption driven by practical utility rather than speculation. Key…

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New Broker Targets Crypto Investors Seeking Property Ownership in Australia

A dedicated mortgage broking service for cryptocurrency investors has been launched in Australia, aiming to help holders of digital assets translate their crypto wealth into property ownership. Bridging Mortgages and…

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Australian Police Cracks Crypto Wallets, Recovers Over $7 Million in Illicit Digital Assets

Australian Federal Police (AFP) Commissioner Krissy Barrett announced that an agency data scientist successfully cracked two password-protected crypto wallets, recovering millions in digital assets linked to organized crime. The Challenge…

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Digital Asset Solutions Firm Completes Australia’s First Tokenized Government Bond Investment

Forte Tech Solutions, a digital asset solutions firm, has completed Australia’s first tokenized government bond investment—a US$2 million pilot conducted under the Reserve Bank of Australia’s Project Acacia. Project Acacia:…

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