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Australia’s ASIC Wins High Court Appeal as Block Earner Yield Product Faces Fresh Penalty Fight

The High Court of Australia ruled unanimously (7-0) that fintech platform Block Earner illegally offered its cryptocurrency yield product. High Court Sides With Regulator In a landmark decision, the High…

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Australia’s Own Impact Analysis Undercuts Landmark Gambling Ad Crackdown as New Zealand Delays Similar Action

Australia’s own impact assessment projects its landmark gambling advertising restrictions will reduce national wagering expenditure by AUD 62.7 million per year, or roughly 0.8 percent of total player losses. The…

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Australia Mandates Financial Services Licenses for All Local Cryptocurrency Exchanges

Australia implements a landmark regulatory framework requiring cryptocurrency exchanges and custodians to obtain formal financial services licenses. The Australian government passed new legislation requiring all cryptocurrency exchanges and custodians to…

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Tokenization Could Save Australian Economy $16.7 Billion Annually, Aussie Central Bank Reports

The Reserve Bank of Australia announced on March 25 that Australia is moving beyond trials to real-world rollout of tokenized assets and wholesale digital currencies. Project Acacia Findings The Reserve…

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Ripple Moves to Secure Australian Financial Services License for APAC Payments

Ripple moves to secure an Australian financial services license, positioning its blockchain payments network for deeper expansion across Asia-Pacific while tightening regulatory footing in one of the region’s most active…

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Gemini Exchange Exits UK, EU, Australia, Refocuses on America

Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, announced a significant strategic realignment, including workforce reductions and geographic market exits. The company will withdraw from operations in the…

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