SVB contagion: Australia reportedly asks banks to report on crypto
Australia’s prudential regulator has reportedly told banks to improve reporting on crypto assets and provide daily updates.
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Australia’s prudential regulator has reportedly told banks to improve reporting on crypto assets and provide daily updates.
Mastercard has entered a collaboration that would allow retail customers in the APAC region to spend their stablecoins anywhere Mastercard is accepted.
An analysis of the rising inflation and concurrent collapse of Silicon Valley Bank proved that more than 186 banks in the U.S. are at risk of a similar shutdown if…
The use cases for the CBDC ranged from offline payments to “trusted Web3 commerce” and financial industry participants were invited to undertake a live pilot.
A day after Binance Australia Derivatives sent notifications of account closures to users it wrongly classified, regulators in Australia said they’re looking into the company.
Binance Australia Derivatives incorrectly classified end users as wholesale investors, according to an investigation into its onboarding services.
While the British Treasury emphasizes the liberal approach, Australia goes with the profound taxonomy of all the crypto assets.
The national regulators propose to distinguish four major types of products related to the crypto industry.
Australia’s financial regulator raised concerns about FTX Australia not long after it began operations in March 2022, according to documents.
A recent document filed with the United States Bankruptcy Court for the District of Delaware revealed that FTX’s creditors consist of over 9.7 million companies and individuals. Some of the…