Australia installs more Bitcoin ATMs than whole of Asia
Asia, which includes major economies such as China, Japan, Singapore and India, hosts 355 crypto machines, representing 1% of the total crypto ATMs installed worldwide.
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Binance to Shut Down its Australian Derivatives Services
Binances Australian financial services license is being terminated, meaning that Australian residents will no longer be able to open derivatives positions on the exchange. 104 Users Impacted Binance has its...
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.
Mastercard to settle transactions for stablecoin wallet in APAC
Mastercard has entered a collaboration that would allow retail customers in the APAC region to spend their stablecoins anywhere Mastercard is accepted.
Australian Banking Association’s cost of living inquiry reveals bank pressure
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…
Australian central bank to launch ‘live pilot’ of CBDC in coming months
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.
Aussie regulators review Binance Australia Derivatives over account closures
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 reportedly closes accounts and positions for some users
Binance Australia Derivatives incorrectly classified end users as wholesale investors, according to an investigation into its onboarding services.
Australia and the UK share their big picture of crypto: Law Decoded, Jan. 31–Feb. 6
While the British Treasury emphasizes the liberal approach, Australia goes with the profound taxonomy of all the crypto assets.
Australia introduces classification for crypto assets
The national regulators propose to distinguish four major types of products related to the crypto industry.
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