Australia News

Allan Flynn won a settlement with ANZ for debanking him and is headed to the tribunal to take on Westpac next week.

“Coordinated pumping of shares for profits can be illegal. We can see all trades and have access to trader identities,” said ASIC in a message to the ASX Pump Organization on Telegram.

The fund will trade on ASX and aims to provide a level of crypto exposure to institutional investors.

Australian authorities will be able to seize or freeze cryptocurrencies linked to cybercrime under new legislation.

Three months after embracing crypto, Lloyds Auctions house reportedly sold a legendary rally car for $360,000 in Bitcoin.

DBSV and Independent Reserve previously received MAS’ in-principle approvals to provide digital payment token services.

Talking about a digital asset plan being cooked up by a Senate inquiry, Senator Andrew Bragg said, “We will want the major parties, including my party, to adopt these policies as part of their election manifestos.”

Older Australian crypto investors outweigh the new generation in initial investment, but the younger crowd is more active in daily trading.

Binance users in Australia have 90 days to close their positions for futures, options and leveraged tokens.

Crypto asset investing has become more popular with Aussie boomers, according to the country’s largest exchange.

Aussie "buy now, pay later" fintech found that BNPL users are 67% more likely to trade crypto than non-users.

Samson Mow, Charlie Lee, Wei Zhou and Kain Warwick were the main contributors to the Monochrome private sale, which concluded last week.

Afterpay spoke as part of the Senate inquiry into “Australia as a Technology and Financial Center” and Lee Hatton said there would be enough consumer demand to offer crypto services.

Speaking on a panel as part of the Senate inquiry into “Australia as a Technology and Financial Centre,” three crypto firms outlined their de-banking experience in Australia.

Afterpay told the Australian Senate that using crypto could cut payments costs for merchants and that the government should work to create a framework for an AUD-backed stablecoin.