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In: ASIC, Australia, Digital Asset

Aussie digital asset financial services firm, Block Earner, announced it has secured an additional AU$8 million in Series A funding. It follows Block Earner’s launch of Australia’s first Bitcoin-backed home loan product last month, which the company claims has already attracted AU$400 million in mortgage demand. Block Earner said theContinue Reading

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In: ASIC, Bitget

Australia’s financial regulator, ASIC, has issued a public warning against crypto exchange Bitget for allegedly promoting high-risk derivatives with extreme leverage to Australian users without the required AFS license. ASIC emphasised that these unlicensed products expose investors to significant losses and strip them of crucial protections under Australian financial servicesContinue Reading