The Australian Securities and Investments Fee (ASIC) has issued a “class aid” which considerably lowers the licensing hurdle for intermediaries dealing with stablecoins and wrapped tokens on secondary markets. This aid means exchanges, brokers, and fintechs now not want a separate Australian Monetary Providers (AFS) license for this exercise, makingContinue Reading
A brand new report from digital asset custody agency Zodia Custody argues that Australia’s economic system is approaching an inflection level that can see digital belongings, significantly stablecoins, quickly start to play a bigger function. Report contributor Joni Pirovich, founder and CEO of Crystal aOS, predicted that by 2030, we’llContinue Reading
The Australian Bitcoin Trade Physique (ABIB) has filed a proper criticism with the ABC over a column that claimed Bitcoin serves ‘no helpful goal’ and linked it to cash laundering. ABIB argues the article breaches ABC’s editorial requirements by utilizing “outdated tropes” and ignoring use instances and institutional adoption. TheContinue Reading
Australia launched a brand new Digital Property Invoice to control crypto exchanges and custody suppliers equally to conventional monetary corporations. The framework establishes new classes (like Digital Asset Platforms) that can typically require an Australian Monetary Companies Licence (AFSL). The federal government forecasts the brand new regulation will enhance annualContinue Reading
Crypto financial savings accounts are a preferred kind of funding product that permit anybody to deposit crypto and earn curiosity on them over time. As a substitute of incomes a decrease charge on money like in an everyday financial savings account within the financial institution, you’ll be able to earnContinue Reading
Mortgage on Chain launched in Australia as the primary devoted mortgage dealer specialising in securing standard house loans for crypto traders. The agency doesn’t provide crypto-backed loans however helps shoppers navigate normal financial institution standards, managing crypto portfolios and tax occasions to entry conventional mortgages. The service is linked toContinue Reading
The Gemini World State of Crypto 2025 report confirmed international crypto possession is rising throughout all areas, reversing the post-2022 market slowdown. Australia noticed one of many highest shares of recent buyers (30%) who bought a memecoin as their first crypto asset, simply behind the US (31%). World sentiment isContinue Reading
Scammers file faux complaints by means of Australia’s official ReportCyber portal, then name victims claiming to be AFP officers and use the report as “proof.” The fraudsters, generally with a second caller posing as a crypto platform consultant, use this “veneer of legitimacy” to trick victims into shifting their cryptoContinue Reading
Australia sanctioned 4 North Korean cyber models, together with Lazarus Group, over an estimated A$1.9 billion crypto theft spree in 2024 to disrupt weapons funding. The sanctions goal teams linked to the Reconnaissance Common Bureau, noting that the worth stolen this 12 months is 50% larger than in 2023. Individually,Continue Reading
IBIT will launch in Australia in mid-November 2025, providing regulated Bitcoin publicity on the ASX. The ETF is backed by the US iShares Bitcoin Belief, expenses 0.39% administration payment, and displays rising institutional demand for Bitcoin. BlackRock’s ETF development continues globally, with sturdy inflows of US$153 billion (AU$237.15 billion) inContinue Reading
