Australia’s market regulator, ASIC, has granted class relief to secondary distributors of stablecoins issued by Australian Financial Services (AFS) licensed issuers, removing significant regulatory overhead for distributors. The relief currently only applies to one stablecoin, AUDM issued by Catena Digital, but ASIC said it may extend the relief as moreContinue Reading
Sydney-based startup Hana Wallet has launched its Web3 Debit Mastercard, a non-custodial prepaid crypto card that allows users to spend crypto at any location where Mastercard is accepted. The card, issued in partnership with Immersve, a principal member of the Mastercard network, integrates with Apple Pay and Google Pay andContinue Reading
OKX has launched a new self-managed superannuation fund (SMSF) platform designed to ease the investing process for Aussies looking to add crypto to their retirement nest egg. The platform features “institutional-grade” custody, multi-sig security and reporting tools to ease compliance, and Australian-based support. Crypto is still a very small partContinue Reading
Crypto assets held in Australian Self-Managed Super Funds (SMSFs) decreased by 4% to $3.02 billion in the year leading up to June 2025, despite a broad crypto market rally and Bitcoin’s new all-time high. This decline occurred even as major exchanges like Coinbase and OKX are actively targeting Australia’s superannuationContinue Reading
Crypto exchanges Coinbase and OKX are targeting Australia’s superannuation system, launching products aimed at getting more Aussies investing in crypto through a self-managed super-fund (SMSF). OKX launched their SMSF product in June while Coinbase plans to launch theirs in the coming months — both exchanges say they’ve seen strong demandContinue Reading
Monochrome’s Bitcoin ETF has passed 1,000 BTC under management, marking a major milestone for Australia’s crypto market. The fund’s holdings have grown rapidly in 2024, with assets rising from under $25m AUD last November to about $180m AUD today. While Australia has trailed the US in ETF adoption, Monochrome’s growthContinue Reading
Christopher Flinos, the former head of the collapsed crypto firm Hayvn, has resurfaced as a mortgage broker in suburban Melbourne after being banned from financial services roles in the Cayman Islands and Abu Dhabi for fraud and money laundering violations. Regulators in the UAE and the Cayman Islands found thatContinue Reading
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
Australia’s media watchdog, the Australian Communications and Media Authority (ACMA), has asked internet service providers to block access to blockchain-based prediction market, Polymarket. The request comes after an ACMA investigation found Polymarket was offering gambling services to Australians without an appropriate license. The move sees Australia join other countries, includingContinue Reading
A luxury Fannie Bay home in the Northern Territory is listed for $2.85 million or the Bitcoin equivalent. About 20% of Australians own cryptocurrency, with the market valued between $50 billion and $70 billion. Internationally, places like Dubai have clear crypto real estate laws, enabling Bitcoin and stablecoin property purchases.Continue Reading
