Bitcoin (BTC) holders in Australia can now own a home without selling their assets as Block Earner finally unveils a home loan product. Reports suggest that the interest rate starts…
Browsing: Australia
Aussies can now use Bitcoin as collateral to access home loans, thanks to a major fintech breakthrough and court win.
AUSTRAC fined Cointree A$75,120 for delayed suspicious matter reports, reinforcing compliance in Australia’s crypto sector.
The Australian Treasury plans to regulate the digital asset industry under existing financial laws to balance innovation, risk management, and consumer protection. The framework will impose rules ensuring that DAPs…
Australia confirms it has no plans for a crypto reserve, prioritizing stricter regulations to ensure transparency and security in digital assets.
A study reveals 32.5% of Australians have owned crypto, with 42.9% believing Australia will see wider cryptocurrency adoption soon.
Australia’s Bitcoin ATM count reaches 1,359, growing steadily for 29 months, nearing Europe’s total of 1,660. AUSTRAC plans to monitor Bitcoin ATM operators closely in 2025 to prevent misuse for…
ASIC releases draft guidelines clarifying digital asset applications under the Corporations Act 2001. The new ASIC framework aims to enhance compliance and consumer protection for digital asset services. The Australian…
Monochrome Asset Management deploys Australia’s first spot Ethereum ETF, IETH, on Cboe. The ETF offers in-kind Ethereum subscriptions and redemptions. Monochrome Asset Management is set to launch Australia’s first cash…
Monochrome launches Australia’s first direct-holding spot bitcoin ETF, IBTC, on Cboe Australia. Monochrome’s IBTC offers secure and compliant investment, filling a gap in the Australian market. Tuesday is the debut…
ANZ and Chainlink teamed up to connect Ethereum and Avalanche blockchains for seamless asset settlement. The collaboration aims to modernize traditional settlement processes using blockchain technology In a recent blog,…
The Reserve Bank of Australia has identified four key areas that a CBDC could bolster after the completion of its pilot phase. Stellar Lumens could play a key role in…
Binance has confirmed that it has been cut off from the Australian banking system with its 1 million customers affected. On top of getting short notice, the reasons given to…
Australian ‘Big 4’ bank NAB is set to launch AUD-pegged Ethereum and Algorand-based stablecoin in mid-2023. NAB is the second Australian banking big name to develop a stablecoin, following ANZ’s…
According to a new law, Australian citizens need at least a 100 score of social credits before performing any digital transaction. This including crypto trading or accessing the web. The…
The Australian government is seeking to bridge gaps in the regulatory framework while addressing different aspects of the crypto sector. The “token measure” exercise will be an important step to…
Using crypto in criminal activity suggests a careful and well-detailed plan to carry out the act. The amount of crypto used for illegal purposes dropped between 2021 and Q1 2022.…
A large number of Australians see digital assets as a wealth creation tool and are willing to switch banks in search of crypto products. The Australian government is also preparing…
According to RBA, the amount invested in crypto, specifically the leading meme coins like Dogecoin and Shiba Inu is questionable. The RBA’s head of payment policy mentioned that the speculative…
Australia needs a proper upgrade to its financial regulatory regime to create a friendly cryptocurrency business environment. Current regulatory frameworks put the country at a disadvantage against competing technological global…