Australia

Australian Regulator Suspends FTX’s Financial License.
The Australian Securities and Investments Commission (ASIC) has suspended FTX Australia’s financial license after the appointment of a voluntary administrator to help about 30,000 consumers and 132 companies get their…

The promoter of Qoin Token is accused of deceptive marketing by the Australian SEC.
According to a news release, BPS Financial is being sued in federal court by Australia’s markets regulator for operating an unauthorized virtual asset firm. The Australian Securities and Investments Commission…

Australian Central Bank Plans to Conduct Pilot Project for CBDC.
The Reserve Bank of Australia (RBA) plans to conduct a pilot project for the central bank digital currency “eAUD”. It is exploring CBDC use cases in Australia with the Digital…

Australian regulator concerned about crypto investors being unaware of risks.
The Australian Securities and Investments Commission (ASIC) has raised concerns about crypto investors being unaware of the actual risk of investing in digital assets. The country has also recorded a…

Australia’s Newest Government has Finally Broken Its Stance On the Crypto Regulation.
It has been three months since the Australian Labour Party came to power in the country. And it’s the first time that the new government has finally broken its silence…

Australia’s new government announces “token mapping” exercise.
The newly elected Australian government has announced a “token mapping” exercise as an approach to crypto regulation in the country. The exercise is one of the 12 recommendations in a…

Australia’s central bank to trial CBDC.
The Reserve Bank of Australia, as part of a research project, is set to trial its own digital currency to evaluate the future of central bank digital currencies (CBDC) in…

The governor of the Australian central bank promotes private sector cryptocurrency.
As governments around the world clamor to vote for and against matters related to cryptocurrency, Australia settles on solid middle ground. Many Western and Asian countries are seeing a lot…
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