News list for " Australia"
The Australian Securities and Investments Commission (ASIC) has announced a new classified exemption policy that expands the scope of the license exemption for stablecoin and packaged token intermediaries. The policy allows intermediaries to distribute stablecoin and packaged tokens issued by issuers holding Australian Financial Services (AFS) licenses without having to apply for a separate license. At the same time, ASIC also allows providers to hold digital assets using an integrated account u...
According to the official announcement, the Australian Monochrome spot bitcoin ETF (IBTC) disclosed that as of December 3, the position has reached 1203 bitcoins, and the market value of the position has exceeded 170 million Australian dollars.
According to the official announcement, the Australian Monochrome spot bitcoin ETF (IBTC) disclosed that as of December 2, the holdings have been reduced by 29, and now 1,133 bitcoins are reported, and the market value of the holdings is about 155 million Australian dollars.
The Australian Bitcoin Industry Association (ABIB) has filed a formal complaint with the Australian Broadcasting Corporation (ABC), alleging that its Bitcoin-related coverage is "factually inaccurate and misleading." The complaint was filed in response to an article written by ABC's chief business correspondent Ian Verrender, which described bitcoin primarily as a money laundering tool, claiming it had "no useful purpose" and referring to money laundering as its "last useful business". ABIB said...
The Australian Bitcoin Industry Association (ABIB), a cryptocurrency industry group, said it has filed a formal complaint with the Australian Broadcasting Corporation (ABC) seeking to correct a recent report of multiple misrepresentations and factual errors regarding bitcoin. The association said in its complaint that the report portrayed bitcoin as a highly volatile asset, a tool for criminals, and ignored its value in power grid optimization and humanitarian assistance. "This...
According to Decrypt, Australia's Treasurer Jim Chalmers and Financial Services Minister Daniel Mulino introduced the Companies Law Amendment (Digital Asset Framework) Bill 2025 to Parliament on Wednesday, establishing the country's first comprehensive regulatory framework for businesses holding digital assets on behalf of customers. The bill introduces two new financial regulations under the Companies Act.
According to the official announcement, the Australian Monochrome spot bitcoin ETF (IBTC) disclosed that as of November 11, the position has reached 1127 bitcoin, and the market value of the position has exceeded 181 million Australian dollars.
The Australian Federal Police has warned that fraudsters are using ReportCyber, Australia's national cybercrime reporting system, to submit false reports using stolen personal information and then impersonate Australian Federal Police officers to call victims and steal their digital assets. The scam is highly confusing and criminals...
Speaking at the National Press Club on Wednesday, Joe Longo, chairperson of the Australian Securities and Investments Commission (ASIC), warned that Australia's capital markets would lag behind global competition if it did not embrace new technologies such as asset tokenization, Cointelegraph reported. Longo said distributed ledger technology could revolutionize capital markets, while global tokenized assets are expected to reach $2-16 trillion by 2030. In response to the challenge, ASIC will re...
The apology arrives 10 days after Australia's competition watchdog sued the tech giant for allegedly concealing cheaper alternatives.
