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” Rushing ‘token mapping’ could hurt Aussie crypto space — Finder founder “ Australian crypto entrepreneur and investor Fred Schebesta has described the Australian government’s prioritization of token mapping as “wonderful,” but warns that rushing it could lead to detrimental effects on the economy. Schebesta’s comments come after Australian Treasurer Jim Chalmers released a statement…
” DeFi platform sees strong interest in halal-approved crypto products “ Australian-based crypto platform Marhaba DeFi says there has been a strong take-up of Halal-approved cryptocurrency products on its platform, with aims to release a suite of new products which align with Islamic law by the end of 2022. Launched in 2020, the platform is…
” Australian senator drafts bill aimed at stablecoin, digital yuan regulation “ Australian Liberal Senator Andrew Bragg has released a new draft bill aimed at clamping down on digital asset exchanges, stablecoins, and China’s central bank digital currency, the e-Yuan. In a statement on Sept. 18, Senator Bragg stated that “Australia must keep pace with the…
” Australian state police sets up crypto division to trace transactions “ Law enforcement in Australia is working to boost cryptocurrency expertise and trace crypto transactions by setting up a dedicated police group. The Australian Federal Police (AFP) has established a new cryptocurrency unit to focus on monitoring crypto-related transactions, The Australian Financial Review reported…
” Crypto.com accidentally transfered $10.5M to client instead of $100 refund “ According to local news outlet 7News, two Melbourne women, Manivel Thevamanogari and her sister Gangadory Thevamanogari, received an AUD$10.5 million deposit from Singaporean crypto exchange Crypto.com after the latter made an error in issuing an AUD$100 refund. Instead of the refund amount, an…
” Binance Aus ramping up measures to protect vulnerable users, says CEO “ Binance Australia is tightening up its onboarding process for new users as part of a push to protect users it has flagged as most vulnerable to financial crypto crime. The new measures were mentioned in Binance Australia’s June quarter Economic, Social, and…
” Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22-29 “ Australia’s financial regulator, Securities and Investments Commission (ASIC), has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years. The regulator intends to focus on “digitally enabled misconducts” and to…
“Aussie tourist arrested after illegally riding a moped through Pompeii heritage site” An Australian tourist has made international headlines and was labelled a “barbarian” after he was arrested for riding through an UNESCO world heritage site in Italy. The male tourist, aged 33, was charged with “unauthorized access” by police after he drove a moped…
” Aussie asset manager to offer crypto ETF using unique license variation “ Australian asset manager Monochrome Asset Management has landed the country’s first Australian financial services license (AFSL) for a spot crypto exchange-traded fund (ETF). Speaking to Cointelegraph, Jeff Yew, CEO of Monochrome Asset Management, said the AFSL approval is significant, as until this…
” Australian Securities Exchange takes step towards tokenized asset trading “ Companies on the Australian Securities Exchange (ASX) could be able to trade tokenized bonds, equities, funds, or carbon credits after a successful proof-of-concept trial led by the digital asset investment platform Zerocap. On Monday, Melbourne-based digital asset investment platform Zerocap told Cointelegraph it had…