“The Australian Treasury’s token mapping exercise is one of the most detailed and thoughtful papers we have seen on the topic, and it sets a strong foundation for their forthcoming draft rules for cry...
Tag: Australias
Possible Timeline For Australia’s Crypto Legislation Revealed
For some folks, cryptocurrencies are complex and high-risk assets, which makes them hard to comprehend despite their potential. This limitation has posed challenges for several governments while seeki...
Australia’s Substantive Crypto Regulation Could Wait Until 2024
Australia’s substantive crypto regulation cannot be achieved earlier than 2024. The government plans to release consultation papers in the second quarter of 2023. Perceived delay in regulation would l...
Australia’s crypto regulations may be delayed until 2024, details inside
Crypto legislation in Australia may be delayed until 2024 or later, as the government is looking to get a complete picture of the industry. Treasury anticipates that some stakeholders such as consumer...
Internal documents reveal Australia’s potential timeline for crypto legislation: Report
Crypto legislation in Australia could be dragged out past 2024 and beyond, with the government seemingly wanting to take its time in order to get a full picture of the industry — internal documents fr...
Australia’s Reserve Bank launches CBDC pilot.
Central Bank Digital Currencies (CBDCs) continue to grow. The Reserve Bank of Australia (RBA) is the latest entrant to delve into CBDCs’ real-life utility. Central banks worldwide have explored the p...
Australia’s Central Bank Selects CBDC Use Cases As It Prepares For Pilot Study
The Reserve Bank of Australia (RBA) published a report on Wednesday outlining its selected use case proposals of a central bank digital currency (CBDC) alongside their respective providers. This repor...
Australia’s Crypto King, TikTok, Botticelli
Welcome to the 107th Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write a...
Australia’s Finance Regulator Opens Targeted Review Into Binance
Australia’s financial regulator will carry out a “targeted review’ into Binance’s derivatives business in the country after the company revealed it had classed some users incorrectly. On Thursda...
The crumbling empire of Fred Schebesta, Australia’s self-titled Crypto King
Fred Schebesta, the founder and former CEO of Australian financial services comparison application Finder, self-describes as the ‘Crypto King of Australia.’ He sold his over-the-counter trading (OTC) ...
The Accountant Who Became An Unlikely Cricket Hero In Australia’s Big Bash League
Nick Hobson became an unlikely hero in the Big Bash League final (Photo by Paul Kane/Getty Images) Getty Images Nick Hobson holds down a full-time job as an accountant at Ernst & Young, but he won...
Australia’s Government is Bolstering Its Market Regulator’s Digital Asset
As part of its “multi-stage strategy” to cracking down on cryptocurrencies and ensuring that crypto companies provide accurate risk disclosures, the Australian government is increasing the...
King Charles III Won’t Appear On Australia’s New Banknotes
Topline King Charles III will not feature on Australia’s new $5 banknote, the country’s central bank announced on Thursday, a divisive step as Britain’s former colonies reevaluate their ties to the mo...
Australia’s ASIC aired concerns about FTX ‘eight months’ before its collapse
Australia’s financial regulator raised concerns about FTX’s local subsidiary up to eight months before the exchange’s collapse Approx. 30,000 Australian customers and 132 businesses are owed money or ...
$XRP & $BLUNT become Australia’s Favorite Cryptos
The global economy is experiencing difficulties with power supply and inflation, which has negatively impacted the cryptocurrency market. Prices have dropped significantly since the beginning of 2022,...
Steve Smith’s Brilliance Reinforces Why Australia’s Top Cricketers Need To Play In Big Bash League
Steve Smith has scored two memorable hundreds in the BBL (Photo by Mark Evans – CA/Cricket Australia … [+] via Getty Images) Cricket Australia via Getty Images Forget about gimmicks, tacti...
Australia’s ‘Big Four’ Bank NBA To Mint Stablecoin On Ethereum, Algorand ⋆ ZyCrypto
Advertisement     One of the four biggest banks in Australia, the National Australia Bank (NAB), has announced that it will soon roll out a new Australian dollar-pegge...
Australia’s NAB mints AUDN stablecoin – Cryptopolitan
The National Australia Bank (NAB) will introduce an Australian dollar-pegged stablecoin on the Ethereum network, making it the second of the “Big 4” Australian banks to do so. According to a Jan. 18 r...
China’s reopening could boost Australia’s economy by 1%, JPMorgan says
According to JPMorgan, a full recovery in Australia’s tourism will add 0.5 percentage points to its GDP and the return of international students from China will add another 0.4 percentage points...
Amid Uncertainty Over Test Cricket’s Future, Australia’s Governing Body Lands Billion Dollar Broadcast Deal
Australian cricket is in a healthy state (Photo by Mark Witte/Getty Images) Getty Images It’s a monster broadcast deal that will make many other cash-stricken cricket nations extremely envious. After ...
Australia’s Test Cricket Team On Cusp Of Greatness After Thrashing South Africa
Australia thrashed South Africa to wrap up the series (Photo by Dave Hewison/Speed Media/Icon … [+] Sportswire via Getty Images) Icon Sportswire via Getty Images Granted they’ve faced meek oppos...
FTX owes $33 million to Australia’s Digital Surge
Digital Surge, the defunct Australian cryptocurrency exchange, is owed $33 million by FTX, which was one of the world’s largest crypto platforms before it went bankrupt in November. Digital Surge owed...
Australia’s $130 Billion Wealth Fund Bets Inflation to Persist
(Bloomberg) — Australia’s sovereign wealth fund is positioning for inflationary pressures to persist around the world, betting that gold and other commodities will offset crimped returns across ...
Australia’s Biggest Stock Exchange Shelves Blockchain Project, Writes Off $170M
Australian Securities Exchange (ASX) has shelved its seven-year-long project to ramp up the exchange’s CHESS clearing and settlement system using blockchain after an independent audit by Accenture rep...
Australia’s ASE scraps blockchain project despite $170M investment
The Australian Securities Exchange has announced that it will no longer be going forward with its much-anticipated CHESS replacement project. The project sought to replace the exchange’s 25 year-old ...
Aussie Regulator Terminates FTX Australia’s License
The Australian Securities & Investments Commission (ASIC) suspended the FTX Australia license until May 15, 2023, following the exchange’s recent fiasco. The crash has affected around 30,000 Aussi...
FTX Australia’s license suspended as 30K Aussies left in the lurch
Australia’s financial markets regulator has suspended FTX Australia’s financial license following the appointment of a voluntary administrator to help nearly 30,000 Australians and 132 Australian comp...
Australia’s AGL Energy To Accelerate Exit From Coal Power As Billionaire Activist Installs Board Nominees
Mike Cannon-Brookes, co-founder and chief executive officer of Atlassian Pty Ltd., reacts during the … [+] Financial Review ESG Summit in Sydney, Australia, on Friday, June 15, 2022. Photographe...
Australia’s ASIC cautions users against crypto-scams with new advisory
Australia’s market regulator, the Australian Securities and Investments Commission (ASIC), has released a list of the top-10 ways to spot a cryptocurrency scam. The advisory came amidst a steep rise i...
US Carmakers Passing Up Lithium From Australia’s First Refinery
(Bloomberg) — The head of Australia’s first lithium hydroxide refinery says it’s attracted little attention from US carmakers seeking to buy the metal that’s crucial to the world’s renewable ene...
Australia’s Leading Web3 Founders Launch Upside DAO with $5M in Funding
The DAO re-invests capital, capabilities & connections to help retention and attract the best Web3 talent to Australia SYDNEY–(BUSINESS WIRE)–Upside, a Web3 focussed Investment Decentralised Auton...