Australia

ASIC revokes Binance Australia’s financial services license

The Australian Securities and Investments Commission (ASIC) revoked Binance Australia’s financial services license following a targeted review of the exchange’s operations.

Australian Government Set To Release Regulatory Framework For Cryptocurrencies in 2023

Australia’s government looking to roll out a regulatory framework for the crypto industry in 2023.

FTX Reportedly Secured Its Australian License Through A Loophole

FTX Australia acquired the AFSL by purchasing IFS Markets in December 2021. This allowed FTX Australia to operate without undergoing any regulatory tests. 

Swyftx Cuts 35% Of Staff In Its Second Round Of Layoffs

Swyftx has cut about 35% of its employees in its second round of layoffs due to the worsening market conditions. The exchange laid off 90 employees today to re-position better and ensure financial stability.

Study Claims Only 25% Of Australians Support CBDCs

A recent study conducted by Morning Consult revealed that the citizens of a number of developed nations are against issuing CBDCs.

Australia Could Be A Bitcoin Mining Superpower

Australia seems to have the perfect trifecta of government stability and support, societal adoption, and bountiful sunshine and land for clean energy production. Australia may not be the country many people think of as a potential Bitcoin superpower, but maybe they should.

Maple Finance Offers To Help Bitcoin Mining Firms With a $300M Lending Pool

Maple Finance has come to the aid of Bitcoin mining firms by launching a $300M lending pool. It aims to deliver “low-teen” risk-adjusted returns to accredited investors and capital allocators.

South Australia’s First Solar-Powered Bitcoin Mining Facility Begins Operation

A crypto mining facility has been established in South Australia, and it will be powered primarily by solar energy. Local authorities say the development is important for decarbonizing blockchain.

Latest News

Australia Could Be A Bitcoin Mining Superpower

Australia seems to have the perfect trifecta of government stability and support, societal adoption, and bountiful sunshine and land for clean energy production. Australia may not be the country many people think of as a potential Bitcoin superpower, but maybe they should.

Maple Finance Offers To Help Bitcoin Mining Firms With a $300M Lending Pool

Maple Finance has come to the aid of Bitcoin mining firms by launching a $300M lending pool. It aims to deliver “low-teen” risk-adjusted returns to accredited investors and capital allocators.

South Australia’s First Solar-Powered Bitcoin Mining Facility Begins Operation

A crypto mining facility has been established in South Australia, and it will be powered primarily by solar energy. Local authorities say the development is important for decarbonizing blockchain.