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Tag: Jim Chalmers

Australia Proposes Tighter Crypto Rules: Mandatory Licenses and Reviews

The Australian government is proposing licensing cryptocurrency trading platforms, along with tighter oversight of customers’ funds. A proposal released today (Monday) detailed that Aussie...

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Australia Gives Its Crypto Watchdogs More Teeth To Fight Scammers

In 2022, the crypto space faced a high rate of scams and fraudulent activities, especially in the DeFi sector. Scammers use phishing, fake ICOs...

FBI Busted Master Cyber Fraud, Seized Fortune-worth Assets

The FBI has seized two NFTs and 86.5 Ether from an alleged phishing scammer On-chain detective ZachXBT tweeted that his investigation resulted in...

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...

Australia Goes Hot and Cold With Crypto in New Rules

Australia has published a document containing rules to regulate crypto in the country. The rule also showed that Australia acknowledges opportunities with crypto....

Swyftx to chop its ‘Earn’ program this week, citing murky regulations

Australian crypto exchange Swyftx is set to shutter its crypto-interest product this week, citing a “constantly changing regulatory landscape” for crypto products in the...

Australia Hints Crypto Regulation Will Arrive in 2023

The government of Australia has hinted it’s going to be implementing cryptocurrency regulations in 2023. The announcement comes on the heels of the FTX...

Australia Accelerates Crypto Adoption Plans Ahead Of 2023

Advertisement &nbsp &nbsp The Department of Treasury, the Australian Government ministerial department responsible for economic policy, fiscal policy, market regulation, and budgeting, announced that...

Australia to Launch Crypto Licensing Regime to ‘Modernize’ Financial System

Australia will introduce a new framework for regulating crypto firms next year as part of wider plans to modernize the country’s financial system.In a...

Digital assets could add $40B a year to Aussie GDP: Tech Council report

Up to $40 billion a year (AU$60 billion), could be added to Australia's national GDP with the right regulatory framework and could lead to...

Australia's new government finally signals its crypto regulation stance

Three months after being elected into power, the Australian Labor party has finally broken its silence on how it's planning to approach crypto regulation. Treasurer...

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