Bitcoin News / Bitcoinist - 8 months ago
Cryptocurrency and blockchain technology are rapidly gaining momentum and widespread acceptance in Australia, with nearly a quarter of the population now owning cryptocurrency assets.
Almost A Quarter Of The Population Invests In Cryptocurrency
On W...
Bitcoin News / Bitcoin.com - 8 months ago
A significant portion of scam money is getting laundered through cryptocurrency exchanges, the CEO of the Australian Banking Association has alleged. The Australian Financial Crimes Exchange said as much as 47% of all fraud and financial scam proceed...
by COINS NEWS - 8 months ago
Real world use cases! LOL, we need to do better, I want to see "Crypto platforms something something life saving surgery or this that wealth building for the struggling" in the near future. Not this :( submitted by /u/Bo...
Bitcoin News / Bitcoin.com - 9 months ago
The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against the crypto platform Etoro. The lawsuit relates to Etoro’s contract for difference (CFD) product which ASIC alleges to be in breach “of design and dist...
Cryptocoins News / Blockchain - 9 months ago
The Australian Securities and Investments Commission (ASIC) has filed a case in the Federal Court against the online investing platform eToro Aus Capital Limited about the suitability of eToro's target market for contract for difference (CFD) product...
Cryptocoins News / The Cointelegraph - 9 months ago
The Australian Securities and Investments Commission alleged eToro users with no understanding of CFD product risks could still buy them on the platform. Australia’s f...
Bitcoin News / Bitcoinist - 9 months ago
Australia’s Bendigo Bank has become the latest bank in the country to block crypto payments. The bank recently announced that it was blocking “high-risk crypto payments” in a bid to protect customers from investment scams.
New Rule To Affect Fiat On...
by COINS NEWS - 9 months ago
Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges. Australia’s Bendigo Bank has bec...
More / Bitcoin Reddit - 9 months ago
Australia banks are going to miss the bus. It looks like they’re going to FOMO in late, even after Blackrock have gone all in, you’d think they would’ve clicked by now….???? submitted by /u/ANIAT444 [link] [comments]
Bitcoin News / Bitcoin.com - 9 months ago
Australia’s securities regulator has canceled the license of the local FTX entity, allowing it to perform only limited financial services. These will be related to the termination of derivatives with clients and arrangements to compensate retail cust...
Bitcoin News / Bitcoinist - 9 months ago
FTX, the now-bankrupt cryptocurrency exchange, has had its financial license for the local subsidiary, FTX Australia, revoked by the Australian Securities and Investments Commission (ASIC). This decisive action represents a notable moment in Australi...
by COINS NEWS - 9 months ago
Source: https://www.nab.com.au/about-us/security/cryptocurrency-transaction-changes The NAB on the 18 July 2023, has released a statement that they are going to be limiting the transfer of money from NAB to crypto exchanges We're protecting you...
Cryptocoins News / Finance Magnates - 9 months ago
The Australian Securities and Exchange Commission (ASIC) today (Wednesday) announced the cancellation of the Australian financial services (AFS) license held by FTX Australia Pty Ltd (FTX Australia), effective from 14 July.
FTX Australia Has Lost Its...
Bitcoin News / Bitcoin.com - 9 months ago
National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with certain sc...
Cryptocoins News / The Cointelegraph - 9 months ago
ASIC had previously suspended FTX’s license to operate in Australia; now the securities regulator has canceled it entirely. The Australian financial services regulator...
Bitcoin News / Bitcoinist - 9 months ago
National Australia Bank (NAB) has implemented measures to block certain payments to crypto exchanges deemed “high-risk,” following similar actions taken by other major Australian banks, including Commonwealth Bank of Australia and Westpac...
Cryptocoins News / The Cointelegraph - 9 months ago
National Australia Bank is the latest bank to announce blocks on certain cryptocurrency exchanges, citing the high risk of scams. Another major bank in Australia has s...
More / Bitcoin Reddit - 9 months ago
Does anyone know any bank in Australia that doesn't have a 24 hour holding period to transfer fiat to a crypto exchange. I'm with CBA and they have recently put in limits, restrictions and a 24 hour transaction time to transfer to a crypto ex...