Altcoins
Ripple partners with Onafriq for African cross-border payment channels
The partnership aims to reduce the high costs and lengthy transfer times associated with traditional remittance payments.
Zoltan Vardai
Lens
Australia
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Regulation
Australian Treasury to release crypto draft legislation by 2024
The Australian Department of the Treasury said it will accept feedback on the draft bill by December.
Zoltan Vardai
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Regulation
National Australia Bank to block some crypto exchanges
NAB, one of Australia's “big four” banks, announced it is taking action to block some payments to “high-risk” cryptocurrency exchanges, as part of its new measures aimed at protecting customers from scams.
Pradipta Mukherjee
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Regulation
Australian regulator searches Binance’s local offices: Bloomberg
Australian Securities and Investments Commission (ASIC), the country’s financial services regulator, searched the local offices of Binance on Tuesday as part of an ongoing investigation of the exchange’s derivatives business, a Bloomberg report said.
Pradipta Mukherjee
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Regulation
Independent Reserve plans Hong Kong office, explores further Southeast Asia expansions
Independent Reserve may have a new Hong Kong office in the “next few months,” the Singapore chief of the Australian crypto exchange said in an exclusive interview. Focusing on institutional clientele, the exchange aims to double trade volumes and expand its user base this year.
Pradipta Mukherjee
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Regulation
Binance suspends Australian dollar services
World's largest cryptocurrency exchange halts Australian dollar services after payment provider cuts off service.
Yohan Yun
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Regulation
ASIC cancels Binance Australia’s derivatives license
The Australian securities regulator has canceled Binance Australia's derivatives license.
Forkast.News
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Regulation
Australia’s central bank identifies CBDC use cases as it prepares pilot launch
Australia has outlined potential use cases and providers for a central bank digital currency (CBDC), with a pilot program to be launched in the coming months.
Dylan Butts
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Altcoins
National Australia Bank to launch AUDN stablecoin: report
National Australia Bank, one of the four major banks in the country, has created a stablecoin AUDN for cross-border transactions and carbon credit trading, according to an Australian Financial Review report.
Pradipta Mukherjee
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Crypto Trading and Strategies
Australian crypto exchange Swyftx cuts 40% of jobs amid fallout from FTX collapse
Australian cryptocurrency exchange Swyftx cut 90 staff members — or 40% of its workforce — to prepare for a “worst-case scenario” in the market from the collapse of FTX.com.
Lachlan Keller
