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Australia
Australia Starts Research Program to Explore Digital Asset Opportunities
The Digital Finance Cooperative Research Center is a $124.3 million program funded by industry partners, universities and the Australian Government – which is beginning a review of how cryptocurrency assets are managed. Piper Alderman Partner Michael Bacina discusses what this means for future adoption and regulation in Australia.
Crypto.com Wages Legal Battle After Accidentally Refunding User $10M Instead of $100
Exchange Crypto.com accidentally transferred an Australian woman $10 million instead of the $100 refund she requested last year, according to the Daily Mail. “The Hash” panel discusses the subsequent lawsuit and it means for future regulation.
Australia Starts Research Program to Explore Digital Asset Opportunities
The Assistant Treasurer and Minister for Financial Services Stephen Jones officially started the program Monday at the Australian Securities Exchange.
Tornado Cash Storm; Australia Plans Crypto Rules
Tornado Cash sanction brews up a storm. Uniswap blocks over 250 wallet addresses from frontend in sanction compliance. Could Australia’s "token mapping" plan be the way forward for crypto regulation? Celsius "withhold" account depositors lawyer up to seek claims. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Will Global Regulations Stifle the Crypto Industry or Encourage New Users?
Worldwide, financial regulators are working to expand their oversight without limiting innovation.
Australia to Review How Crypto Assets Are Managed
Australia’s new government, led by Prime Minister Anthony Albanese since May 23, will prioritize “token mapping” work in 2022 to “improve the way Australia’s regulatory system manages crypto assets, to keep up with developments and provide greater protections for consumers,” Australian Treasurer Jim Chalmers said via Twitter.
Australia to Use 'Token Mapping' as Framework for Crypto Regulation
Australian Treasurer Jim Chalmers says the aim is to keep up with developments and protect consumers.
Crypto’s Institutional Boost
Institutional interest in crypto on the rise, with BlackRock’s bitcoin fund as one example. What signal is that institutional interest giving to investors? Australia proving attractive to the crypto sector. More on those stories in this special edition of "The Daily Forkast."
Reserve Bank of Australia Starts Pilot to Explore CBDC Use Cases
Australia's central bank plans to create a CBDC that will operate in a ring-fenced environment.
Crypto-Miner Mawson Says CFO Resigns
The company appointed Ariel Sivikofsy as a consultant until it selects a replacement.
