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Australia
Australian Crypto Exchange Swyftx, Share Trading Platform Superhero Abandon Merger Plan
The regulatory environment is not one in which mergers of traditional businesses and crypto-native companies can easily take place, one lawyer said.
Australia Moves to Tighten Safety Around Crypto in 2023
Australia's Treasury has invited feedback for a consultation paper that will include a framework for regulating crypto service providers.
Australian Crypto Exchange Swyftx Cuts 90 Jobs, Reducing Workforce by 35%
The exchange said that it doesn't have any direct exposure to FTX, although the job cuts are a result of the crypto downturn caused by FTX.
Australia's Markets Watchdog Sues Fintech Company Block Earner
The Australian Securities and Investments Commission said the company offered fixed-yield earning products that should be licensed, leaving consumers without important protections.
Startup Arkon Energy Raises $28M to Further Expand Into Bitcoin Mining
The Australian company also bought Hydrokraft AS, a renewable energy-based data center in Norway with up to 60MW of power capacity.
Australian Securities Exchange Cancels Blockchain-Based Clearing System at $168M Cost
The ASX said the decision has been taken "in light of the solution uncertainty."
FTX Australia Calls In the Administrators: Report
The move was made after FTX CEO Sam Bankman-Fried did not attend a board meeting.
Cosmos Asset Management Intends to Delist Crypto ETFs in Australia
Cosmos' bitcoin ETF was Australia's first such fund when it listed on Cboe in April.
What the Mention of Crypto in Australia's Budget Means
“This may be the first time cryptocurrency has been mentioned in the federal budget papers," said Michael Bacina, a partner at law firm Piper Alderman.
Australian Markets Regulator Sues Promoter of Crypto Token Qoin
The Australian Securities and Investments Commission says BPS Financial, the company behind the token, ran misleading advertisements.
