ASIC News
Australia’s $60m Crypto Retirement Scheme Leaves Investors Short, Just $6.7m Found
Just AU$6.7 million has been traced from the $60 million invested by more than 450 Australians in a Gold Coast–based crypto mining scheme....
Australia Loosens the Reins on Stablecoins
ASIC has finalised new exemptions to ease licensing requirements for crypto businesses, aiming to boost innovation in digital assets and pay...
U.S. Senate Unveils Crypto Oversight Draft as Australia Sounds Alarm on Falling Behind
The US Senate Agriculture Committee has released a discussion draft of its part of the Senate’s crypto market structure bill, while Aussie...
Australia’s ASIC Updates Crypto Licensing Rules, Clarifies Bitcoin’s Status
Australia’s financial watchdog, ASIC, has updated its reading of how current rules apply to digital assets, signalling that much of the se...
Australia Grants Stablecoin Class Relief to Boost Digital Asset Innovation
Secondary distributors of stablecoins, issued by an issuer that holds an Australian Financial Services (AFS) license, have been granted clas...
Block Earner Raises $8M to Fuel Global Expansion and Expand Product Offerings
Sydney-based digital asset financial services firm, Block Earner, announced August 18 that it has secured AU$8 million in Series A funding, ...
ASIC Warns Against Bitget for Offering Unlicensed Crypto Futures in Australia
Australia’s financial regulator has pulled Bitget’s ear for allegedly marketing unlicensed crypto futures products with extreme leverage...
ASIC Taps Financial Heavyweights to Probe ASX After $250M Blockchain Fiasco
Australia’s financial regulator has launched a formal inquiry into the ASX Group’s internal operations after years of botched upgrades a...
ASIC Bans Adviser for a Decade After AU$15M Crypto Scam Theft
Glenda Maree Rogan has been banned from Australia’s financial services industry for ten years after funnelling nearly AU$15M into a crypto...
Aussie Watchdog Sues Boss of Collapsed Exchange ACX Over $20m in Customer Claims
Australia’s financial regulator, ASIC, has announced it will be pursuing civil proceedings against Liang ‘Allan’ Guo, the former direc...
ASIC Heads to High Court for Clarity on Block Earner’s Licence-Free Crypto Yields
Australia’s financial watchdog isn’t backing down after losing a key fight against Block Earner, a popular crypto lender in the country....
Australian Platform Finder Waves Goodbye to Crypto Trading with Swyftx Switch
Finder is exiting the crypto trading business. According to an announcement, the comparison site will shut down Wallet Ventures, its in-app ...