ASIC News
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 ...
Block Earner Wins Big: Aussie Court Throws Out Crypto Lending Case
Australia’s Full Federal Court has ruled in favour of crypto lender Block Earner, overturning a previous decision that its now-discontinue...
Australia Cracks Down on Crypto Scams, Winds Up 95 Companies
Australia’s security watchdog has intensified its efforts to combat online fraud and protect consumers from sophisticated scams involving ...
Bro of Breakdancer ‘Raygun’ Charged Over $180K Crypto Fraud
The brother of Olympic breakdancer and national embarrassment, Rachel ‘Raygun’ Gunn, has been in court recently for some ‘sick movesâ€...
Coalition Pledges to Fast-Track Crypto Regulation, Echoing Trump’s Deregulatory Zeal
The Australian Coalition Party is taking a leaf out of Donald Trump’s book, as the election race heats up. Peter Dutton, leader of the Lib...
Digital Assets Akin to Ciggies Bartered In Prison: ASIC Exec Puts Foot In Mouth
Have you heard the news? Crypto is like ciggies…prison ciggies that is. Yes, you read that right. According to the Australian Securities a...
Australian Court Fines Kraken $8 Million for Operating Unlawful Credit Facility
Global crypto exchange Kraken is in trouble with Australian regulators – to the tune of AU $8m. Kraken’s history in Australia stre...
Chance for Australian Crypto Businesses to Shape ASIC Guidance on Digital Asset Compliance
Financial regulator, the Australian Securities and Investments Commission (ASIC), has today released a consultation paper outlining proposed...
RBA Governor Says Bitcoin Not Money and Has ‘No Role’ in Australian Economy, as Bitcoin Temporarily Dips Below $89k
Surely, with the euphoria that the post-US-election rally brought, everyone is now behind crypto, right? Well, the Governor of the Reserve B...