Cryptocurrency Law News
Aussie Regulator Asks Banks to ‘Proceed with Care’ Over Crypto
The Australian Prudential Regulation Authority (APRA) is in the final stages of drafting a letter to Australia’s financial institutions th...
Australian Consumer Watchdog Reports Uptick of Crypto Investment Scams
Crypto has officially overtaken conventional bank transfers when it comes to investment scams, according to the Australian Competition and C...
ASIC Releases Guidance Note for Australian ‘Finfluencers’
The Australian Securities and Investment Commission (ASIC) has released a document outlining which financial influencers may be in breach of...
EU Parliament Votes in Favour of KYC for Private Crypto Wallets
European Union lawmakers have voted in favour of controversial proposals that require exchanges to collect personal data from individuals wh...
Australia Announces ‘Badge of Approval’ Certificates For Crypto Exchanges
The Australian Securities and Investments Commission (ASIC) has announced that crypto exchanges can now receive a tick of approval. Any exch...
ASIC Warns Aussie Crypto Companies to Expect Higher Regulation Moving Forward
The Australian Securities and Investments Commission (ASIC) has warned cryptocurrency companies that they will be held to the same standards...
‘Satoshi Island’ Crypto Utopia Receives 50K Citizenship NFT Applications
The four-man team of entrepreneurs behind the ‘Satoshi Island’ project in the South Pacific claims to have already fielded 50,00...
QLD Construction Company Moves into Liquidation After Buying $3 Million of Qoin
Liquidator FTI Consulting has announced that a significant purchase of troubled token Qoin is behind Queensland construction company Privium...
Australian ‘2022 Digital Services Act’ Published for Crypto Custody Providers
The Australian Treasury has released a consultation paper outlining its proposed regulatory approach to crypto markets with a view to potent...
Australian Consumer Watchdog Sues Meta Over Crypto Scam Ads
The Australian Competition and Consumer Commission (ACCC) has announced it will be suing Meta over the company’s failure to block crypto s...
Coinbase Dragged into a Class Action Lawsuit for Selling 79 ‘Unregistered Securities’
One of the world’s leading digital asset exchanges has once again landed itself in hot water. This time it has been hit with a class a...
Ukraine’s President Signs Crypto Bill into Law Amid Fighting a War
Ukrainian President Volodymyr Zelenskyy has signed into law a bill that legalises the cryptocurrency sector and establishes a more favourabl...