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Category Australia & Oceania

Australian Federal Court Slams BPS Financial With Heavy Fine for Crypto Misrepresentation

Australian Federal Court Slams BPS Financial With Heavy Fine for Crypto Misrepresentation

The Australian Federal Court fined BPS Financial $9.7 million for operating its Qoin Wallet without a license and making misleading claims about it...
Australian Crypto Exchange Halts Trading, Enters Voluntary Liquidation

Australian Crypto Exchange Halts Trading, Enters Voluntary Liquidation

Australian crypto exchange group DAEX has ceased trading and entered voluntary liquidation. The liquidator is now urging creditors to come forward....
Australians Lose Millions in Unlicensed Crypto Scheme Targeting Retirement Funds

Australians Lose Millions in Unlicensed Crypto Scheme Targeting Retirement Funds

Hundreds of Australians have suffered major losses after a Federal Court ordered the liquidation of NGS Crypto and associated companies for operati...
Stablecoins Power Australia’s Financial Infrastructure, Zodia Study Finds

Stablecoins Power Australia’s Financial Infrastructure, Zodia Study Finds

A new Zodia Custody study highlights that stablecoins are functioning as the “quiet plumbing” behind key financial operations in Australia, with ad...
Australian Bitcoin Lobby Files Complaint Against ABC Over Misleading Article

Australian Bitcoin Lobby Files Complaint Against ABC Over Misleading Article

The Australian Bitcoin Industry Body (ABIB) has formally filed a complaint with the national broadcaster ABC regarding a Dec. 1 article concerning ...