The online casino industry has seen a huge boom in recent years, and the Australian gaming market has also seen impressive growth. The industry has been thriving since regulation came into place in 2001 under the Interactive Gambling Act. Our gambling experts have researched the gaming landscape and always strive
The Economic Legislation Committee of the Australian Senate has voiced strong opposition to a Bill that would support regulation of crypto trading platforms in Australia. InnovationAus.com, a public policy and commercial innovation think tank, said that the Committee’s rejection was based on the perception of internal strife within any movement
In order to provide investors with access to a spot Bitcoin exchange-traded fund (ETF) on the Australian Securities Exchange (ASX), Australian crypto investment company Monochrome Asset Management has revised its application with its partner Vasco Trustees. According to the company’s release on July 14, the Monochrome Bitcoin ETF would be
Australian financial authorities are investigating cryptocurrency exchange Binance, and they recently conducted a search of the company’s premises. This is related to the investigation into derivatives, a business that Binance stopped doing in Australia earlier this year. Bloomberg claims that on Tuesday, July 4, agents from the Australian Securities and
Over this week, the crypto industry is at risk due to the back-to-back lawsuit from SEC against the major crypto firms. However, the Australian Commonwealth Bank (CBA) is prepared to shut the crypto payments to some of the exchanges or keep them on hold concerning the scams. Following the CBA
After collapsing in December with debts of more than $50 million, Australian crypto exchange TrigonX is the latest comeback story to emerge from the FTX failure. The Australian reported on May 29 that TrigonX director Matteo Salerno said the crypto exchange will be revived once a deed of company arrangement
In a major rebuke of the once-lauded idea that rose to popularity with cryptocurrencies. The operator of Australia’s stock exchange has abandoned plans to replace its software infrastructure using blockchain technology. The decision by the Australian Securities Exchange (ASX) to “pause” the rebuild of its complete trading, settlement, and clearing
After failing to secure funds from an unnamed investor, Australian blockchain startup Everledger has apparently filed for bankruptcy. According to the AFR on May 8, Everledger, a company that utilizes blockchain technology to trace the origin of diamonds and other items, was unable to close its most recent investment round.
A new law that would establish guidelines for the provision of crypto services in Australia has been submitted. The proposal has been submitted to the Australian Parliament. Digital Assets (Market Regulation) Bill 2023 was introduced by Senator Andrew Bragg as a private senators’ bill. This was with the stated purpose
MELBOURNE, Australia–(BUSINESS WIRE)–Ahead of this weekend’s Australian Grand Prix in Melbourne, Williams Racing and Kraken announce a major new global partnership, with the world-leading and trusted crypto platform becoming the team’s first ever Official Crypto and Web3 Partner. Founded in 2011, Kraken is one of the world’s largest digital asset
