Zodia Custody, a highly secured vault for Crypto, has become the first global crypto custodian to support AUDM, which is Australia’s first regulated Australian dollar stablecoin. This move makes it safer and more secure for the Banks, funds, and large institutions to safely use stablecoins in Australia. AUDM Gains Institutional-Grade
Australia Parliament is going ahead with a wide-ranging law that will make crypto exchanges and crypto custody services companies to get a financial license just like banks and other traditional financial institutions. The regulation bill was brought in by the assistant treasurer, Daniel Mulino, to cover the gaps in the
Australia’s financial regulator has released extensive new guidance for digital asset providers, representing a landmark moment for the country’s blockchain industry. The Australian Securities and Investments Commission (ASIC) updated its regulatory guide on Wednesday, mandating cryptocurrency platforms to secure adequate licensing by the middle of the year. Executive industry stakeholders
Global crypto exchange OKX has expanded its coverage in Australia with the launch of a regulated digital asset platform specifically for self-managed superannuation funds (SMSFs). The platform is built to make it easier for retirees and trustees to tap into crypto while also streamlining the tricky parts like reporting, auditing,
In Australia, self-managed superannuation funds decreased crypto investments by 4% on year-on-year basis, which is contrary to the overall trends in the development of the digital asset market. According to the Australian Taxation Office, the crypto holdings decreased to $3.02 billion Australian dollars in June 2025, compared to the $3.12
The Australian Securities and Investment Commission (ASIC) is looking for special leave from the High Court to appeal a ruling in favor of Block Earner, boosting the status of virtual asset yield products. The ASIC is requesting the High Court to shed light on how interest-earning and asset conversion products
A judge in Australia decided that Bitcoin should be treated as money rather than a taxable asset, which may significantly change the nation’s cryptocurrency tax environment. The decision might result in capital gains tax (CGT) returns of over $640 million for Bitcoin transactions. The May 19 ruling resulted from a
Melbourne-based cryptocurrency exchange Cointree has been fined $75,120 by Australia’s financial intelligence agency, AUSTRAC, for failing to submit suspicious matter reports (SMRs) on time. This fine comes amid a broader crackdown by regulators aiming to reinforce anti-money laundering compliance within the growing digital asset sector. According to AUSTRAC, the fine
Block Earner, an Australia-based FinTech company, has secured a victory as the Federal Court of Australia reversed a decision that the platform needs an Australian financial services license (AFSL) to offer its crypto-linked “Earner” product. The Australian Securities and Investment Commission announced on April 22 that the recent judgment reversed
Coinbase urged Australian voters to prioritize crypto reforms in the upcoming federal election set for May 3, 2025. John O’Loghlen, Coinbase’s APAC Managing Director, expressed concern over Australia’s unclear crypto regulations. Despite high crypto adoption, Australia lacks a defined policy environment, which drives talent and funds to more welcoming markets.
