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Bitcoin and Ether ETFs Debut on ASX as Betashares Partners With Bitwise

Bitcoin.com
Bitcoin and Ether ETFs Debut on ASX as Betashares Partners With Bitwise
Australia
Bitcoin and Ether ETFs Debut on ASX as Betashares Partners With BitwiseThe launch of bitcoin and ether ETFs on the Australian Securities Exchange (ASX) by Betashares provides Australian investors with a regulated and accessible way to gain exposure to digital assets. Betashares Expands Crypto Offerings With Bitcoin and Ethereum ETFs in Australia Betashares has officially launched its bitcoin and ether ETFs on the Australian Securities Exchange […]
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South African Firm Altvest Capital Adds Bitcoin to Treasury

South African Firm Altvest Capital Adds Bitcoin to Treasury

Insurance Brokerage Giant Gallagher Launches Solution for Australian Digital Asset Firms

Bitcoin.com
Insurance Brokerage Giant Gallagher Launches Solution for Australian Digital Asset Firms
Australia
Insurance Brokerage Giant Gallagher Launches Solution for Australian Digital Asset FirmsGallagher, a leading insurance broker a specialized insurance product aimed at Australian companies managing digital assets. Civil Liability Cover Insurance broking giant Gallagher has unveiled a specialized insurance product designed to address the risks faced by Australian companies managing digital assets. Known as Gallagher Crypto-Pro, the product aims to help Australian companies operating in this […]
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South African Firm Altvest Capital Adds Bitcoin to Treasury

South African Firm Altvest Capital Adds Bitcoin to Treasury

Kraken Slammed With $5.1 Million Fine for Regulatory Breach in Australia

Bitcoin.com
Kraken Slammed With .1 Million Fine for Regulatory Breach in Australia
Australia
Kraken Slammed With .1 Million Fine for Regulatory Breach in AustraliaAn Australian court fined Kraken $5.1 million AUD for offering a margin lending product to Australian customers without proper regulatory approval. Unlawful Credit Facility An Australian court has fined the digital asset exchange platform Kraken $5.1 million Australian dollars (AUD) for “unlawfully issuing a credit facility to more than 1,100 Australian customers.” The penalty concludes […]
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South African Firm Altvest Capital Adds Bitcoin to Treasury

South African Firm Altvest Capital Adds Bitcoin to Treasury

Australia fines Kraken operator $5M for regulatory breaches

Coin Telegraph
Australia fines Kraken operator M for regulatory breaches
ASIC

Kraken Australia operator Bit Trade must pay $5 million plus court costs after the Federal Court sided with the country’s corporate watchdog.

Australia’s Federal Court fined the Australian operator of United States-based cryptocurrency exchange Kraken 8 million Australian dollars ($5.1 million) after siding with the country’s corporate regulator.

In a Dec. 12 judgment, Justice John Nicholas ordered Bit Trade, which operates Kraken Australia, to pay the fine within 60 days and cover court costs. The court found that Bit Trade failed to comply with design and distribution obligations and acted as a credit facility without a license.

The penalty is less than the $12.8 million sought by the Australian Securities and Investments Commission (ASIC), which Nicholas described as “excessive.” Still, it exceeded Bit Trade’s request to limit the fine to $2.5 million, which the judge deemed “insufficient.”

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South African Firm Altvest Capital Adds Bitcoin to Treasury

South African Firm Altvest Capital Adds Bitcoin to Treasury

Australian Fintech Report: Blockchain and Crypto Sector Contracts Amid Global Shift to AI

Bitcoin.com
Australian Fintech Report: Blockchain and Crypto Sector Contracts Amid Global Shift to AI
Australia
Australian Fintech Report: Blockchain and Crypto Sector Contracts Amid Global Shift to AIA recent KPMG report shows a 14% decline in the number of active firms in Australia’s blockchain and cryptocurrency sector in 2024. M&A and Investment Activity Subdued in 2024 According to a recently released KPMG report, the number of active firms in Australia’s blockchain and cryptocurrency sector dropped from 85 to 74. This translates to […]
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South African Firm Altvest Capital Adds Bitcoin to Treasury

South African Firm Altvest Capital Adds Bitcoin to Treasury

Crypto.com Expands Offerings With Acquisition in Australia

Bitcoin.com
Crypto.com Expands Offerings With Acquisition in Australia
Australia
Crypto.com Expands Offerings With Acquisition in AustraliaCrypto.com has announced its acquisition of Fintek Securities Pty Ltd., a brokerage firm with an Australian Financial Services Licence regulated by the Australian Securities and Investments Commission. This move allows Crypto.com to broaden its financial product offerings, including derivatives, securities, foreign exchange, and managed investment schemes, to eligible users. CEO Kris Marszalek highlighted the acquisition […]
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South African Firm Altvest Capital Adds Bitcoin to Treasury

South African Firm Altvest Capital Adds Bitcoin to Treasury

Kraken Launches Licensed Broker Offering for Australian Wholesale Clients, Expanding Access to Crypto-Based Derivatives

Bitcoin.com
Kraken Launches Licensed Broker Offering for Australian Wholesale Clients, Expanding Access to Crypto-Based Derivatives
Australia
Kraken Launches Licensed Broker Offering for Australian Wholesale Clients, Expanding Access to Crypto-Based DerivativesKraken has announced the launch of a licensed broker offering specifically designed for Australian wholesale clients, providing access to a range of crypto-based derivatives products. This new service allows eligible clients to manage risk and gain exposure to cryptocurrency price movements without the need to hold the underlying assets. The offering is backed by Kraken’s […]
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South African Firm Altvest Capital Adds Bitcoin to Treasury

South African Firm Altvest Capital Adds Bitcoin to Treasury

Monochrome Asset Management Launches Ethereum ETF in Australia

Bitcoin.com
Monochrome Asset Management Launches Ethereum ETF in Australia
Australia
Monochrome Asset Management Launches Ethereum ETF in AustraliaMonochrome Asset Management has announced the launch of the Monochrome Ethereum ETF (IETH), marking Australia’s first exchange-traded fund (ETF) that provides direct access to ethereum. Trading under the ticker ‘IETH’ on Cboe Australia, the ETF will be available on most Australian brokerage platforms, allowing local investors to gain exposure to ethereum through a direct-holding structure. […]
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South African Firm Altvest Capital Adds Bitcoin to Treasury

South African Firm Altvest Capital Adds Bitcoin to Treasury

Bitcoin Cash: Empowering Merchants and Boosting Adoption in Bitcoin Cash City

Bitcoin.com
Bitcoin Cash: Empowering Merchants and Boosting Adoption in Bitcoin Cash City
Announcements
Bitcoin Cash: Empowering Merchants and Boosting Adoption in Bitcoin Cash CityBitcoin Cash (BCH) has emerged as a popular cryptocurrency, offering fast and low-cost transactions. In the vibrant city of Townsville, Australia, BCH adoption has reached new heights, thanks to the Bitcoin.com Wallet app and the Bitcoin.com point of sales register app. This article explores how the Bitcoin.com ecosystem, backed by generous supporters like Code Valley, […]
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South African Firm Altvest Capital Adds Bitcoin to Treasury

South African Firm Altvest Capital Adds Bitcoin to Treasury

Circle to Expand USDC Stablecoin to Australia and APAC Region Through Strategic Partnership

Bitcoin.com
Circle to Expand USDC Stablecoin to Australia and APAC Region Through Strategic Partnership
APAC
Circle to Expand USDC Stablecoin to Australia and APAC Region Through Strategic PartnershipMark Carnegie’s MHC Digital Group is partnering with Circle Internet Financial to expand the distribution of the stablecoin USD Coin (USDC) to institutional investors in Australia and the broader Asia-Pacific (APAC) region. This strategic collaboration aims to help superannuation funds and high-net-worth individuals avoid significant bank fees by leveraging USDC, which has a market capitalization […]
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South African Firm Altvest Capital Adds Bitcoin to Treasury

South African Firm Altvest Capital Adds Bitcoin to Treasury

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