Tag: Australia

Australia Mandates Financial Services Licenses for Crypto Firms Under New ASIC Regulations

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The Australian Securities and Investments Commission (ASIC) has announced new legislation requiring cryptocurrency exchanges to obtain financial services licenses. This expansion of the Corporations Act aims to provide clearer oversight of the crypto sector, ensuring that widely traded crypto assets, such as bitcoin, are appropriately regulated. The new regulations are set to be implemented by […] Source link

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Okx Launches in Australia With Comprehensive Crypto Services

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Global crypto exchange and Web3 technology company, Okx, has officially launched its services in Australia. The platform now offers spot trading for all users and derivatives trading for verified wholesale clients. Users can deposit and withdraw AUD via most Australian banks and have access to express buy/sell, P2P, convert functions, and spot trading. A total […] Source link

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Troubled crypto exchange JPEX applies for deregistration in Australia

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Troubled Hong Kong crypto exchange JPEX has applied for deregistration in Australia. According to a filing seen by Cointelegraph on September 20, Jieyi Chen, director of JP-EX Crypto Asset Platform PTY LTD (JPEX), has filed a deregistration application with the Australian Securities and Investment Commission (ASIC). In the filing, JPEX claims that all members of the company agree to the deregistration, the company is no longer carrying business, its assets do not exceed $1000 Australian Dollars, and carries no liabilities. On September 13, during the Token2049 conference in Singapore, the…

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Bitcoin ATM Company ByteFederal Officially Launches In Australia

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Bitcoin ATM network company ByteFederal Australia has officially launched in Australia, according to a press release shared with Bitcoin Magazine.  “The launch of ByteFederal Australia marks an exciting milestone in our mission to democratize access to the digital asset ecosystem,” said Alek Trpkoski, Managing Director of ByteFederal Australia. “We are dedicated to providing our customers with a seamless, secure, and user-friendly experience as they navigate the dynamic world of cryptocurrencies and blockchain technologies.” Entering into the Australian market, ByteFederal states it is steadfast in upholding the highest standards of compliance and regulatory…

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