Australia May Lag as RBA Governor Rejects Crypto’s Financial Role
RBA Governor Michele Bullock dismissed crypto’s role in Australia’s economy, despite Bitcoin nearing $100,000 amid regulatory optimism in the U.S. Industry experts warn this stance could hinder Australia’s global financial competitiveness. Why RBA Governor Rejects Crypto Role Michele Bullock, the Governor of the Reserve Bank of Australia (RBA), recently issued a direct critique of cryptocurrency, […]
Crypto.com Acquires Fintek, Offers Equities Trading
Crypto.com has acquired Fintek Securities, an Australian brokerage and trading company, granting it access to provide traditional financial products, including equities and derivatives, to consumers in Australia. Fintek maintains an Australian Financial Services Licence and is subject to regulation by the Australian Securities and Investments Commission (ASIC). Vakul Talwar, the general manager of Australia at […]
Wintermute Sends 2.3M TAI Tokens to Exchanges to Boost Liquidity
In response to yesterday’s acquisition of 3.3% of TAI’s circulating supply, Wintermute, a renowned global market maker in the digital asset sector, has intentionally transferred a portion of TAI tokens to centralized exchanges (CEXs), thereby enhancing TAI’s liquidity level, as reported by Spot On Chain. Gate.io and Bybit have received 2.302 million TAI, which is […]
Bitget Returns to UK Market with Local Rules Compliance
Bitget’s U.K. platform has formally relaunched and is now completely compliant with the Financial Promotions Regime. Just six months after halting its services for new users in the U.K., cryptocurrency exchange Bitget is returning to the country. The exchange announced in a press statement on November 12 that it has relaunched its services by the […]
Coinbase Stock Hits $300 For First Time Since 2021
On November 11, Coinbase stock (COIN) experienced a 20% increase in its stock price, which resulted in the company’s stock surpassing $300 for the first time since 2021. Donald Trump’s victory in the presidential election has resulted in substantial gains for coinbase stock, as many individuals anticipate that his victory will positively impact the industry, […]