ASIC Cancels FTX Australia’s License Amid Crypto Regulation

ASIC Cancels FTX Australia’s License Amid Crypto Regulation

The local affiliate of the defunct cryptocurrency exchange, FTX Australia, has had its banking license canceled by the Australian financial regulator. The revocation was notified on July 19 by the Australian Securities and Investments Commission (ASIC). It becomes effective on July 14.Until July 12, 2023, the exchange will be permitted to provide a limited range […]

How To Code a Bitcoin Mining Web App

How To Code a Bitcoin Mining Web App

Coding a Bitcoin mining web app is a complex task that requires expertise and knowledge of mining. A step-by-step guide on how to code a Bitcoin mining website from start to deployment has been provided in this article. Bitcoin mining is the process of adding transaction records to Bitcoin’s public ledger of past transactions. This […]

ASIC sues BPS Financial over crypto token promotion

ASIC sues BPS Financial over crypto token promotion

The Australian Securities and Investments Commission (ASIC) is suing BPS Financial Pty Ltd for allegedly making false and misleading promotions for its Qoin crypto token. The Australian Securities and Investments Commission (ASIC) declared on October 25 that BPS Financial had been subject to civil penalty proceedings for making “false, misleading, or deceptive claims” to its […]

Australian regulator stops three crypto funds due to non-compliance

Crypto.com Acquires Fintek, Offers Equities Trading

Due to “non-compliant” target market decisions, three crypto funds have received temporary stop orders from Australia’s market regulator. Due to non-compliant target market determinations, Australia’s primary financial market regulator has issued temporary stop orders on three crypto funds that were going to be made available to retail investors (TMDs). The Australian Securities and Investments Commission […]

List of top 15 crypto mining companies

List of top 15 crypto mining companies

Mining of cryptocurrencies helps to add crypto to the market, some of the top 15 crypto mining companies who are in the business of mining crypto using algorithms and specific equipment have been provided in this article. Crypto mining is the process of adding new crytocurrencies to the market and is an important part of […]