US Imposes New Sanctions on Russia-Based Evil Corp
The U.S. Treasury, in coordination with the UK and Australia, sanctioned seven members and two entities linked to Russian cybercriminal group Evil Corp. Continuing its efforts to combat cybercriminals, the United States Treasury has sanctioned Russia’s Evil Corp members in partnership with the United Kingdom and Australia. The group is notorious for deploying Dridex malware […]
Australia Requires Crypto Firms to hold Financial Services Licenses
According to reports, Australian regulators are drafting a new guidance that will mandate cryptocurrency exchanges to obtain financial services licenses. According to The Australian Financial Review (AFR), the licensing requirements for crypto exchanges in Australia are expected to be expanded beyond those relevant to digital currency exchanges. Alan Kirkland, the Commissioner of the Australian Securities […]
Powerledger Joins Solana Mainnet Ecosystem
Powerledger co-founder John Bulich says the expansion underscores “that sustainability is a common goal that transcends ecosystems.” Australian energy tech company Powerledger has announced its expansion into the Solana ecosystem, emphasizing shared values with the blockchain network as interest in Regenerative Finance (ReFi) grows. “At the heart of both Powerledger and Solana is a shared […]
RBA Launches 3-year Program for Wholesale CBDC
The Reserve Bank of Australia (RBA) has announced that it will not pursue a retail CBDC. Instead, the bank will concentrate on the launch of a wholesale CBDC. During a speech at the Intersekt Fintech Conference in Melbourne on September 18, RBA Assistant Governor Brad Jones unveiled the Australian central bank’s three-year roadmap to establish […]
MoonPay Secures Australian Registration
MoonPay has registered with the Australian authority to offer cryptocurrency exchange services. The Australian financial intelligence agency, AUSTRAC, has formally registered cryptocurrency payments company MoonPay, opening the door for the company to provide cryptocurrency exchange services nationwide. MoonPay said in a blog post on September 12 that the change is anticipated to facilitate the establishment […]