Report Reveals Australia’s First Bitcoin ETF Could Attract $1 Billion After Launch
When the Cosmos Asset Management Bitcoin ETF launches on ASX Clear next week, Australian investors will be able to trade the country’s first Bitcoin spot ETF. Financial regulators have approved Australia’s first Bitcoin ETF, which will begin trading on April 27 and could see up to $1 billion in inflows, according to the Australian Financial […]
Chainalysis opens new branch office in Australia
Chainalysis, a leading blockchain analytics firm, is launching its first Australian office in Canberra, coinciding with the announcement that it has collaborated with the Commonwealth Bank to enable crypto trading to 6.5 million app users. Chainalysis , a blockchain data analysis platform launched by Jonathan Levin and Michael Gronager in 2014, was valued at US$4.2 […]
Australia is likely to approve a Bitcoin ETF
According to CoinDesk, Australian regulators are likely to allow ETPs based on Bitcoin and Ethereum in the near future, including ETFs. The Australian Securities and Investment Commission (ASIC) stated on Friday that Bitcoin and Ethereum are likely to be legally suitable as a basis for ETPs if all of the necessary criteria are met. ASIC […]
Senators Propose New Regulations for a Crypto-Friendly Future in Australia
The Australian senate committee made 12 changes to the present crypto licensing and rules, as well as tax legislation. Australia might lead the digital economy if the laws were friendly, legislators say. It has been stated by the Senate Committee on Australia as a Technology and Financial Center (ATFC) that present legislation must be revised. […]
New Australian legislation allows for the seizure of cryptocurrencies
Australian lawmakers are taking a stronger approach against ransomware, as authorities will be able to seize or freeze cryptocurrencies linked to cybercrime under the new legislation. Following a 60 percent increase in cyberattacks on Australian businesses and state agencies last year, the federal government announced new safeguards and a proposed Surveillance Legislation Amendment on Oct. […]