An Australian court fined Kraken $5.1 million AUD for offering a margin lending product to Australian customers without proper regulatory approval. Unlawful Credit Facility An
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Australia proposes stricter crypto rules to curb financial crime
Australia proposes tighter AML/CTF rules targeting crypto exchanges, legal services and real estate to combat financial crime.
Read moreAustralia fines Kraken operator $5M for regulatory breaches
Kraken Australia operator Bit Trade must pay $5 million plus the cost of court proceedings after the Federal Court sided with the country’s corporate watchdog.
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Australian Fintech Report: Blockchain and Crypto Sector Contracts Amid Global Shift to AI
A recent KPMG report shows a 14% decline in the number of active firms in Australia’s blockchain and cryptocurrency sector in 2024. M&A and Investment
Read moreCrypto.com taps Deutsche Bank for Asia-Pacific markets
The companies indicated plans to expand their partnership to the United Kingdom and other European countries in the coming months.
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Crypto.com Expands Offerings With Acquisition in Australia
Crypto.com has announced its acquisition of Fintek Securities Pty Ltd., a brokerage firm with an Australian Financial Services Licence regulated by the Australian Securities and
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