Thailand’s Bank of Ayudhya, where MUFG holds a 76.9% stake, has participated in a $41 million raise for Asia-Pacific-focused crypto trading platform Zipmex.
Read more
Travel Rule Implementation Still Far Off Due to Tech Limitations, Australian Regulator Reports
The Australian Department of Home Affairs stated that the country lacked the technical capabilities to implement a system that complies with the travel rule proposed
Read more
‘Surveillance state’: Australian police given sweeping new hacking powers
Legislation dramatically expanding the hacking capabilities of Australian authorities investigating suspected cybercriminals has been passed through the country’s Senate.
Read more
Australians lost over $25 million to bogus crypto investments: Report
Bitcoin-related investment scams have already exceeded $18.5 million, an increase of 44% compared to the total losses of nearly $12.8 million in 2020.
Read more
Australia and Singapore conclude digital verification blockchain pilot
A nine-month blockchain initiative assessing the cost and time efficiency of the two countries’ digital verification systems has been deemed a success.
Read more
Australian regulator issues warning about unlicensed crypto businesses
Based on the reports from Aussie investors, ASIC said that citizens have suffered significant losses due to “excessive leverage, platform outages, or unfair liquidations.”
Read more