Global #Australia

Circle, the issuer of the USDC stablecoin, has announced an ambitious expansion into Australia, partnering with venture capitalist Mark Carnegie’s MHC Digital Group.

Australian regulators are gearing up to implement new legislation mandating that cryptocurrency exchanges obtain financial services licenses. This development marks a significant shift in how digital currency exchanges will be governed in Australia, expanding beyond existing regulations specific to digital currencies.

Crypto exchange Bitstamp is strategically deepening its footprint in the Asia-Pacific region, particularly targeting institutional business growth in Australia.

The Australian cryptocurrency market is poised for significant growth as potential investors await clearer regulatory guidelines, according to Jason Titman, CEO of the local crypto exchange Swyftx.

In a significant development for Australian cryptocurrency traders, OKX crypto exchange has announced the introduction of major cryptocurrencies trading pairs against the Australian dollar (AUD).

In a concerning revelation, Australia's competition watchdog, the Australian Competition and Consumer Commission (ACCC), has found that over 58% of cryptocurrency advertisements on Facebook either violate Meta’s policies or potentially promote scams.