Crypto-based product needs financial services licence, says Federal Court
Landmark ruling sets precedent for crypto-asset space
Source: brokernews.com.au
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Australia is finally getting crypto regulation, exchanges targeted
Australia is finally getting crypto regulation, with Assistant Treasurer Stephen Jones detailing the proposed new rules on Monday.
Source: smartcompany.com.au
Finder Earn: Fred Schebesta's lawyers argue crypto product wasn't money
Its lawyers laid out why the comparison website wasn’t beholden to existing regulations when it issued its now-defunct crypto product.
Source: afr.com
Kraken cryptocurrency exchange prosecuted by ASIC for uninformed customers
The corporate regulator has said the local operator of the exchange will be prosecuted over a margin trading product, where consumers lost $13 million.
Source: afr.com
Aussie fintech prays for crypto clarity as it launches Bitcoin-backed loans
Block Earner, an Australian fintech company, has launched a new crypto-backed loans product despite an ongoing legal drama with the country’s financial watchdog.
Source: cointelegraph.com