Crypto.com, a cryptocurrency exchange, has announced a strategic partnership with Deutsche Bank in a move that will see the furtherance of corporate banking services in the Asia-Pacific (APAC) region. The collaboration will grant businesses in key markets such as Singapore, Australia, and Hong Kong access to Deutsche Bank’s expertise in ... Read more
Australia’s national financial intelligence agency, the Australian Transaction Reports and Analysis Centre (AUSTRAC) has made cryptocurrency among its top priorities for 2025 by creating a task force to ensure compliance of the sector and prevent the criminal use of crypto ATMs. The move reflects how fast cryptocurrency is becoming quite ... Read more
Australia is gearing up for the release of new rules that will force crypto companies to get their financial services licenses under the Corporations Act. The decision is taken as part of the government’s efforts to regulate the rapidly expanding cryptocurrency sector more closely. Alan Kirkland, a commissioner at the ... Read more
Tether’s Q2 audit for 2024 disclosed that its reserves were 118.4 billion, exceeding its liabilities by 5.3 billion. It held more than 97.6 billion U.S. Treasuries, making it the 18th largest holder of U.S. Treasuries in the world, ahead of countries like Germany, the UAE, and Australia. This growing treasury ... Read more
Australia’s Bitcoin ETF, IBTC broke a new record achieving its highest single-day volume day on the 5th of August. A staggering 136.88k units worth AUD 1.16 million were exchanged, marking a significant milestone for the fund. Proponents of Bitcoin have hailed this achievement calling it a testament to the growing ... Read more
