Australia’s First Spot Bitcoin ETF With Direct Holdings Officially Begins Trading

Australia’s First Spot Bitcoin ETF With Direct Holdings Officially Begins Trading

Australia now officially has its first spot Bitcoin ETF that directly holds BTC. The Monochrome Asset Management’s Bitcoin ETF (IBTC) just began trading as the Cboe Australia exchange opened. Trading under the ticker IBTC, the ETF…

Australia’s First Spot Bitcoin ETF To Begin Trading Tomorrow

Australia’s First Spot Bitcoin ETF To Begin Trading Tomorrow

Australia is set to join the growing list of countries offering a spot Bitcoin exchange-traded fund (ETF), with the launch of the country’s first such product expected tomorrow. JUST IN: 🇦🇺 Australia's first…

Australian Securities Watchdog Cancels FTX Australia’s AFS License

Australian Securities Watchdog Cancels FTX Australia’s AFS License

The Australian Securities and Investments Commission (ASIC) announced the cancellation of the AFS license of bankrupt crypto exchange FTX’s Australian entity, effective from July 14. The Australian arm had once boasted 30,000 retail…

Australia’s Largest Bank to Temporarily Cease ‘Certain’ Payments to Crypto Exchanges 

Australia’s Largest Bank to Temporarily Cease ‘Certain’ Payments to Crypto Exchanges 

Commonwealth Bank of Australia (CBA), the largest bank in Australia, announced a temporary decline in “certain” payments to cryptocurrency exchanges as part of newly introduced measures to battle scams in the country. According…

Internal documents reveal Australia’s potential timeline for crypto legislation: Report

Internal documents reveal Australia’s potential timeline for crypto legislation: Report

Crypto legislation in Australia could be dragged out past 2024 and beyond, with the government seemingly wanting to take its time in order to get a full picture of the industry, internal documents…

FTX Australia’s license suspended as 30K Aussies left in the lurch

FTX Australia’s license suspended as 30K Aussies left in the lurch

Australia’s financial markets regulator has suspended FTX Australia’s financial license following the appointment of a voluntary administrator to help nearly 30,000 Australians and 132 Australian companies get their funds back from FTX. The…

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