Search Results for "asic"
ASIC Bans BitConnect National Executive for His Part in Multi-Billion Dollar Crypto Ponzi Scheme
Australian Securities and Investments Commission (ASIC) has officially banned a former National Representative of BitConnect from providing financial services for seven years.
Crypto Scams Surge in 2024: ASIC Cracks Down on Fraudulent Schemes
The rise in crypto scams in 2024 underscores the need for vigilance in the Web3 space, according to the Australian Securities and Investments Commission (ASIC).
ASIC Arms Race Continues Unabated with No End in Sight
The ongoing depreciation challenge faced by ASIC owners as technological advancements in mining equipment persist, according to CoinShares.
Australia Bars Blockchain Global's Ryan Xu Amid Crypto Exchange Probe
Ryan Xu, director of Blockchain Global, is barred from leaving Australia as ASIC investigates the collapse of ACX Exchange. The case highlights increased regulatory scrutiny on crypto firms.
ASIC Raids Binance Australia as Global Regulatory Hurdles Mount
As reported by Bloomberg, the Australian Securities and Investments Commission (ASIC) executed a search operation at the offices of Binance Australia. This operation is a part of an ongoing inquiry into the crypto giant's now-closed local derivatives business, highlighting the intensifying regulatory scrutiny Binance is encountering.
Aussie Trading Platform Collapses after User's Damning Complaints
MyCryptoWallet, a platform that operates as a trading platform in Australia went bankrupt. A situation that was inevitable as many of the platform’s users started complaining that they were unable to access their funds on the exchange.
Binance Australia Derivatives License Canceled by ASIC
ASIC has canceled the financial services license of Binance Australia Derivatives after reviewing Binance's operations in the country. Clients must close their existing derivatives positions before April 21.
ASIC Appeals Federal Court Ruling on Finder Wallet's "Earn" Product
The Australian Securities and Investments Commission (ASIC) has appealed a federal court ruling that found Finder Wallet's "Earn" product compliant with Australian financial laws, raising concerns about consumer protections.
Australian regulator sues Finder.com for crypto yield offering
Australia's financial services authority is suing Finder.com for selling a bitcoin yield-bearing instrument without a license. Finder disputes ASIC's accusation that a registered exchange product was unlicensed, but it hasn't said whether it would contest the complaint. After Block Earner last November, it's the regulator's second domestic crypto income product supplier. ASIC sued Finder.com for selling three crypto-backed fixed-yield products without an AFS license. The regulator's third action against crypto financial products and businesses in three months. When asked whether it will fight the action, Finder declined to respond.
Binance Trims Employee Benefits and Faces Regulatory Challenges Globally
According to a recent report by The Wall Street Journal, the global cryptocurrency exchange Binance has reduced several benefits for its employees, including reimbursements for mobile phone usage, fitness, and work-from-home expenses.
Aussie Regulator Halts 3 Crypto Funds Belonging to Holon Investments
The Australian regulator, ASIC has issued a stop order, halting three major funds linked to Holon Investments
Iris Energy to Triple Mining Capacity With Thousands of New Rigs
Iris Energy will triple its crypto mining capacity with 44,000 ASIC machines.
