Category: Australia

Singapore finance authority grants licenses to Independent Reserve and DBS

Singapore finance authority grants licenses to Independent Reserve and DBS

DBSV and Independent Reserve previously received MAS’ in-principle approvals to provide digital payment token services. 858 Total views 27 Total shares Singapore’s principal financial regulator, the Monetary Authority of Singapore (MAS), has officially approved two companies to offer cryptocurrency services in the country. MAS issued Oct. 1 licenses to Australian crypto exchange Independent Reserve and […]

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Binance to cease crypto futures and options in Australia

Binance to cease crypto futures and options in Australia

Binance users in Australia have 90 days to close their positions for futures, options and leveraged tokens. 501 Total views 11 Total shares Binance, the world’s largest cryptocurrency exchange by trading volume, continues limiting its services amid the ongoing global regulatory scrutiny, announcing new trading restrictions in Australia. Existing Binance users in Australia will have […]

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There’s a Bitcoin boom among Baby Boomers reports BTC Markets

There’s a Bitcoin boom among Baby Boomers reports BTC Markets

Crypto asset investing has become more popular with Aussie boomers according to the country’s largest exchange. 5822 Total views 42 Total shares Australian cryptocurrency exchange BTC Markets has observed a significant uptick in older clients using its platform over the past financial year. More older Australians are viewing crypto assets as viable investments according to […]

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Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot

Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot

The joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank-issued digital currencies. 2901 Total views 36 Total shares The central banks of Australia, Singapore, Malaysia and South Africa have announced a joint initiative to trial international settlements using central bank digital currencies (CBDCs). The initiative, dubbed Project Dunbar, […]

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