Gemini shares surge 25% on $100M Bitcoin infusion from Winklevoss Capital

Gemini Space Station shares rocketed more than 25% in pre-market trading after Winklevoss Capital Fund announced a $100 million strategic investment funded by Bitcoin. The infusion, priced at $14 per share, landed... Read more »

Binance doubles down on APAC, plans 5 new licenses this year to expand global footprint

Binance is looking to deepen its presence in the Asia-Pacific region. SB Seker, the company’s regional head, told Nikkei Asia that they plan to obtain five additional licenses in Asia this year,... Read more »

Australia Clears a Path for Stablecoin Distribution—No Extra Licenses Required

Australia’s corporate watchdog on Thursday unveiled a class exemption letting licensed intermediaries distribute stablecoins issued by Australian financial services (AFS) licensees without separate approvals. Class Relief Lets Crypto Brokers Distribute Stablecoins Under... Read more »

AUSTRAC Orders Binance Australia to Appoint Auditor Over AML Failings

An Australian financial intelligence agency has ordered Binance Australia to appoint an external auditor within 28 days due to “serious concerns” over the crypto exchange’s anti-money laundering and counter-terrorism financing (AML/CTF) controls.... Read more »

Crypto ATM Use by Seniors Raises Red Flags—AUSTRAC Tightens Rules

Australia’s financial intelligence agency, AUSTRAC, is tightening regulations on crypto ATMs due to concerns over scams and fraud. New restrictions include cash deposit and withdrawal limits as well as mandatory scam warnings.... Read more »

Use It or Lose It’: AUSTRAC Warns Inactive Crypto Exchanges

AUSTRAC is cracking down on inactive digital asset exchanges, urging them to voluntarily withdraw their registrations or face forced cancellation to prevent criminal exploitation. Significant Proportion of 427 Registered Exchanges Inactive Australia’s... Read more »

Australia Seeks to Position Itself as a Crypto Leader

The Australian Treasury is working with the digital asset industry to establish clear regulations, aiming to make Australia a global leader in the sector. Spurring Innovation vs. Protecting Users The Australian Treasury... Read more »

Alchemy Pay Secures Australian Registration

Singapore-based fiat-to-crypto payment solutions provider Alchemy Pay announced Jan. 27 that it had successfully registered as a Digital Currency Exchange Provider in Australia. Alchemy Pay Eyes Local Partnerships Singapore-based fiat-crypto payment solutions... Read more »