Top 10 Australian Cryptocurrency Exchanges to Buy Crypto and Bitcoin

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Crypto Adoption in Australia: Key Trends and Ownership Statistics in November 2022 According to Finder.com

Reading Time: < 1 minThe latest report from Finder’s Cryptocurrency Adoption Index reveals that 3.3 million Australians own cryptocurrency, with Bitcoin being the most commonly owned asset. Men are 1.4 times more likely than women to own crypto in Australia. The report also shows that Australia ranks 9th globally for crypto adoption and has a higher ownership rate than the global average. This article delves into the key trends and ownership statistics in Australia for November 2022, including the ownership of popular cryptocurrencies like Ethereum, Dogecoin, and Cardano.

April 22, 2023
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The Australian Government’s Approach to Cryptocurrency Regulation

Reading Time: 2 minLearn about the Australian government’s approach to regulating the rapidly growing cryptocurrency market. From licensing requirements for exchanges to taxation guidelines and warnings about scams, the ASIC is focused on promoting market integrity and consumer protection. Read on to discover more about the Australian government’s stance on cryptocurrency.

April 21, 2023
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FTX Cryptocurrency Exchange Recovers Most of its Assets Following Bankruptcy According to Attorneys

Reading Time: 2 minAttorneys representing FTX, a US-based cryptocurrency exchange that filed for bankruptcy in 2022, have announced that the company has managed to recover most of its assets. Although the exact amount remains undisclosed, this news is a positive development
for the exchange and the broader cryptocurrency industry, highlighting the importance of effective risk management and security measures. The recovery of assets could have wider implications for the industry, leading to increased investment and growth.

April 13, 2023
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Binance.US Struggles to Find Banking Partner in the US

Reading Time: 2 minBinance.US, a major cryptocurrency exchange, has been struggling to find a banking partner in the United States due to concerns over regulatory compliance and money laundering risks. This highlights the challenges faced by cryptocurrency exchanges in the US, where the regulatory landscape remains murky and banks are hesitant to do business with them. While the lack of a banking partner may make it more difficult for US customers to deposit and withdraw funds, it also provides an opportunity for Binance.US to strengthen its regulatory compliance measures and build a stronger relationship with regulators and banks. Ultimately, this can benefit everyone involved in the cryptocurrency industry.

April 10, 2023
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Binance Australia Derivatives Closes Down Australian Financial Services Licence (AFSL) Following ASIC Warning

Reading Time: 3 minBinance, one of the world’s largest cryptocurrency exchanges, has lost its Australian Financial Services Licence (AFSL) following a warning from the Australian Securities and Investments Commission (ASIC). The cancellation of Binance’s AFSL means that the exchange is no longer authorized to operate in Australia, and it must cease all its activities immediately. This article discusses the impact of this decision on Binance’s operations and the regulatory landscape for cryptocurrency exchanges in Australia.

April 6, 2023

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