Top 10 Australian Cryptocurrency Exchanges to Buy Crypto and Bitcoin

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ASIC Cancels FTX Australia’s Financial Services Licence

Reading Time: < 1 minThe Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services (AFS) licence of FTX Australia Pty Ltd (FTX Australia), effective from 14 July 2023. The cancellation comes after FTX Australia was placed into voluntary administration on 11 November 2022. ASIC suspended FTX Australia’s AFS licence on 14 November 2022, and the suspension was subsequently extended to 24 July 2023.

July 19, 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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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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