16 stories tagged #ASIC

  1. ASIC Warns Gen Z on AI Finfluencer Risks
    crypto

    ASIC Warns Gen Z on AI Finfluencer Risks

    Australia’s financial watchdog alerts young investors about dangers of relying on AI tools and social media influencers for crypto advice, citing widespread trust in unverified digital sources.

    2mo ago 1 min read
  2. Australian Senate Backs Crypto Licensing Bill
    crypto

    Australian Senate Backs Crypto Licensing Bill

    Australia moves closer to regulating crypto exchanges under financial services law, requiring licenses for platforms holding customer assets.

    2mo ago 1 min read
  3. Australian Senate Approves Crypto Platform Regulation Framework
    crypto

    Australian Senate Approves Crypto Platform Regulation Framework

    Australia’s Senate Economics Legislation Committee endorsed the Corporations Amendment (Digital Assets Framework) Bill 2025, mandating licensing for crypto custody providers under existing financial services law.

    2mo ago 1 min read
  4. Australia Warns Gen Z Against Trusting AI and Finfluencers on Crypto
    finance

    Australia Warns Gen Z Against Trusting AI and Finfluencers on Crypto

    ASIC cautions young investors as 23% of Australian Gen Z owns crypto, with many relying on social media and AI for financial advice.

    2mo ago 1 min read
  5. Australia's ASIC: Crypto Should Not Be a Separate Asset Class
    finance

    Australia's ASIC: Crypto Should Not Be a Separate Asset Class

    ASIC Fintech Chief Rhys Bollen argues crypto assets should be regulated based on economic substance, not technological form, aligning with existing financial laws.

    3mo ago 1 min read
  6. Australia's ASIC: Crypto is Finance, Not a New Asset Class
    finance

    Australia's ASIC: Crypto is Finance, Not a New Asset Class

    Australia's securities regulator argues crypto should be regulated based on its economic function, not its technology, aligning it with existing financial frameworks.

    3mo ago 1 min read
  7. Ripple Secures Australian Financial License Through Acquisition
    crypto

    Ripple Secures Australian Financial License Through Acquisition

    Ripple is set to obtain a crucial Australian financial services license by acquiring BC Payments Australia, enhancing its payments business across the APAC region.

    3mo ago 1 min read
  8. ASX Seeks New Leader Amid Lawsuit and Regulatory Woes
    finance

    ASX Seeks New Leader Amid Lawsuit and Regulatory Woes

    The Australian stock exchange is searching for a new CEO as it faces legal action over a failed software revamp and ongoing regulatory scrutiny.

    3mo ago 1 min read