Australia


Markets

Bitcoin Trades at a 20% Discount on Binance Australia Following Banking Issues in the Country

The crypto exchange halted Australian dollar bank transfers early May.

The Sydney Opera House in Australia (Stanbalik/Pixabay)

Videos

Canvas CEO on Australia's CBDC Pilot, Tokenized FX Transactions

Australia made its first foreign exchange transaction using eAUD, the CBDC piloted in the country. The transaction was done using Canvas, an Ethereum Layer 2 that uses Zero Knowledge roll-up technology. Canvas CEO David Lavecky discusses the company's role in the country's approach to testing the use of central bank digital currencies.

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Videos

Canvas Facilitates Forex Transaction Using Australian CBDC

Australia made its first Foreign Exchange Transaction using eAUD, the CBDC being piloted in the country. The transaction was done using Canvas, an Ethereum Layer 2 that uses Zero Knowledge roll-up technology. Canvas CEO David Lavecky discusses the project, noting "what's happening here is a pilot to investigate the benefits that come with it." Plus, Lavecky shares his outlook on broader retail adoption of this technology.

Recent Videos

Finance

Binance Australia Halts Australian Dollar Bank Transfers

Exchange blames third-party payment providers, and says that credit as well as debit cards can still be used.

Sydney, Australia (Photo by Johnny Bhalla/Unsplash)

Finance

Binance Australia's Derivatives License Cancelled Following Request by Exchange

The exchange will close all of its customers' open derivatives positions by April 21.

The Sydney Opera House in Australia (Stanbalik/Pixabay)

Policy

ANZ Bank Completes Carbon Credits Trading as Part of Australia's CBDC Pilot

ANZ partnered with Grollo Carbon Ventures to trade Australian Carbon Credit Units (ACCU).

Parliament house, Canberra, Australia. (Unsplash)

Policy

Australian Regulator Tells Banks to Report Exposure to Startups and Crypto-Related Business: Report

The move comes in the wake of Silicon Valley Bank's collapse and global lender volatility, the Australian Financial Review reported Tuesday.

Australia's government is taking a deliberate approach toward creating crypto laws. (Unsplash)

Policy

Australia's Treasury and Reserve Bank Held Consultations With Coinbase, Others

Private meetings have been held this week around the Treasury's token mapping consultation paper.

Tom Duff Gordon, vice president of international policy at Coinbase, discusses future of crypto, live from the World Economic Forum in Davos, Switzerland. (CoinDesk)

Policy

Australian Crypto Regulations Likely to Be Delayed Until Mid-2024: Report

The government is consulting with the industry now.

Australia's government is taking a deliberate approach toward creating crypto laws. (Unsplash)

Policy

Australian Markets Regulator Is Reviewing Binance Australia's Derivatives Services

Binance said on Thursday it had incorrectly tagged 500 Australian users as "wholesale investors."

Parliament house, Canberra, Australia. (Unsplash)