News list for " Australia"
Affected by the trade war initiated by Trump and the US fiscal deficit, large global investors are accelerating the diversification of their bond portfolios, reducing their holdings of US Treasuries and turning to the bond markets of Europe, Japan, Australia and other decent yields. Click to view...
Australia's corporate regulator is applying to the High Court for special leave to appeal a ruling in favour of crypto firm Block Earner, further intensifying a legal dispute over the status of digital asset income products. The Australian Securities and Investments Commission (ASIC) is asking the High Court to clarify how interest income and asset conversions should be treated under the Companies Act.
According to official news, the position of the Australian Monochrome spot bitcoin exchange-traded fund (IBTC) has risen to 498 BTC as of May 20, and the market value of the position has touched about 81.7486 million dollars.
According to Bitcoin News, an Australian judge has ruled that bitcoin is a form of currency rather than an asset, a ruling that could exempt bitcoin transactions from capital gains tax. If upheld, the ruling could result in a refund of up to $1 billion and revolutionize the way the Australian Taxation Office currently taxes cryptocurrencies.
According to official news, the Australian Monochrome spot bitcoin ETF (IBTC) position has exceeded 450 BTC, as of May 15, the position reached 459 bitcoin, and the market value of the position touched about 72.963 million US dollars.
Australia's April quarter-adjusted unemployment rate was 4.1%, expected to be 4.10%, and the previous value was 4.10%.
According to official news, the position of the Australian Monochrome spot bitcoin exchange-traded fund (IBTC) has risen to 446 BTC as of May 14, and the market value of the position has touched about $71.2947 million.
According to official news, the position of the Australian Monochrome spot bitcoin exchange-traded fund (IBTC) has risen to 420 BTC as of May 13, and the market value of the position has touched about $67.389 million.
On May 13, the Australian government appointed Andrew Charlton as Assistant Minister for Technology and Digital Economy, and as Cabinet Secretary, to advance digital asset regulation and modernize the technology industry. Prime Minister Anthony Albanese said Charlton's economic credentials and international experience make him well-qualified for this dual role. The appointment comes as the Australian government strengthens digital asset regulation....
According to official news, the position of the Australian Monochrome spot bitcoin exchange-traded fund (IBTC) has risen to 388 BTC as of May 9, and the market value of the position has touched about 62.837 million dollars.
On May 8th, according to Fox Business Reporter Charles Gasparino, Wall Street executives said that the White House is preparing to reach trade agreements with India, Japan, South Korea and Australia, and the tariff level is expected to be similar to that of the United Kingdom, at about 10%. However, trade policy with China is another matter.
According to official news, the position of the Australian Monochrome spot bitcoin exchange-traded fund (IBTC) has risen to 350 BTC as of May 1, and the market value of the position has touched about $52.146 million.
According to Cointelegraph, the Australian cryptocurrency industry has called on the newly elected Labor government to prioritize digital asset legislation to ensure that Australia does not fall further behind in the global market. Joy Lam, head of global regulatory and Asia Pacific legal at Binance, said the exchange has been consulting with Treasury officials on legislative proposals since late 2023, and now is the time to act.
On May 3rd, preliminary vote counting results showed that the Australian ruling Labor Party won the majority of seats in the House of Representatives in this Australian federal election, and the leader of the Labor Party and the current Prime Minister Anthony Albanese will be re-elected as the Prime Minister of Australia. The Labor Party announced that it had won the general election.
The non-agricultural data was higher than expected, and the Australian dollar strengthened against the trend. The Australian dollar's intraday gain against the US dollar AUD/USD expanded to 1.00% and is now trading at 0.6445.
