According to official news, the position of the Australian Monochrome spot bitcoin exchange-traded fund (IBTC) has risen to 666 BTC as of May 29, and the market value of the position has touched about 111 million Australian dollars.
According to Cointelegraph, the Australian Securities and Investments Commission (ASIC) has filed a civil lawsuit against Allan Guo, a former director of Blockchain Global, for allegedly breaching his duties as a director. Specifically: Illegal handling of ACX exchange customer funds; Make false statements about the flow of funds. Failure to maintain financial records properly. The ACX exchange collapsed in December 2019, and a liquidator's investigation revealed the company owed 58.60 million A...
The Australian Securities and Investments Commission (ASIC) has filed a civil lawsuit against Allan Guo, a former director of Blockchain Global, for alleged breaches of directorship. The details include: improper handling of ACX exchange client funds; making false statements about the flow of funds; and failing to properly maintain financial records. The ACX exchange collapsed in December 2019, and a liquidator's investigation revealed that the company owed unsecured creditors 58.60 million Aust...
According to official disclosures, the Australian Monochrome Spot Bitcoin ETF (IBTC) has revealed that the market value of its bitcoin holdings has exceeded 100 million Australian dollars.
According to the official disclosure, the Australian Monochrome spot bitcoin ETF (IBTC) disclosed that as of May 22, the position has reached 550 bitcoins, and the market value of the position is about to break through 100 million dollars, touching about 94.6714 million dollars.
Australian senator Gerard Rennick's criticism of Bitcoin on the X platform, calling it a "Ponzi scheme" and questioning its value because it was "inedible", sparked a strong response from the Bitcoin community. The Australian Bitcoin Industry Organisation (ABIB) said Rennick's comments showed a deep misunderstanding of bitcoin that could lead to wrong policymaking. In addition, several bitcoin proponents have also defended the value and utility of bitcoin, arguing that...
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....