Aussie Authorities Crack Down on Illegal Crypto Mining Operations
ASIC will continue investigating the companies and their executives until the case is finalized.
Bitcoin hardware company BitFury has produced its new 28nm ASIC chip for bitcoin mining.
ASIC will continue investigating the companies and their executives until the case is finalized.
According to the ASIC, Finder Wallet permanently suspended the product from November 24, 2022, after the regulator notified the company of its concerns.
Canaan disclosed in the SEC’s Form 6-K filing that the new funding round would enhance its research and development capabilities, support innovation in its crypto mining rigs, and expand its production scale.
Kraken Australia’s Director Jonathon Miller does not support the proposed rules, stating that the paper was trying to fit crypto into existing financial services regulations.
A foray into traditional finance by Kraken would put the exchange in direct competition with US-based trading platform Robinhood.
According to eToro’s website, 77% of retail investor accounts lose money when trading CFDs on the platform.
Although there has been no official comment, the DoJ may consider a fine against Binance instead of officially indicting the company.
Based on its license, FTX Australia was authorized to deal in, make a market for, and provide general advice on derivatives and foreign exchange contracts.
Binance is facing regulatory challenges in multiple jurisdictions worldwide.
Binance.US withdrawals are now fully operational on the exchange, even as it warns users to convert all USD to USDT.