Global #Australia

The Australian Securities Exchange (ASX) is set to list its second spot Bitcoin exchange-traded fund (ETF), marking a significant step for cryptocurrency adoption in the country.

An Australian Member of Parliament (MP) has recently voiced their strong support for blockchain technology, stating that the country needs it "more than ever." This statement comes at a time of increasing interest in blockchain's potential to revolutionize various sectors within Australia, including finance, supply chain management, and government services.

Australia has implemented a nationwide ban on the use of credit cards and cryptocurrencies for online betting activities. The new regulation, effective immediately, aims to curb problem gambling and protect consumers from financial harm.

Crypto exchange OKX is transitioning its Australian-focused services to a locally regulated entity as part of its expansion in the Asia-Pacific region.