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ASIC
Australian Regulator Scolded Over 'Misleading' Release, Must Pay Costs as Block Earner Avoids Penalty
Block Earner doesn't need to pay a penalty because it acted honestly in seeking to engage with government over regulation of crypto-related products and services.
Australian Court Hands Win to Market Regulator in Case Against Qoin Blockchain, But There is a Catch
Part of this case was ASIC's allegation that the Qoin Blockchain and the Qoin Wallets constituted one single scheme but the court disagreed.
Australian Court Hands Over $41 Million of Crypto Held by Blockchain Mining Group at Regulator's Request
The court order came after markets regulator ASIC said the companies broke Australian law and provided financial services without a licence.
Australian Court Dismisses Lawsuit by Market Regulator Against Finder in 'Landmark' Ruling for Crypto Industry
The court found that The Australian Securities and Investment Commission (ASIC) did "not establish that the Finder Earn product is a debenture" and ordered it to pay the defendant’s costs.
Australian Judge Hands Split Decision in Market’s Regulator vs Block Earner
The court will determine the fine Block Earner will have to pay during a scheduled hearing on March 1, 2024.
Australian Treasury to Question Regulator Over HyperVerse Crypto Scheme: Report
"It seemed pretty clear that there should have been concerns raised about… this operation,” Stephen Jones said.
Blockstream Preps New Sale of Notes Designed to Profit From Rebounding BTC Mining-Rig Prices
Blockstream's BASIC note is a bitcoin-denominated investment vehicle to accrue gains from the price of ASIC mining equipment, which Blockstream anticipates will rise post-halving.
Bitcoin Infrastructure Firm Blockstream to Unveil Its Long-Awaited Mining Rig in 3Q of 2024
The company expects to raise more capital to fund its mining business.
Australian Regulator Had Internally Raised Concerns on FTX
56 documents published by ASIC shows that the regulator was assessing some products offered by FTX in the country.
Crypto Miner Hive Cuts Computing Power Forecast for Intel Chip-Based Rigs
The Canadian firm said 5,800 machines will provide computing power of upward of 630 petahashes per second by end of January. That's less than the October forecast of 1 exahash.
