Australia
The decision in an Australian court was driven by increasing concerns about illicit activities in the crypto market and the desire to safeguard investors.
The company, also under investigation in the U.S. and France, ceased its Australian derivatives business following regulatory warnings
The government's choice to make its position clearer on de-banking comes hours after Blockchain Australia, the nation's industry body made a fresh commitment to minimize scams.
CEO Joshua Payne said he expects the acquisition of a data center in Hannibal, Ohio to be "the first of several" over the next year.
Blockchain Australia said it wants to tackle the issue "head-on by using real data," following reports that banks in the country were blocking payments to crypto exchanges.
The Australian bank announced on Thursday that will decline "certain payments" to crypto exchanges or hold them for a period of 24 hours
- 07:32The smart money that successfully switched from ETH long to short on the 30th has now flipped its Bitcoin short position to long and opened new ETH long positionsAccording to Jinse Finance, on-chain data shows that a smart money address switched its Bitcoin short position to a long position today and also opened a long position in ETH. As of press time, this address holds a $3.61 million ETH long position with 25x leverage and a $1.8 million Bitcoin long position with 40x leverage. Previously, on July 30, this smart money address switched its ETH long position to a short position at an average entry price of $3,803. The address has accumulated nearly $36 million in profits on Hyperliquid.
- 07:19Data: "Maji Big Brother" Faces Unrealized Losses of Nearly $12 Million on Long Positions, PUMP Position Sees Unrealized Losses of Approximately $6.82 MillionAccording to ChainCatcher, crypto analyst Ai Yi (@ai_9684 xtpa) has monitored that Machi Big Brother currently holds long positions in ETH, HYPE, and PUMP with a total value of $148 million. Due to the decline in ETH, his total unrealized loss has expanded to approximately $11.9 million, with the PUMP long position accounting for about $6.82 million in unrealized losses, making it the largest losing position.
- 07:18Japan's Metaplanet Plans to Issue 555 Billion Yen in Perpetual Preferred Shares to Strengthen Capital StrategyAccording to ChainCatcher, Simon Gerovich, CEO of the Japanese listed company Metaplanet, announced on the X platform that the company has submitted a shelf registration statement to regulators, planning to issue up to 555 billion yen in perpetual preferred shares to support its capital structure and strategic expansion.
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MoreThe smart money that successfully switched from ETH long to short on the 30th has now flipped its Bitcoin short position to long and opened new ETH long positions
Data: "Maji Big Brother" Faces Unrealized Losses of Nearly $12 Million on Long Positions, PUMP Position Sees Unrealized Losses of Approximately $6.82 Million