Australian Securities Regulator Revokes FTX’s Local Financial Services License
The Australian Securities and Investments Commission (ASIC) has canceled the financial services license of FTX’s Australian subsidiary effective from July 14, impacting 30,000 customers. With the cancelation of the licen...
With the cancelation of the license, FTX Australia can no longer operate as an exchange in the country. However, it can still continue to provide limited services to compensate its 30,000 retail clients and 132 local companies, until July 12 next year....
Read More: Australian Securities Regulator Revokes FTX’s Local Financial Services License
Original source
Read on CryptonewsRelated market context
Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem
Bitcoin Magazine Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem Metaplanet Inc., Japan’s large...
SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks
The SEC just removed the single biggest legal obstacle standing between Crypto DeFi and US equity markets. On June 11, the agency...
Metaplanet to Launch Bitcoin Yield Products in Japan After $13 Million Siiibo Securities Deal
Metaplanet has agreed to acquire Siiibo Securities, a licensed Japanese Type I securities firm, as part of its Project Nova strate...
Japan's Lower House Passes Bill Moving Crypto Under Securities Law, Opening Path to ETFs and 20% Tax Rate
Japan's lower house passed a bill on Thursday that reclassifies cryptocurrencies as financial instruments under the country's secu...
South Korea finance ministry says tokenized stocks are securities, not crypto assets, opening door to taxes: report
South Korea’s finance ministry said tokenized stocks are securities, opening potential taxation as early as H2 2026 if regulators...
CME faces potential regulatory hurdle as CFTC reviews 24-hour oil contract proposal
Continuous trading could reshape global energy markets, offering real-time responses to geopolitical events, but raises regulatory...