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Australia's ASIC files lawsuit against Binance's local derivatives unit

News | Cryptocurrencies | 20 Dec 2024

Australia's corporate regulator, the Australian Securities and Investment Commission (ASIC), has filed a lawsuit against Binance's local derivatives arm.

cryptocurrency, compliance, regulation, cryptocurrency exchange

ASIC sues HSBC Australia for failing to prevent scams

News | Digital Identity, Security & Online Fraud | 17 Dec 2024

The ASIC has initiated legal proceedings against HSBC Australia in the Federal Court, alleging systemic failures to protect customers from unauthorised transactions and scams.

scam, transactions , payments , banks, compliance

Airwallex obtains AFSL licence for expansion into retail investment tools

News | Payments General | 19 Jul 2024

Australia-founded financial platform for modern businesses Airwallex has obtained an AFSL licence for expansion into retail investment products by ASIC

compliance, payments , online payments, mobile payments, digital payments, ecommerce

ASIC vs eToro: allegations on CFD product and target market

News | Cryptocurrencies | 03 Aug 2023

ASIC has taken legal action against eToro, an online investment platform, in the Federal Court, to protect consumers from high-risk CFD products.

regulation, data breaches, digital assets, cryptocurrency, online fraud