Australia’s ASIC has filed civil proceedings against Liang ‘Allan’ Guo, former director of Blockchain Global, alleging breaches of director duties. This action highlights the ongoing regulatory scrutiny of crypto exchanges and their executives in Australia.
Tag: Australia
ASIC Sues Former Blockchain Global Director: What It Means for Crypto Regulation
Australia’s ASIC is taking legal action against Liang “Allan” Guo, former director of Blockchain Global, alleging breaches of director duties. Here’s what it signifies for the crypto industry.
ASIC Appeals Block Earner Case to High Court: Defining Crypto Financial Products
Australia’s financial regulator, ASIC, seeks High Court appeal in the Block Earner case to clarify the definition of a ‘financial product’ in the context of crypto-linked services.
Australia Appoints Pro-Crypto Assistant Minister, Boosting Industry Hopes
Australia’s crypto industry welcomes the appointment of Andrew Charlton as Assistant Minister for the Digital Economy, AI, and emerging technologies, anticipating favorable regulatory developments and industry growth.
Block Earner Wins Appeal Against ASIC: Crypto Lending Platform Not a Financial Product
Australia’s Federal Court ruled in favor of Block Earner, stating its crypto-lending products don’t require a financial services license. This decision overturns a previous ruling and impacts the regulatory landscape for crypto assets in Australia.