Australian securities regulator: Consumer cryptocurrency ownership deserves protection

[Australian Securities Regulatory Agency: Consumers’ Cryptocurrency Ownership Is Worth Protecting] Jinse Finance reported that the Australian Securities Regulatory Agency stated that the ownership of cryptocurrencies held by individual consumers deserves to be protected. Nearly half of Australian individual investors own cryptocurrencies. More people get their information from online videos than from financial advisors, calling the data "strong evidence for regulation".

A November survey of 1,053 retail investors by the Australian Securities and Investments Commission (ASIC) found that 44 percent reported holding cryptocurrencies, making it the second-largest investment after Australian shares.

Other news:

TACU Asian Exchange has obtained the Australian AUSTRAC license: TACU Asian Exchange officially announced that it has obtained the Australian AUSTRAC (Australian Transaction Reports and Analysis Center) license. With this license, TACU Asia Exchange is legally authorized to carry out digital currency exchange, digital currency trading, digital currency wallet and other related financial services throughout Australia.

Australia's AUSTRAC license is currently one of the most authoritative digital currency licenses and has become a standard for global digital currency trading institutions. AUSTRAC is the Australian Transaction Reports and Analysis Centre, not only a financial intelligence center but also a governing body for the financial industry that oversees money laundering and counter-terrorism financing in Australia. [2020/10/21]

News | Australian National University receives $1 million in financial support from Ripple: According to jp.cointelegraph, the Australian National University announced on the 21st that it has received $1 million (approximately 110 million yen) in financial support from Ripple. Ripple hopes to work with universities on the research of virtual currency-related courses, and is actively promoting cooperation with world-renowned universities. [2019/2/21]

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