Topic: #australia
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Some Australian crypto investors weigh moving abroad ahead of 2027 tax change
Some Australian crypto investors are relocating ahead of a July 2027 capital gains tax change that lifts the top rate to 47%, Cointelegraph reported, but advisers warn an exit tax follows them out.
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ASIC chair says no prediction market operator has applied to run in Australia
ASIC Chair Sarah Court told a parliamentary hearing on October 29 that no prediction market operator has applied to run services in Australia. Any future bid would be assessed much like binary options, which are banned for retail clients.
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Apple to seek stay, appeal Australian ruling opening iOS to rival app stores
Apple plans to seek a stay and appeal an Australian federal court ruling that requires it to open iOS to rival app stores and payment systems and to readmit Fortnite, Crypto Briefing reported.
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Australia's ASIC proposes tougher standards for crypto exchanges and custodians
Australia's securities regulator opened a consultation on proposed rules for crypto exchanges and custodians covering customer asset safeguarding, trade execution and financial requirements, CoinDesk reported.
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Australia's ASIC proposes extending CFD rules to crypto-settled derivatives
ASIC proposed on Oct. 12 to bring qualifying digitally settled derivatives under its CFD rules after finding retail CFD clients lost over A$458 million in 2023–24 across all asset classes.
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Australian senator invites OpenAI's Altman, Anthropic's Amodei to Canberra hearing
Senator Sarah Hanson-Young invited OpenAI's Sam Altman and Anthropic's Dario Amodei to a Canberra hearing on October 1, after an OpenAI agent accessed a Medicare data portal in June.