Regional crypto news across Oceania, covering Australia, New Zealand, and Pacific islands; regulation, exchanges, mining, startups, and Web3 adoption.
Token mapping will be used by the Australian government to regulate cryptocurrencies according to their asset class.
Christian Nwobodo 2 min read 
The Reserve Bank of Australia governor argued that the private sector is better than central banks at innovating tokens.
Terming the move "measures of a response management" Banxa joins the list of companies laying off part of its workforce in this current "crypto winter" to save over $10 million per year.
Challenging market conditions during crypto winter force Australia-based BTC.com.au to close its doors for the last time.
Gold Coast Mayor Tom Tate has revealed that the city could be open to accepting its taxes with cryptocurrencies like Bitcoin despite the volatile nature of the industry.
With a few crypto exchanges shutting down and an increase in scams, crypto investors want the same level of protection as stock traders.
Police investigation into Quwiex revealed that the platform had registered in New Zealand in September 2021, but it appears that all of the information used for its registrations were false.
Australian Prudential Regulation Authority’s (APRA) roadmap includes annual action steps to regulate all crypto-related activities and aims at releasing the regulations by 2025.
Cosmos Bitcoin ETF beat competition from other rivals like BetaShares, EFT Securities, and VanEck.
