Financial Services Minister Stephen Jones says there are good arguments for treating some crypto assets as financial products,as the government consults on cryptocurrency regulation.
Crypto’s crisis year of 2022 didn’t destabilise global finance. We may not be so lucky next time.
The government wants to finalise a plan for the future of the country’s payments system early next year.
Tyro Payments’ largest shareholder,Mike Cannon-Brookes-owned Grok Ventures,has taken aim at the David Thodey-led board of the fintech.
The peer-to-peer lending trend has not lived up to the hype but ASX-listed fintech Plenti believes the model could still have a viable future.
Investors in embattled fintech EML Payments have revolted,removing chairman Peter Martin and delivering the company a first strike on executive pay.
The NAB will look to fight back against US fintechs such as Square by launching a phone-based contactless payment product.
The world’s largest custodian bank says asset managers remain undeterred by the turmoil in cryptocurrency,as they gear up to launch more digital products.
Buy now,pay later player’s youth-focused app - Money by Afterpay - is being shuttered less than a year after its launch.
Zip Co has vowed to further reduce burning cash on its overseas operations,as the company shutters its operations in the UK.
EML Payments shares fell by about a fifth,after a key regulator found deficiencies in the company’s program for dealing with anti-money laundering risks.