October 29, 2025 | 03:19Australia’s financial regulator has significantly updated its digital asset guidance, clarifying how existing financial services laws apply to cryptocurrencies and tokenized products. The revised framework introduces new custodial standards and expands classification examples while confirming that Australian law applies to offshore platforms serving local users.
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1 in Finance and 2 in Crypto last week
Australian Crypto Trust Falls Despite Regulatory Push
Australian crypto adoption remains stagnant despite the government’s ambitious regulatory reforms, with distrust in digital assets rising to 60%. The fifth annual Australian Crypto Survey reveals ownership has flatlined while regulatory uncertainty continues to deter new investors. Younger Australians and parents are driving what growth exists in the market.
read moreYoung Aussies Regret Missing Crypto Boom: Survey
Nearly half of young Australians are grappling with significant financial regret over missing the cryptocurrency boom of the past decade, according to a comprehensive new survey. The study reveals that cryptocurrency investment regret now surpasses remorse about not entering the property market or investing in Big Tech stocks like Apple and Amazon among Generation Z and Millennials, highlighting a profound shift in how younger Australians perceive wealth-building opportunities in an increasingly challenging economic landscape.
read moreAustralia Proposes Crypto Platform Regulations
Australia has taken a decisive step toward legitimizing its cryptocurrency industry with the release of draft legislation that would bring digital asset platforms under the umbrella of traditional financial services regulation. Announced by Assistant Treasurer Daniel Mulino at the Digital Economy Council of Australia’s Global Digital Asset Regulatory Summit, the proposed framework represents the cornerstone of the government’s digital asset roadmap and aims to balance consumer protection with industry innovation. The reforms would require crypto businesses to obtain Australian financial services licenses while specifically addressing emerging technologies like staking and wrapped tokens that have struggled to fit within existing regulatory structures.
read moreSwyftx Review: Australia’s Low-Fee Crypto Exchange
Since its operational launch in 2019, Swyftx has rapidly established itself as a dominant force in Australia’s cryptocurrency exchange landscape. Founded by Alex Harper and Angus Goldman, the Brisbane-based platform has distinguished itself through competitive fee structures, Australian dollar-denominated trading, and robust regulatory compliance. Catering to both novice and experienced traders, Swyftx combines user-friendly design with comprehensive features, positioning it as a top choice for digital asset investment down under.
read moreSwyftx Acquires Easy Crypto in Major Australasian Merger
Australian cryptocurrency exchange Swyftx has acquired New Zealand’s largest crypto platform, Easy Crypto, in one of the region’s most significant digital asset mergers valued in the tens of millions. The strategic acquisition creates the second-largest exchange in Australasia by trading volume, combining Swyftx’s 800,000 users with Easy Crypto’s 350,000 customers across New Zealand, Australia, and South Africa. This consolidation comes as both companies prepare for evolving regulatory landscapes and increasing market competition in the rapidly maturing digital asset sector.
read moreNew Crypto ETFs Filed: Avalanche, Memecoins, and Leveraged Funds
A wave of new cryptocurrency ETF applications has hit the SEC, featuring everything from Avalanche infrastructure to meme coin Bonk. Analysts predict varying approval odds, with AVAX and tokenization funds leading while exotic products face greater regulatory scrutiny. This expands the queue to over 90 pending crypto ETF applications before regulators.
read moreBitcoin’s Path to $1M: Slow Grind vs Omega Candle Debate
Pseudonymous analyst PlanC proposes Bitcoin could ‘slow-grind’ to $1 million by 2032 through steady gains with manageable 10-30% corrections, rather than dramatic parabolic runs. This contrasts sharply with Jan3 founder Samson Mow’s prediction of an ‘omega candle’ that could lift Bitcoin by $100,000 in a single day. Institutional voices including Tom Lee, Michael Saylor, and Bitwise all support the $1 million target but differ on timelines and mechanisms, while warnings emerge about potential forced selling from credit-dependent treasury buyers. The debate reflects broader questions about market maturity, institutional influence, and whether Bitcoin’s volatility will diminish as adoption grows.
read moreBitcoin Hits Record High Amid Fed Rate Cut Bets
Bitcoin surged to an all-time high above $124,000, fueled by expectations of a Federal Reserve rate cut in September, with market odds surpassing 90%. Analysts attribute the rally to robust order book dynamics, renewed investor confidence, and a crypto-friendly regulatory environment under the Trump administration. Ethereum and XRP also saw gains, though some warn markets may be overly optimistic about imminent Fed easing. Experts highlight strong liquidity inflows into risk assets, with Bitcoin maintaining near-record highs despite selling pressure. Regulatory clarity from recent SEC rulings, including the Ripple case and exemptions for self-custodial staking, has further boosted sentiment. However, caution remains as core CPI trends and tariff impacts could disrupt current market optimism.
read moreEthereum’s Rollercoaster Ride: From $1,470 to Near $3,000
Ethereum’s price crashed to $1,470 in April amid liquidations and geopolitical pressures, only to stage a five-month recovery, now nearing $3,000. Trade policy shifts, including tariffs and macroeconomic uncertainty, triggered sharp swings, while the Pectra Upgrade in May failed to spark sustained momentum. Despite a rocky path, Ethereum has gained 6.2% recently, buoyed by Bitcoin’s rally, marking a significant rebound from its April lows. Analysts highlight the market’s sensitivity to external factors, with liquidations and policy changes driving volatility throughout the year.
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