Business

Gemini Expands Australia Push as New Crypto Rules Loom

In brief Gemini users in Australia can now trade directly in AUD through local banking integrations following its official registration with the country’s anti-money laundering watchdog. The move coincides with draft legislation that would bring crypto exchanges under the Corporations Act. Gemini has appointed James Logan as Head of Australia to lead local strategy and…

Business

MetaMask Adds Support for Hyperliquid Swaps, Eyes Polymarket Integration

In brief MetaMask users can trade derivatives using Hyperliquid’s infrastructure. The self-custodial wallet plans to add support for Polymarket. MetaMask users can earn rewards, including Linea’s native token. Popular crypto wallet MetaMask unveiled native support for Hyperliquid on Wednesday, allowing users to more easily speculate on the price of various cryptocurrencies through the up-and-coming decentralized…

Law and Order

Kazakhstan Tightens Crypto Rules After Seizing $16.7M From Unlicensed Exchanges

In brief Kazakh authorities terminated operations at 130 unlicensed crypto platforms suspected of processing illicit funds, confiscating digital assets valued at $16.7 million. Financial monitors identified 81 underground cash-out networks handling more than $43 million. Planned biometric authentication for cash transactions could morph into surveillance infrastructure “without strong data-protection laws and independent oversight,” an expert…

Law and Order

Vietnam Caps Crypto Pilot at Five Licensed Exchanges

In brief Vietnam’s Deputy Finance Minister announced a maximum of five licenses for the crypto exchange pilot program at a government press conference on Monday. The Ministry of Finance has received no formal applications yet, though companies are preparing systems and conducting preliminary discussions with officials. Industry experts criticize high capital requirements and regulatory uncertainty,…

Business

Galaxy Debuts Crypto Platform for Individuals to Rival Robinhood, Kraken

In brief GalaxyOne is set to compete with the likes of Coinbase and Robinhood. The platform offers “premium” yield for accredited investors. Galaxy has historically catered to financial institutions. Galaxy Digital, a crypto-focused financial services firm for institutions, unveiled a platform for individual investors on Monday, putting it in direct competition with platforms like Kraken…