Australia’s Treasury has unveiled draft legislation that would require crypto exchanges and certain service providers to obtain Australian financial services licenses. The proposal aims to amend the Corporations Act 2001, classifying digital asset platforms (DAPs) and tokenized custody platforms (TCPs) as financial products. This move would bring them under the same licensing rules and consumer protections as traditional financial intermediaries.

Authorities explained that the framework is focused on businesses holding assets on behalf of clients, not the digital assets themselves. Treasury officials highlighted that past failures of crypto intermediaries have led to heavy consumer losses, making stricter oversight necessary. DAPs cover trading platforms and brokerages, while TCPs include services managing tokenized physical assets.

Assistant Treasurer Daniel Mulino said the legislation will extend existing financial laws in a “targeted way,” with the Australian Securities and Investments Commission (ASIC) set to issue licenses. Public consultation is open until October 24, 2025, marking a major step toward stronger regulation of the country’s crypto sector.

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The UK’s newest Bitcoin-focused public company wasted no time putting capital to work.

Fresh off its debut on the Aquis Stock Exchange, B HODL (AQUIS: HODL) announced it acquired 100 Bitcoin worth $11.3 million, establishing itself as one of the first British firms to formally adopt a corporate Bitcoin treasury strategy.

The purchase, disclosed Wednesday, comes just a day after B HODL raised £15.3 million ($20.7 million) in its IPO to fund a long-term digital asset strategy.

With its inaugural buy, B HODL now holds 100 BTC at an average price of £83,872 ($113,227) per coin. That position places the company 98th on Bitcoin Treasuries’ global leaderboard of public firms…

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Let’s look at two things that Bitcoin Knots users claim to be proponents of and champions for in their crusade against Bitcoin Core: 

Mining decentralization

Bitcoin’s use as money

They claim to fight for mining decentralization, with OCEAN mining pool held out as a primary example of this. OCEAN’s DATUM protocol is ostensibly designed to further mining decentralization, specifically the actual template construction process that decides what transactions go into a block. 

They also claim to fight for Bitcoin’s use as a monetary network, i.e. a network that facilitates the transmission of bitcoin in economics transactions, ensuring security for those…

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Bitcoin miner IREN Limited’s stock (NASDAQ: IREN) blasted higher today as investors priced in the company’s pivot from pure-play bitcoin miner to an integrated AI-cloud operator. 

The stock jumped into double-digit gains after two separate analyst calls put fresh conviction behind the company’s strategy, and after IREN announced a massive GPU procurement that materially changes its revenue runway.

IREN has surged 110% in the past month to $48.75, including a 16.6% jump today, and is now up more than 530% over the last six months.

Why is IREN surging?

The headline drivers are straightforward: IREN says it has doubled its AI Cloud capacity to roughly 23,000 GPUs after…

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Jiuzi Holdings, the Hangzhou-based electric vehicle charging station operator, has approved a bold new treasury policy allowing up to $1 billion in digital asset purchases. The initial allocation will target bitcoin, ethereum, and BNB, with any expansion into other tokens requiring additional board approval. Shares of Jiuzi (JZXN) surged more than 40% in premarket trading after the announcement.

The company confirmed it will not self-custody assets, opting instead for top-tier external providers. Oversight will come from a newly established Crypto Asset Risk Committee, led by CFO Huijie Gao, with reporting obligations to both the board and the public through SEC filings. Dr. Doug Buerger, newly appointed COO and a veteran in blockchain and AI, will lead the initiative, describing crypto as a long-term hedge against economic uncertainty rather than a speculative play.

CEO Tao Li emphasized that the move is aimed at protecting and enhancing shareholder value. With this allocation, Jiuzi positions itself among mid-sized corporate treasury holders, signaling growing confidence in digital assets as part of mainstream financial strategy.

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