Nearly 90% of crypto owners in Australia have either profited from trading in 2021, or broke even, with the number of women in the crypto-owning group doubling compared to 2020, according to a recent survey released by Aussie crypto exchange Independent Reserve. To be more specific, a robust 89% of Australian crypto owners made…
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“What is clear is that if we embrace these developments, Australia has an enormous opportunity to capitalize on the convergence between finance and technology,” Treasurer Josh Frydenberg said. The Australian government is seriously consider the rollout of central bank digital currency (CBDC) and has backed numerous forward-looking regulatory crypto-proposals as part of a new “payments…
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Australian crypto exchange myCryptoWallet has tanked following a wave of complaints by users and allegations of missing funds, potentially leaving behind countless customers deprived of access to their crypto assets. Insolvency firm SV Partners has been appointed the liquidator of the troubled business, The Sydney Morning Herald reported. … Read More: Aussie Crypto Exchange Sinks…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ … Read More: Canada & Tanzania CBDC Plans, Celebrity NFT ‘Concierge Service’ + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The chairman of Australia’s Securities and Investments Commission (ASIC) says crypto is “being driven by extraordinary consumer and investor demand,” noting that “The implications for consumers are potentially huge.” The securities regulator is currently working with lawmakers to develop rules for cryptocurrencies. Regulator Sees ‘Extraordinary Consumer and Investor Demand’ for Crypto Australian Securities and Investments…
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He told an audience that the rise of blockchain currencies has been “nothing short of phenomenal.” Joe Longo, chair of the Australian Securities and Investments Commission, or ASIC, spoke at the Australian Financial Review Super and Wealth Summit on Monday at the Fullerton Hotel in Sydney. The rise of crypto, he said, has been “nothing…
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Kraken Australia’s Managing Director is concerned that a proposed new licensing regime for crypto exchanges could collapse the vibrancy of the industry down under. With crypto regulation reportedly set to ramp up in Australia over the next 12 months, Kraken Australia’s Managing Director Jonathon Miller thinks that a strict crypto regime could stifle local competition.…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Investments in BTC Keep Growing, in ETH – Dropping, MoonPay Valued at USD 3.4B + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The Liberal Party Senator commented that DeFi “presents huge opportunities” for Australia to cement its place as a “front-runner for innovation.” Senator Jane Hume has stated that decentralized finance (DeFi) “presents huge opportunities” for Australia to cement its place as a “front-runner for innovation and economic progress.” Senator Hume spoke at the Australian Financial Review…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ … Read More: Crypto Gift Plans, Bitcoin Goes Baseball, SEC vs. BlockFi + More news Read more »Pay, Trade, Buy Bitcoin with Credit Card
