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PortuguêsAmid rising fervor for a Bitcoin ETF approval in the United States, the Australian Securities Exchange (ASX) is all set to feature its very first cryptocurrency-focused ETF. Australian ETF provider…
Continue ReadingThe fund will trade on ASX and aims to provide a level of crypto exposure to institutional investors. Six months following its application with the Australian Securities Exchange (ASX), BetaShares…
Continue ReadingAustralian authorities will be able to seize or freeze cryptocurrencies linked to cybercrime under new legislation. Australian lawmakers are taking a tougher stance against ransomware with a new plan that…
Continue ReadingOn Tuesday, the Atlanta-based cryptocurrency payments company Bitpay announced the Israeli software company Wix has enabled its Software as a service (SaaS) e-commerce product to accept crypto-asset payments. The integration…
Continue ReadingDBSV and Independent Reserve previously received MAS’ in-principle approvals to provide digital payment token services. Singapore’s principal financial regulator, the Monetary Authority of Singapore (MAS), has officially approved two companies…
Continue ReadingThe latest Bitcoin Markets Report showed greater investment in crypto assets in Australia in FY 2020-21. As per the report, Australians have been interested in the asset class due to…
Continue ReadingOlder Australian crypto investors outweigh the new generation in initial investment, but the younger crowd is more active in daily trading. The average portfolio size on Australian cryptocurrency exchange BTC…
Continue ReadingAs the crypto industry continues to dominate, financial regulators fear criminals will turn to the industry for their illicit activities. This year 2021, has been hot for the crypto industry…
Continue ReadingBinance users in Australia have 90 days to close their positions for futures, options and leveraged tokens. Binance, the world’s largest cryptocurrency exchange by trading volume, continues limiting its services…
Continue ReadingOnce upon a time, regulators around the world weren’t confident about handling the crypto-ecosystem. This attitude, however, has changed of late thanks to the industry’s growth and the interest it…
Continue ReadingCrypto asset investing has become more popular with Aussie boomers according to the country’s largest exchange. Australian cryptocurrency exchange BTC Markets has observed a significant uptick in older clients using…
Continue ReadingAussie “buy now, pay later” fintech found that BNPL users are 67% more likely to trade crypto than non-users. Australian “buy now, pay later” (BNPL) firm Zip, the smaller rival…
Continue ReadingFintech companies see an opportunity in the negligence and reluctance of traditional banks toward the cryptocurrency ecosystem. The banking capabilities of fintech have met cryptocurrencies in a new partnership between…
Continue ReadingCBDC, also central bank digital currency, is a digital token issued by a country. Many governments and central banks around the world are exploring the use of CBDCs. Even though…
Continue ReadingCrypto experts have said that Australia’s finance industry is set to be dominated by cryptocurrency by 2029. Finder’s annual cryptocurrency report shows that crypto is set to replace the traditional…
Continue ReadingA report about the state of Bitcoin and cryptocurrency in Australia for August suggests that 56% of Australians believe Elon Musk invented Bitcoin. A report about the state of Bitcoin…
Continue ReadingThe central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led…
Continue ReadingBitcoin remains the most popular cryptocurrency in Australia, with 9% of Aussies currently hodling it. One in six Australians now own cryptocurrency, with the total value of their holdings adding…
Continue ReadingThe joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank-issued digital currencies. The central banks of Australia, Singapore, Malaysia and South Africa have…
Continue ReadingThe former executive of the first blockchain listed publicly is now the current CEO of Binance Australia. The exchange announced Leigh Travers’s appointment. The new CEO was formerly the chief…
Continue ReadingThailand’s Bank of Ayudhya, where MUFG holds a 76.9% stake, has participated in a $41 million raise for Asia-Pacific-focused crypto trading platform Zipmex. Thailand’s Bank of Ayudhya (BAY) – in…
Continue ReadingThe Australian Department of Home Affairs stated that the country lacked the technical capabilities to implement a system that complies with the travel rule proposed for cryptocurrencies. The Department concluded…
Continue ReadingLegislation dramatically expanding the hacking capabilities of Australian authorities investigating suspected cybercriminals has been passed through the country’s Senate. Sweeping legislation allowing officials from the Australian Federal Police and Australian…
Continue ReadingThe ability to spend crypto as easily as one might spend traditional fiat currency has long been sought after by many. The rise of new crypto cards in Australia promises…
Continue ReadingBitcoin-related investment scams have already exceeded $18.5 million, an increase of 44% compared to the total losses of nearly $12.8 million in 2020. Investment scams in Australia cost investors more…
Continue ReadingA nine-month blockchain initiative assessing the cost and time efficiency of the two countries’ digital verification systems has been deemed a success. The Australian Border Force (ABF), Infocomm Media Development…
Continue ReadingBased on the reports from Aussie investors, ASIC said that citizens have suffered significant losses due to “excessive leverage, platform outages, or unfair liquidations.” As crypto breaches mainstream finance, authorities…
Continue ReadingCrypto holders in the United States, Canada and now Australia can generate tax reports using the exchange. Cryptocurrency exchange Crypto.com has launched a free tax reporting service for users based…
Continue ReadingBlockchain Australia is displeased with the way its government is treating the crypto industry locally. According to the association, the government is judging the industry through malicious scammers and actors…
Continue ReadingThe industry body has accused the government of leaning into narratives about malicious actors and scams, rather than engaging with the blockchain space to establish fit-for-purpose regulation. Blockchain Australia, an…
Continue ReadingAlex Saunders has brought a lot of criticism to himself by delaying loans, investment funds, and Bitcoin payments. However, Saunders has been very popular in the crypto space as an…
Continue ReadingAustralian crypto exchange CoinJar has released the first crypto MasterCard in the country. A post on CoinJar’s website confirmed that this card can be used just like a fiat MasterCard.…
Continue ReadingIndependent Reserve gets the first in-principle approval that gives hope to around 170 crypto exchange applicants waiting to receive an official operating license in Singapore. Independent Reserve, an Australian crypto…
Continue ReadingCoinJar Card will be made available through digital and physical cards and currently supports fiat-like transactions for 30 cryptocurrencies. Mastercard has been making headlines consistently as it ramps up efforts…
Continue ReadingSquare will acquire Australian fintech firm Afterpay in a $29 billion stock deal, expecting to close the transaction in Q1 2022. Jack Dorsey’s cryptocurrency-friendly digital payments firm Square is expanding…
Continue ReadingThe Australian crypto industry “cannot afford to wait years for regulatory clarity,” and consumers require confidence to access crypto services, the Australian blockchain association argued. Blockchain Australia, a major association…
Continue Reading“All of your margin balance may be liquidated in the event of extreme price movement,” Binance stated. Global cryptocurrency exchange Binance continues restricting support for some of its trading services…
Continue ReadingThe inaugural 2021 Independent Reserve Cryptocurrency Index, or IRCI, is based on a poll of 1,000 Singaporeans from a representative background of gender, age and location. Cryptocurrency adoption is growing…
Continue ReadingThe taxman commeth for Australian crypto investors and Binance wants to help them out. The Australian branch of leading cryptocurrency exchange Binance has increased the ability for users to accurately…
Continue ReadingThe Australia Securities Exchange says crypto investors in the country need to be mindful of the dangers of holding their cryptocurrencies on exchange platforms. The Australia Securities Exchange (ASX) has…
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