News about AUSTRALIA

News about Australia

Australian bank refutes criticism that it shuns crypto firms

The banks point to AML and other compliance risks related to cryptocurrencies as the reason not to engage crypto firms The National Australia Bank (NAB), one of Australia's Big Four lenders, has played down claims its business dealings have largely e...

A Green Solution to Ethereum’s Problems – An Australian Start-up Is Changing the Blockchain Mining Game

In March of 2021, Elon Musk wiped out $300 billion in Bitcoin’s value with a single tweet. In short, his message was that for environmental reasons, Tesla will no longer accept bitcoin as payment. He went further than just a tweet, and in May, Tesla...

Australian crypto businesses tell Senate inquiry about being de-banked up to 91 times

Speaking on a panel as part of the Senate inquiry into “Australia as a Technology and Financial Centre,” three crypto firms outlined their de-banking experience in Australia....

Kraken Australia CEO talks the August market report and BTC price slump

“We always see corrections when we get to all-time highs. I think it’s a natural part of the cycle,” said Kraken Australia CEO Jonathon Miller. Kraken Australia CEO Jo...

Australian Isolated Margin - no longer available?

Hey all, Decided to jump back into a little bit of swing-trading, and realised that binance no longer lets me transfer to isolated margin. Has this been regulated in Australia? Or am I doing something wrong? I can only access cross (3x) margin tradin...

Binance crypto debit card Australia

Is there any way at all I’m able to get one in Australia? If not what are some alternatives? submitted by /u/OnThe50 [link] [comments]

Australian Neo-Bank Volt and BTC Markets Strike Major Partnership Deal

The partnership will see BTC Markets’ customers enjoy funds protection as well as real-time trading Volt, an Australia-based neo-bank, and cryptocurrency exchange BTC Markets (BTCM) have agreed to a major partnership, Reuters has reported. "We...

Crypto Is Set To Dominate Australian Financial Industry In Less Than 10 Years

Crypto 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 finance industry in Australia. The Finder’s report...

Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments

The 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 by the Bank for International Settlements, aims to establis...

17% of Australians now own crypto, totaling $8B between them: Survey

submitted by /u/C4-PO [link] [comments]

56% of Australians believe tech billionaire Elon Musk invented Bitcoin.

submitted by /u/DoughnutPi [link] [comments]

Study: 1 in 6 Australians hold crypto; 56% think Musk invented Bitcoin

submitted by /u/Dr_Matematike [link] [comments]

Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot

The joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank digital currencies. The central b...