Cryptocurrency Analysis and News Portal
The Australian government is bolstering its market regulator's digital asset team as part of a “multi-stage approach” aimed at clamping down on crypto and ensuring proper risk disclosures from crypto firms.A Feb. 2 joint statement by Australian Treasurer Jim Chalmers and Assistant Treasurer Stephen Jones explained that the new measures are
Read More
Despite the bear market and the record-low dynamics of new Bitcoin ATM installations around the world, Australia breaks into the top three nations globally by the number of crypto ATMs. It was only in the first days of January when the Aussies got to the fourth spot — since that
Read More
The purpose of AUDN would be to allow its customers to settle transactions on blockchain technology in real-time using Australian dollars, NAB said. AUDN could also be used for several other purposes including "carbon credit trading, overseas money transfers and repurchase agreements," NAB’s Chief Innovation officer Howard Silby told AFR. Source
Read More
The Lightning Bitcoin ATMs help to process transactions faster and solve the problem of batching funds for multiple transactions.In a recent development, the Australian city of Coolangatta announced the launch of its first Bitcoin ATM integrated with Lightning Network capabilities. Lightning Network is a Layer-2 scalability solution for Bitcoin and
Read More
The Australian city of Coolangatta has got its first Bitcoin (BTC) ATM with integrated Lightning network capabilities. The new ATM has been installed at The Strand shopping center in Coolangatta and is now available for use by the public.A Bitcoin Lightning ATM works quite similarly to traditional Bitcoin ATMs but
Read More
El Salvador, the first country to legalize Bitcoin (BTC), has been pushed down yet another spot in total crypto ATM installations as Australia records 216 ATMs stepping into the year 2023.As part of El Salvador’s drive to establish Bitcoin as a legal tender, President Nayib Bukele had decided to install
Read More
Cryptocurrency-related Exchange Traded Funds (ETFs) have taken the two top spots for the worst-performing ETFs in Australia for the year, with the same story playing out in the United States.BetaShares Crypto Innovators ETF (CRYP) and Cosmos Global Digital Miners Access ETF (DIGA) have provided investors down under with respective negative
Read More
More and more people are discovering Bitcoin (BTC) and other cryptocurrencies, which is good for the adoption of digital money on the blockchain. Interest in Bitcoin is also growing in Australia and companies are responding positively. For example, there are various ways to buy Bitcoin in Australia.Trading Bitcoin is more
Read More
Significantly, the government will assess which tokens or "digital assets should be regulated by financial services laws" as part of its ongoing ‘token mapping’ work. In August, 2022, Australia's Treasury announced it would prioritize ‘token mapping’ work which involves uncovering the characteristics of all digital asset tokens in Australia including
Read More
Australia’s securities regulator has suspended the license of the Australian unit of the bankrupt crypto exchange FTX until mid-May. According to an issued statement, the platform will be allowed to provide limited financial services until Dec. 19 in order to terminate existing derivatives. FTX Australia Sees License Suspended After Accepting Voluntary
Read More