Cryptocurrency Analysis and News Portal
BTC Markets, the largest digital assets exchange in Australia, has announced it will be sponsoring professional tennis player Ajla Tomljanovic for the Australian Open and Sydney Tennis Classic tournaments taking place this month.In a Tuesday announcement, BTC Markets said it would be backing Tomljanovic as part of a partnership inspired
Read More
Australian superannuation fund Rest Super is set to become the first retirement fund in the country to invest in cryptocurrencies. The fund has more than $46.8 billion worth of assets under management (AUM) and around 1.8 million members. Superannuation is the equivalent of a 401k or Individual Retirement Account in
Read More
The CEO of Commonwealth Bank of Australia (CBA), the country’s largest bank, sees big risks in not participating in cryptocurrency. “We see risks in participating, but we see bigger risks in not participating,” he explained. Crypto FOMO, Banks Need to Get Involved, Says CEO of Commonwealth Bank Commonwealth Bank of Australia CEO
Read More
The Commonwealth Bank of Australia (CBA), the country’s biggest bank, is providing customers with the ability to buy, sell, and hold crypto assets directly through its app. The bank has partnered with crypto exchange Gemini and blockchain analytics firm Chainalysis to provide crypto services. Commonwealth Bank Begins Offering Crypto Services Commonwealth Bank
Read More
For crypto to be a permissible asset for to back an ETP or other structured product, it must meet five criteria: A high level of institutional support and acceptance; reputable and experienced service providers to support the products; a mature spot market; regulated futures markets for trading derivatives and robust
Read More
In a little more than a decade since it was first introduced, blockchain has emerged into the mainstream as a cost-effective, secure and rapid way to conduct a wide variety of business transactions, from tracking the movement of funds and goods to smart contracting, identity and credentialing. It has the
Read More
Gemini teams up with Holon Global Investment to custody a Filecoin fund to increase access in Asia and promises 100% in five years.Cryptocurrency exchange Gemini is partnering with Australian equities manager Holon Investment, to custody a Filecoin (FIL) fund. The US crypto platform is expanding in southeast Asia and seeks
Read More
Australia’s blockchain and cryptocurrency companies need more support from the federal government and regulators to boost confidence within the country’s business sector, according to Steve Vallas, CEO of advocacy body Blockchain Australia.Speaking at the Senate Select Committee on Financial Technology and Regulatory Technology on Thursday, Vallas said Australia has a
Read More
Australia’s eSafety Commissioner Julie Inman Grant has suggested a blockchain-powered ID solution could help tackle cyber abuse and trolling while allowing users to maintain a level of anonymity.Speaking to New South Whales media outlet The Sydney Morning Herald, Grant said that while anonymity was beneficial for general online use, people
Read More
With a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold in electronic commerce. European Central Bank President Christine Lagarde says bitcoin needs to be regulated. (European Central Bank, modified
Read More