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“# A quarter of Aussie crypto users plan to buy crypto Christmas gifts: Survey ” More than a quarter of Australian crypto users surveyed in October plan to use digital assets as a part of their Christmas presents this holiday season. The survey by crypto wallet and services provider Crypto.com polled 2,020 Australians aged 18-59….
“# BTC Markets hires former ASX and Tyro executives to advisory board ” Australia’s largest digital assets exchange, BTC Markets, has announced it will be adding two new senior additions to its Advisory Board, David Raper and Garry Duursma. BTC Markets has 325 thousand Australian clients, who have traded over AU$17.1 billion on the platform….
“# ‘Sinister’ debanking of crypto traders is often anti-competitive says Senator Bragg ” Australian banks have been dressing up anti-competitive behavior as regulatory compliance when de-banking crypto customers, Senator Andrew Bragg said. “I believe many banks have been dressing up de-banking as a regulatory necessity. In fact it is often anti-competitive behavior and far more…
“# BetaShares crypto company ETF smashes Australian records on opening day ” Australian fund management company BetaShares’ new crypto company ETF smashed Australian Securities Exchange (ASX) records within the first 15 minutes of listing. The Capital Appreciation Portfolio Diversification (CRYP) fund enables investors to gain exposure to 50 pure-play listed crypto companies from around the…
“# ANZ bank executive: The ‘weight of money’ means crypto can’t be ignored ” One of the ANZ bank’s senior executives has told a Blockchain Australia forum that the crypto sector has grown too big to be ignored by traditional finance. The comments came a day after rival Commonwealth Bank announced that it would roll…
“# ACX’s parent company Blockchain Global collapses owing $15M ” Blockchain Global (BGL), the parent company of the now-defunct Australian crypto exchange ACX, has collapsed with outstanding debts of $15 million. On Sept. 13, The Victoria Supreme Court placed a freeze order on 117.33 Bitcoin (BTC) —worth around $7.1 million — held by two companies…
“# Aussie crypto micro investment app Bamboo raises $3M, eyes US market ” Blake Cassidy, CEO of Australian micro-investment app Bamboo, has claimed that the Australian Securities Exchange’s (ASX) bias against listing crypto companies is causing an Aussie brain drain leading firms to seek out a US listing. Cassidy’s comments come in the same week…
“# Blockchain forensics firm Chainalysis opens Australian office ” Leading blockchain analytics firm Chainalysis is opening its first Australian office in Canberra, coinciding with the news it has partnered with the Commonwealth Bank on its plans to offer crypto trading to 6.5 million app users. Chainalysis, which was valued at US$4.2 billion at its Series…
“# Commonwealth Bank to enable crypto trading for 6.5M Aussies, ‘other banks will follow’ ” The Commonwealth Bank of Australia (CBA) is set to launch crypto trading services for the 6.5 million users of its CommBank app. The CBA will become the first bank in Australia to support crypto, and Blockchain Australia says it is…
“# Aussie crypto companies keen to embrace regulations says senator ” Australian Senator for New South Wales Andrew Bragg has asserted that robust regulations would “bring credibility and validity” to the country’s emerging digital asset sector. Speaking to local publication Finder on November 2, the chairperson of the Senate Committee on Australia as a Technology…