Category: Australia

43% of Singaporeans own crypto, according to Independent Reserve survey

July 26, 2021

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The 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. 4781 Total views 23 Total shares Cryptocurrency adoption is growing in Singapore, especially among younger generations looking to capitalize on the generational wealth potential of Bitcoin (BTC) and other […]

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Binance Australia partners with Koinly for tax reports as ATO ramps up compliance

July 22, 2021

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The taxman commeth for Australian crypto investors and Binance wants to help them out. 1398 Total views 7 Total shares The Australian branch of leading cryptocurrency exchange Binance has increased the ability for users to accurately report tax liabilities amidst increased pressure from local tax authorities. Binance has partnered with cryptocurrency tax startup Koinly to […]

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Australian government awards $4M in grants to two blockchain startups

July 13, 2021

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The new investment aims to explore blockchain’s capability to expand the competitiveness of Australia’s critical minerals and food and beverage industries. Australia’s Minister for Industry, Science and Technology announced 5.6 million Australian dollars ($4.2 million) in grants to two blockchain-focused companies including traceability firm Everledger and technology consulting startup Convergence.tech. Everledger, a company focused on building […]

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Two-fifths of Aussie millennials think crypto investments beat real estate

June 7, 2021

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Boomers down under are worried about volatility, but millennials are filling their crypto bags. 6174 Total views 8 Total shares Research has revealed that one in five Australians believe that crypto is the key to homeownership as confidence in traditional savings dwindles. The survey, conducted by cryptocurrency exchange Kraken, found that an increasing number of […]

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New ASEAN blockchain consortium targets cross-border cooperation

April 23, 2021

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The new ASEAN Blockchain Consortium aims to engage with regulators to ensure compliance and raise industry awareness. 9847 Total views 43 Total shares Blockchain associations from Australia and five Southeast Asian nations are joining forces to promote blockchain development and education. Blockchain organizations from Australia, Singapore, Malaysia, Thailand, Indonesia and the Philippines signed a memorandum […]

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Australians can now exchange solar energy credits for beer with blockchain

March 31, 2021

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Victoria Bitter has partnered with blockchain energy trading platform Power Ledger to allow customers to earn beer with surplus solar energy. 5570 Total views 36 Total shares Asahi’s Australian lager beer subsidiary Victoria Bitter has taken a step toward sustainability by allowing customers to earn a pint with solar energy via blockchain. According to a […]

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Crypto.com becomes a principal member of the Visa network

March 18, 2021

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Cryptocurrency exchange platform and card issuer Crypto.com has partnered with Visa and plans to debut fiat lending. 5790 Total views 22 Total shares Crypto.com is now the latest cryptocurrency exchange and payment service to join the Visa network. According to a press statement issued on Wednesday, Crypto.com has inked a global partnership with the credit/debit […]

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Australian regulators open to Bitcoin ETF with ‘rules in place’

February 12, 2021

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Securities regulators’ down under said that they are open to a Bitcoin ETF, so long as investors are protected by the proper rules. 12247 Total views 39 Total shares The Australian Securities and Investments Commission has clarified its position regarding Bitcoin (BTC)-linked exchange-traded funds.  According to a Feb. 12 report by the Australian Financial Review, […]

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Kraken Adds 26 Crypto Trading Pairs to Capture Growing UK, Australia Markets

January 21, 2021

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Kraken’s biggest ever expansion of trading pairs is aimed to grow its presence in the two promising markets. ((Piotr Swat/Shutterstock)) Jan 21, 2021 at 2:30 p.m. UTCUpdated Jan 21, 2021 at 2:38 p.m. UTC Kraken Adds 26 New Crypto Trading Pairs to Capture Growing UK, Australia Markets Cryptocurrency exchange Kraken has more than doubled the […]

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Aussie Bitcoin exchange owner accuses banks of discrimination

January 18, 2021

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An Australian Bitcoin exchange operator has taken legal action against two commercial banks in the country, accusing them of discriminatory practices. 3591 Total views 16 Total shares Allan Flynn, a Bitcoin trader in Australia has filed a complaint against two commercial banks in the country — ANZ and Westpac — accusing both of systematic discrimination. […]

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