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Commonwealth Bank of Australia recognizes risks in missing out on crypto
23.11.2021
“We see risks in participating, but we see bigger risks in not participating,” said CBA CEO Matt Comyn on the bank’s recent crypto adoption play
Crypto FOMO: Australia’s Largest Bank Sees ‘Bigger Risks in Not Participating’ in Crypto
21.11.2021
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...
ANZ bank executive: The ‘weight of money’ means crypto can’t be ignored
5.11.2021
“When you look under the hood on that, we've concluded that this is a major protocol shift for financial market infrastructure,” said Nigel Dobson, ANZ’s Banking Services Portfolio Lead
ASX sounds crypto exchange custody warning, calls for better regulations
21.7.2021
The Australia Securities Exchange says crypto investors in the country need to be mindful of the dangers of holding their cryptocurrencies on exchange platforms
Australian Senator Says Cryptocurrency Is Not a Fad — Government Won’t Stand in the Way
20.5.2021
Australian Senator and Minister of Financial Services Jane Hume said that “cryptocurrency is not a fad. It is an asset class that will grow in importance.” She emphasized that the government won’t stand in the way of crypto investing. “We have to let people make their...
Crypto.com becomes a principal member of the Visa network
18.3.2021
Cryptocurrency exchange platform and card issuer Crypto.com has partnered with Visa and plans to debut fiat lending
Blockchain Australia ousts retail merchant crypto project Qoin
24.2.2021
Blockchain Australia has terminated Qoin’s membership of the association amid allegations that the crypto project is a pyramid scheme
Australia Crypto Merchant Trade Sets $74K Monthly Record With BCH Capturing 97%
5.3.2020
Cryptocurrency payments in Australia, which have been growing in volume in the past few years, have recently scored another record. Crypto-based merchant trade across the country reached almost $74,000 in February according to a new report. Bitcoin cash has by far the largest share in retail crypto...
Australia’s Perth Mint Launches First-Ever Sovereign Gold Crypto Token
11.10.2019
Australian government-owned Perth Mint has launched a gold crypto token. An InfiniGold Precious metal digitation company supported the launch. The launch is said to be an initiative to digitize its gold assets. This accreditation certification is issued by Perth Mint and is guaranteed by...
Economic Infeasibility: the Reason behind Closure of Coinexchange.io
3.10.2019
CoinExchange.io, an Australian cryptocurrency exchange, which was launched in 2016 has closed its all kinds of services. The company is backed by 500 Altcoins. It saw a daily trade volume of about $700,000 and has also featured at 100th rank on the CoinMarketCap’s exchange rankings. However...
Gemini is Expanding its Crypto Trading Operations to Australia
22.8.2019
Recently, Winklevoss-twins promoted Gemini, a cryptocurrency exchange, reported that it is expanding its crypto exchanging operations to Australia-based clients. Herewith, Australian traders will be able to access crypto exchange’s mobile app on Android and iOS to purchase, sell, and store...
Report Suggests 15 Countries are Planning Global Monitoring System for Cryptocurrency Under FATF
10.8.2019
As per the latest report released by Nikkei Asian Review, a news outlet based in Tokyo, as many as 15 countries are planning to form a global digital currency monitoring system. This system will be developed alongside the FATF, short for Financial Action Task Force, the intergovernmental...