Australia Financial News

25.11 / 02:27

Blockchain UPS Provident pension Australia: Rest Super may become first pension fund to invest in crypto

Australia is escalating its efforts to trigger institutional crypto investment in the country with Rest Super becoming the first superannuation fund to invest in cryptocurrencies.

24.11 / 07:57

business Adoption Investments Australia's Rest Super retirement fund to invest in crypto for its 1.8M members

Australian superannuation fund Rest Super is set to become the first retirement fund in the country to invest in cryptocurrencies.

24.11 / 00:47

Government Blockchain Adoption ASIC Chair Longo calls the growing demand for crypto ‘impossible to ignore’

Joe Longo, chair of the Australian Securities and Investments Commission, or ASIC, spoke at the Australian Financial Review Super and Wealth Summit on Nov 22 at the Fullerton Hotel in Sydney.

23.11 / 08:53

business Government Adoption Commonwealth Bank of Australia recognizes risks in missing out on crypto

Matt Comyn, the CEO of the Commonwealth Bank of Australia (CBA), said that the bank is more concerned about the risks of missing out on crypto than those associated with its adoption.

23.11 / 05:23

business Government Kraken Australian Australian Crypto Proposed tightening of Australian crypto regulations could stifle competition: Kraken

With crypto regulation reportedly set to ramp up in Australia over the next 12 months, Kraken Australia’s Managing Director Jonathon Miller thinks that a strict crypto regime could stifle local competition.

22.11 / 17:31

Blockchain Digital Bitcoin Support Australia mustn’t ‘fear the unknown’ as Senator voices support for DeFi, crypto

There has been a paradigm shift in the digital finance ecosystem. It started from the early stages of the Internet to Layer 1 cryptocurrencies such as Bitcoin. Now, there’s Decentralised Finance or DeFi, also called the “Wild West” of crypto.

22.11 / 06:09

Adoption economy Time NOT Australian Australian Senator says DeFi is 'not going away any time soon'

Senator Jane Hume has stated that decentralized finance (DeFi) “presents huge opportunities” for Australia to cement its place as a “front-runner for innovation and economic progress.”

19.11 / 17:05

Ethereum Adoption NFT Non-fungible tokens Aussie Programmer Creates 'Educational' Pirate Bay For JPEG Versions of NFTs

Amid a rapidly rising interest in non-fungible tokens (NFTs) across the world, Australian software developer Geoffrey Huntley has uploaded nearly 18 terabytes of digital artwork copies to a server, creating a new torrent site where anyone can download them - as a 'lesson' on NFTs.

19.11 / 12:33

Digital Platform Gemini NIFTY $400M Funding helps Gemini valued at $7.1B to Build a Decentralized Metaverse

American cryptocurrency exchange Gemini raises $400 million through growth equity financing, led by Morgan Creek Digital.

19.11 / 08:19

Government Adoption Banks RBA warns Aussies over punting on ‘fad driven’ cryptocurrencies

The Reserve Bank of Australia (RBA) has warned Aussie investors about speculating on digital assets as it casts doubt over the entire crypto sector.

19.11 / 06:39

Art NFT 1.2M users flock to NFT Pirate Bay for artwork archive

An Australian software developer has created an online repository of non-fungible tokens (NFTs) called the “The NFT Bay”. The repository includes JPEG versions of the NFTS, not the blockchain-secured token itself.

17.11 / 12:29

Blockchain Lightning Network lightning Bitcoin Australian Australian baseball club Perth Heat to pay athletes in Bitcoin

Australian baseball club Perth Heat has announced a partnership with Bitcoin payment processor OpenNode to accept and make payments in Bitcoin (BTC). The partnership allows Perth Heat to pay professional players and staff in Bitcoin.

17.11 / 07:33

business Crypto users 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.

16.11 / 10:29

business BTC Markets 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.

14.11 / 13:23

Culture end Bulgaria's third election in eight months brings hopes of an end to political stalemate

Earlier this summer, fans of Bulgaria’s economy minister, Kiril Petkov, circulated a meme that showed the 41-year-old alongside another of a shirtless Chris Hemsworth. Australian actor Hemsworth, it said, was what men think women want. Petkov, it said, was what they actually wanted.

11.11 / 04:19

ETF SEC CEO Bitcoin analyst crypto ETFs Australian Australian analyst sees huge inflows into crypto ETFs going forward

Australia’s implicit interest in the first crypto ETF was a great piece of news for the crypto market. Especially, when the U.S. has taken a conservative approach on approval of physically-backed funds or spot ETF. But, there’s more positive to that according to an ETF expert.

11.11 / 04:09

regulation banking '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.

09.11 / 18:25

Ethereum ETF Compilation Bitcoin Polkadot ETFs in Europe outperform Bitcoin, Ethereum, traditional finance

Exchange-traded products (ETP) are the next big thing for many institutional cryptocurrency investors. In fact, crypto-ETFs have captured a huge share of the market within no time. In one such case, crypto-backed ETFs in America and Australia broke several records within days of trading.

09.11 / 14:14

Digital Cooper MasterCard Mastercard Partners with 3 Firms to Launch First Crypto-Linked Payment Cards in Asia Pacific

Payment giant Mastercard announced on Tuesday that it will enter cryptocurrency payments in the Asia-Pacific region.

09.11 / 00:55

business MasterCard credit cards BREAKING: Mastercard launches crypto-linked cards across Asia-Pacific

Credit card giant Mastercard made a big splash in the digital asset market on Tuesday by announcing the launch of crypto-linked payment cards across the Asia-Pacific region.

08.11 / 13:40

Provident ETF Bitcoin Spain: Banco Santander actively planning to launch first Bitcoin ETF

The market saw the launch of the first batch of Bitcoin ETFs in the United States a few weeks ago. This led to the cryptocurrency hitting new price heights on the charts. What’s more, this was followed by the Australian market releasing its own crypto-backed ETFs, which too had parabolic effects on the market.

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