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Tag Archives: Australia

‘Big Four’ Giant PwC Director Quits, Joins Bitcoin Exchange as CEO in Australia

A director at ‘big four’ accounting giant PricewaterhouseCoopers (PWC)  in Australia has quit the firm to join crypto exchange bitcoin.com.au as its newest CEO. Ben Ingram left PwC Australia back in March, where he was responsible for digital strategy, accounting and consulting, as its director before taking over the exchange as its chief executive, Business Insider Australia reports. The executive ...

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Huobi Launches Cryptocurrency Exchange in Australia

Chinese cryptocurrency exchange Huobi announced this week that trading has begun on its newly-launched platform in Australia. Huobi’s global push is no surprise, as most crypto exchanges have been pursuing untapped markets in a bid to grow their user bases. The exchange — now based out of Singapore, with offices in Canada and Brazil — said trading will start with ten pairs ...

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Huobi Australia | Huobi Global Expansion Continues Down Under

Huobi Australia: The world’s fourth-largest cryptocurrency exchange by its daily trade volume, Huobi, just announced that it is launching its exchange in Australia today, July 5th. Huobi Australia The trading pairs on the new Australian platform are set to be phased in throughout Thursday starting at 10:00 AM Sydney time.  The ten pairs that will be launched include: Bitcoin (BTC)/AUD Ethereum ...

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Reserve Bank of Australia Has Some Interesting Views on Bitcoin

Australia is quickly positioning itself as a very interesting location for cryptocurrency and blockchain development. Although the overall climate appears relatively positive, it remains to be seen how things will play out. The Reserve Bank of Australia is still not convinced that Bitcoin and its cohorts are here to stay for much longer. RBA Continues to Dislike Bitcoin No one ...

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Australia Central Bank Admires Bitcoin But Says It Has ‘Flaws’

“Even if one is quite skeptical of whether bitcoin will have a significant role in the economy in the future, I think it is hard to avoid some admiration for its design,” Reserve Bank of Australia official Tony Richards thus addressed bitcoin and cryptocurrencies in general in a speech to the Australian Business Economists in Sydney on Tuesday. Dr. Richards, ...

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RBA Official Predicts Bitcoin Will Struggle in Australia

A senior official at the Reserve Bank of Australia (RBA) has speculated that Bitcoin is unlikely to succeed in Australia because they already have a successful currency. The official compared the volatility of cryptocurrencies to stable fiat alternatives and cast doubt on Bitcoin as a store of value. Bitcoin Is Too Volatile RBA head of payments policy, Dr Tony Richards, ...

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Australia, New Zealand Central Banks Don’t Plan to Issue Own Cryptos

The central banks of Australia and New Zealand denied they would issue their own cryptocurrencies June 26, in a speech calling Bitcoin “fascinating” but “inefficient.” Addressing the Australian Business Economists in Sydney, Tony Richards, head of the Reserve Bank of Australia’s (RBA) payments policy, appeared hawkish on cryptocurrency as Australia’s government devotes considerable funds to blockchain research. “It’s not a ...

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World’s Largest Blockchain Loyalty Program Launches in Australia

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Bitcoin ...

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The Number of Bitcoin ATMs in Australia Doubled in the Past Six Months

Australia is quickly becoming an integral part of the cryptocurrency world. Thanks to solid regulatory developments and a growing Bitcoin ATM network, bringing cryptocurrency to the masses has become a lot more straightforward. It is quite interesting to see how things have been accelerating over the past six months in this regard. Bitcoin ATMs Across Australia Similar to most other ...

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