Australia

It’s not easy to pinpoint the best Bitcoin casinos Australia. As the popularity of cryptocurrencies continues to soar, the demand for Bitcoin and crypto casinos has grown exponentially, prized by players for the privacy, speed, and convenience that they offer.In this article, we will explore the top 10 crypto and Bitcoin casinos in Australia. These casinos have been selected based on their exceptional features, including game variety, security measures, bonus offerings, and overall user experience. Our top favourite is TG.Casino,…

The post HSBC Australia To Block All Customer Payments to Crypto Exchanges appeared first on Coinpedia Fintech News HSBC Australia has announced that it will block all customer payments to cryptocurrency exchanges via credit or debit cards, starting from July 24, 2024. The bank cites the high-risk nature of such transactions as the primary reason for this decision. HSBC Australia aims to protect its customers by implementing this payment blockade and plans to further enhance security measures to safeguard against…

The post Australia To Join The Spot BTC ETF Race Starting Tomorrow appeared first on Coinpedia Fintech News The Monochrome Bitcoin ETF, Australia’s first spot Bitcoin ETF is all set to start trading on June 4, 2024. This move positions Australia alongside the US and Hong Kong in the rapidly growing BTC ETF market. Monochrome’s ETF has unique features like allowing investors to withdraw and self-custody their Bitcoin, setting it apart from other offerings. The ETF will enable direct exposure…

Since the US Securities and Exchange Commission (SEC) approved spot Bitcoin exchange-traded funds (ETFs) on January 11, 2024, the crypto market has experienced a significant recovery. This culminated on March 14, 2024, when Bitcoin (BTC) reached a new all-time high (ATH) of $73,737. This uptrend isn’t confined to the US alone. Hong Kong just launched its spot Bitcoin and Ethereum ETFs, while Australia is preparing to launch its own versions of spot Bitcoin ETFs. The global enthusiasm mirrors the community’s…

Spot Bitcoin ETFs have caused a major stir in the cryptocurrency industry, unlike anything seen before. Following the US and Hong Kong, Australia is now gearing up for a series of launches of Bitcoin exchange-traded funds. The ASX has received applications from at least two organizations, and there’s another one in the pipeline Australia Braces for Bitcoin ETF ASX Ltd., which manages about 80% of the country’s equity trading, is expected to approve the first spot Bitcoin ETFs for the…

BlackRock and Monochrome Asset Management have announced significant expansions in the United States and Australia, respectively. This marks a notable leap in the accessibility and appeal of Bitcoin exchange-traded fund (ETFs) to a broader investor base. Indeed, this initiatives reflect the evolution of the cryptocurrency investment and highlight the sector’s potential for continued growth and integration into wider financial markets. Bitcoin ETFs Rise in US and Australia BlackRock, the world’s largest asset manager, has expanded its spot Bitcoin exchange-traded fund…

The Australian government is prepping with plans to extensively reform the crypto industry within the nation’s borders. Licensing Requirements The forthcoming regulations contain new tax measures as well as guidelines for the operations of crypto brokers and exchange platforms. They will also be used to help bolster the safety of investor funds. According to treasurer Josh Frydenberg, imposing strict taxes on crypto transactions within the country is a necessary move. Frydenberg stated that Australia's crypto sector is rapidly expanding; more…

Crypto.com has taken yet another foray into the highly crypto-loving world of sports. The exchange recently signed a 5-year deal with The Australian Football League (AFL) to finance the Toyota AFL Premiership Season. It’ll also support the NAB AFL Women’s championship, making it the first crypto platform to sponsor a women’s sports contest. Crypto.com Partners w/ AFL The exchange announced its new partnership in a blog post earlier today. The deal makes Crypto.com the “Official Cryptocurrency Exchange and Official Cryptocurrency…

The Australian Securities and Investments Commission (ASIC) just released new guidelines on establishing crypto ETPs in the country. Alongside numerous regulatory requirements, the commission is tentatively permitting Bitcoin and Ethereum backed spot ETFs to launch. Incredibly, they are also willing to evaluate other cryptocurrency's suitability as underlying assets for such products. Australia's Approach to Crypto ETFs ASIC revealed its openness to digital asset ETFs in response to the crypto industry earlier today. This was a follow-up to the commission's consultation paper…