Currency

Jul
19

IMF warns banks must evolve or be ‘left behind’ amid the rise of digital money

“The Rise of Digital Money” noted that cash and bank deposits, which are currently the most common forms of money, will “face tough competition.”

By Reposted by Australian FinTech | Banking . Currency . FinTech
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Jul
18

Australian FinTech company profile #37 – CoinJar

CoinJar is a digital currency account that makes it easy to acquire and use cryptocurrencies through our app and debit card.

By Australian FinTech | Currency . FinTech
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Jul
10

China unveils central bank digital currency plans, sparked by Libra

China’s central bank digital currency is a go, China Daily reports. The program has been approved by the State Council and is now moving forward.

By Reposted by Australian FinTech | Banking . Currency . FinTech
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Jul
08

SendFX Australian Review

SendFX is an Australian owned money transfer company that launched in 2019. Find out if they are worth using to send money overseas.

By Reposted by Australian FinTech | Currency . FinTech
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Jul
08

Will Libra be the first global currency?

In short, Libra is no less than Facebook’s ambitious plan to create a global currency that makes it easy for anyone to send money all over the world.

By Reposted by Australian FinTech | Bitcoin . Currency . FinTech
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Jul
03

Don’t forget, the ATO wants to tax your Crypto

The Australian Tax Office recently declared its intention to target crypto traders who are avoiding paying the proper amount of tax.

By Reposted by Australian FinTech | Bitcoin . Currency . FinTech . Investing
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Jul
02

The spectre of cryptocurrency is spurring banks into action

Goldman Sachs is weighing the idea of launching a cryptocurrency of its own, CEO David Solomon said late last week.

By Reposted by Australian FinTech | Banking . Bitcoin . Currency . FinTech . Investing
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Jul
02

Central banks should issue digital currencies of their own

Because digital money is naturally cross-border, it opens the way to new forms of currency competition, from Libra among others.

By Reposted by Australian FinTech | Banking . Currency . FinTech
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