Only 3.5 million Bitcoin is traded worldwide; majority of BTC held long-term as digital gold
Only 3.5 million bitcoin or 19% of total circulating supply is actively traded, while the rest is being held long-term by investors as digital gold.
Australia’s DeFi Boom: Growing excitement as new projects launch
Australia is experiencing a DeFi boom, with leading derivatives project Synthetix joined by buzzy newcomers Thorchain, Ren and mSTABLE.
Kraken launches in Australia with AUD trading
One of the world’s largest cryptocurrency exchanges, Kraken, launches in Australia and clients can now fund their account and trade with AUD.
Little need for a centrally managed digital currency in markets like Australia: RBA
What additional purpose would a centrally managed digital currency serve that electronic money from financial institutions is not already serving?
Pandemic pushes central bank digital currencies into top gear
Coronavirus is accelerating the development of central bank digital currencies as it has prompted millions of people to turn to cashless payments.
Australians, New Zealanders can now use Bitcoin in vending machines
Vending machines operated by major Asia-Pacific soft-drink bottler and distributor Coca-Cola Amatil will now be accepting payments in crypto.
Coronavirus has fast-tracked our journey to a cashless future, but will cash disappear altogether?
When did so many Australians fall out of love with cash? A recent survey of consumer payment behaviour from the RBA suggests it’s been a long time coming.
Airwallex launches new WeChat Pay solution
Global fintech leader Airwallex has launched a new payment acceptance service in Australia, Hong Kong and Singapore with WeChat Pay.
