Facebook warns investors that Libra may never see the light of day
Facebook reminded investors that while it expects to launch its Libra digital currency in 2020, a number of factors could keep that from happening.
HUB24 launches multi-currency functionality in managed portfolios
HUB24 has added multi-currency functionality to its market-leading platform.
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.”
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.
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.
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.
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.
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.
