Aussie fintechs feature heavily on the Deloitte Technology Fast 500 Asia Pacific
Congratulations to the Aussie fintechs who have made the Deloitte Technology Fast 500 Asia Pacific
Many Aussie fintechs are yet again amongst the Deloitte Technology Fast 50 2019 Australia
Congratulations to the Australian fintech companies who have made the Deloitte Technology Fast 50 2019 Australia.
Bitcoin enthusiasts see end to bear market
After a brutal bear market that’s stretched 16 long months, Bitcoin enthusiasts are ready to declare that the dreaded “crypto winter” is finally at an end.
PlayChip lists on Bittrex International
PlayChip, the Universal Gaming Token, has announced its listing on Bittrex International. The announcement comes following the impressive trading volume garnered across its existing four exchanges – HitBTC, LATOKEN, IDEX and Independent Reserve. The Bittrex listing is perhaps the most significant thus far, with an entirely new wave of cryptocurrency traders now having visibility of and access to the PlayChip, with the token’s daily trading volume increasing by 75% in the six hours following the announcement. Given just 2% of token sales from Q4 2018 obtained so much as a solitary listing, the significance of this achievement is not to be overlooked. “Bittrex is one of the most established and […]
PlayChip lists on IDEX
PlayChip’s listing on IDEX is its fourth listing in less than three weeks, following its successful listing on Australia’s first regulated cryptocurrency exchange, Independent Reserve, in late January. The token is also listed on top ten exchange HitBTC and LATOKEN. The PlayXchange, the economic centre of PlayChip’s online gaming ecosystem, has had over 12,000 registrations since its inception in December of last year. The PlayChip was also integrated into online fantasy sports gaming platform, PlayUp, in January, where it can be used to enter daily fantasy challenges in numerous global sporting events. The PlayChip is expected to integrate into two additional gaming platforms in the coming months. In Q2 of […]
DIY super funds getting into Bitcoin and other cryptocurrencies
More do-it-yourself super funds are investing in cryptocurrencies as interest in investing in digital currencies rises among investors generally. While no hard data will be available until later next year when the Tax Office releases figures for the first time on how much cryptocurrency is held by funds, industry players say there are more self-managed super funds (SMSFs) investing. Fred Schebesta, a co-founder of comparison site Finder as well as digital currency exchange HiveEx, notes a marked increase in enquiries from SMSFs looking to buy cryptocurrency. And Adrian Przelozny, the chief executive of Sydney-based digital currency exchange Independent Reserve, has about 6000 self-managed super funds on the platform, with half […]
Thousands of self-managed super funds are now investing in cryptocurrencies
Cryptocurrencies have caught the eye of Australian self-managed super funds (SMSFs), according to staff from domestic crypto exchanges. So along with traditional holdings such as residential property or blue chip shares, a small portion of SMSF investors are looking for something a little more high-risk. Adrian Przelozny, CEO at crypto exchange Independent Reserve, told Business Insider there’s been “significant activity in the space” from SMSFs. He said the number of SMSF customers who are registered with the exchange now number “around six or seven thousand“. That’s still a relatively small percentage of the more than 590,000 SMSFs in Australia, which hold combined assets of almost $700 billion. But it’s a […]
AUSTRAC registers two more cryptocurrency exchanges
Two more Australian cryptocurrency exchanges have been registered by AUSTRAC under rules that came into effect earlier this month. NCX and ACX.io join Independent Reserve and CoinSpot in complying with the same anti money laundering and counter-terrorism financing (AML-CTF) rules that apply to other finance sector participants such as banks. Perth-based National Currency eXchange (NCX) said in a statement that it “confirms its compliance program will keep it in alignment with its AML-CTF obligations”. “The completion of this registration allows NCX to continue to provide trading services in popular cryptocurrencies, such as Bitcoin, Ethereum, Litecoin and Bitcoin Cash, with further cryptocurrencies and upcoming ICOs to be added to the exchange […]