ICO

Sep
12

Australian financial regulator to focus on ICOs and cryptocurrency exchanges

In its 2018-22 corporate plan report, the Australian Securities & Investments Commission (ASIC) revealed it would be focusing on cryptocurrencies with an emphasis on ICOs and exchanges. The Australian Securities and Investments Commission (ASIC) published a report this week that details its plans to tightly scrutinize the crypto industry in the country. The areas of […]

By Reposted by Australian FinTech | Currency . FinTech . Investing
DETAIL
Sep
04

Cryptocurrency behind Great Keppel Island’s $300 million resurrection

There was a time when Great Keppel Island was sold as the ideal place to go and “get wrecked”, a party island at the gateway to the Great Barrier Reef. It then faded into disrepair and then into memory. Now an ambitious cryptocurrency consortium plans to resurrect it as a high-tech wonderland including a luxury […]

By Reposted by Australian FinTech | Currency . FinTech . Investing
DETAIL
Aug
28

Cryptocurrency regulation in Australia: Pains and Gains

We start this analysis with an unusual positive: cryptocurrency regulation in Australia is moving in the right direction, and the latest legislative developments regarding cryptocurrencies should be welcomed by the general public as a step in the right direction. Offering protection to crypto consumers and investors, and providing legal certainty to blockchain-related businesses – without […]

By Reposted by Australian FinTech | Bitcoin . FinTech
DETAIL
Jul
30

New TV show set to open Blockchain to the world

A new weekly business TV show is set to showcase Blockchain companies, cryptoassets and ICOs to a global audience. Coincast TV, created by ICO advisor DigitalX and respected crypto business news platform Multiplier Crypto, will be broadcast on Sky News Business, and syndicated across Apple TV, the Wall St Journal and related social platforms, reaching […]

By Reposted by Australian FinTech | Blockchain . FinTech
DETAIL
Jul
27

Aussie fintech Coinnup is making a $US32 million pitch

Perth-based fintech Coinnup has launched the second round of its cryptocurrency token sale on a quest to raise $US32 million from “PMZ” tokens. Coinnup started with the aim of developing a range of crypto tools, including a listing platform for Initial Coin Offerings (ICO) and a cryptocurrency exchange. An ICO is like an initial public offering […]

By Reposted by Australian FinTech | Currency . FinTech . Investing
DETAIL
May
28

Australia toughens stance against misleading ICOs

The rapid, perhaps unprecedented rise of cryptocurrencies and financial blockchain innovations continue to be a divisive subject for policy makers in the financial sectors of countries all over the world. Central banks and financial regulators are scrambling to adapt to the new realities this decentralized and sophisticated new interpretation of currency as a medium of […]

By Reposted by Australian FinTech | Currency . FinTech . Investing
DETAIL
May
15

Labor warns ASIC cuts threaten Australian fintech sector

Spokesman for the Digital Economy, Ed Husic, has slammed the Coalition’s budget cuts to the Australian Securities and Investments Commission, saying it would hamper the regulator’s ability to keep on top of technology-led disruption occurring in the financial services sector. Mr Husic told The Australian Financial Review it would also likely slowdown the process of […]

By Reposted by Australian FinTech | FinTech
DETAIL
May
03

Cryptocurrency exchange Nauticus raises $16.8 million through ongoing ICO for multi-tiered ambitious project

An Aussie startup has raised more than $16 million dollars to build one of the world’s most multi-functional cryptocurrency exchanges and payment platforms entirely out of Melbourne. Nauticus is a blockchain and cryptocurrency startup founded just 12 months ago by long time friends Bryan Ng and Jonathan Chang, and has been “public facing” for just […]

By Reposted by Australian FinTech | Blockchain . Currency . FinTech . Investing
DETAIL