The Commonwealth of Australia is the sixth largest country in the world and is the only one that occupies a whole continent. It also includes several islands. The state has a strong economy and its GDP per capita is bigger than that of Great Britain, Germany, etc. The growing popularity of Bitcoin hasn’t gone unnoticed in the country. In Australia, cryptocurrency is almost a legal form of payment, as the government is making efforts to give Bitcoin the status of either a national or foreign currency. In July 2017, the government cancelled a double tax for transactions with Bitcoin in Australia to provide a better cryptocurrency environment. In Australia, cryptocurrency exchange is possible with plenty of ATMs and online platforms.
Crypto asset investing has become more popular with Aussie boomers, according to the country’s largest exchange.
There’s a Bitcoin boom among Baby Boomers, reports BTC Markets
Aussie "buy now, pay later" fintech found that BNPL users are 67% more likely to trade crypto than non-users.
Zip eyes millennials with planned launch of crypto trading in the US next year
Samson Mow, Charlie Lee, Wei Zhou and Kain Warwick were the main contributors to the Monochrome private sale, which concluded last week.
Digital asset manager Monochrome valued at $15M following Series A
Afterpay spoke as part of the Senate inquiry into “Australia as a Technology and Financial Center” and Lee Hatton said there would be enough consumer demand to ...
Afterpay ‘absolutely’ keen to explore crypto services after regulations clarified
Speaking on a panel as part of the Senate inquiry into “Australia as a Technology and Financial Centre,” three crypto firms outlined their de-banking experience...
Australian crypto businesses tell Senate inquiry about being de-banked up to 91 times
Afterpay told the Australian Senate that using crypto could cut payments costs for merchants and that the government should work to create a framework for an AU...
Afterpay tells Senate inquiry crypto could slash merchant payment costs
Fintech companies see an opportunity in the negligence and reluctance of traditional banks toward the cryptocurrency ecosystem.
BTC Markets taps licensed neobank Volt for integrated banking features