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Showing posts with the label australia

WhiteBIT launches its crypto exchange in Australia

WhiteBIT, Europe’s largest cryptocurrency exchange by traffic, is now available in Australia, as per the reports shared with Finbold on Wednesday, March 26. The geographical expansion is an important step in WhiteBIT’s ongoing efforts to expand its presence in the international crypto market. As of now, WhiteBIT has over 8 million registered users and offices in seven countries. Picks for you Ripple’s Legal Chief drops bombshell ‘Final’ update on SEC case 36 mins ago XRP ‘is the biggest financial scam,’ blasts crypto researcher 18 hours ago 4 whistleblowers rewarded in Binance insider trading investigation 18 h...

Blame game rages over ASX’s failed CHESS system blockchain upgrade

Digital Asset blames the ASX for not providing it with crucial information while the ASX says these claims are misleading. Digital Asset — the New York firm responsible for Australian Securities Exchange’s now-abandoned blockchain -based clearing system — has blamed the securities exchange for dropping its blockchain plans. Meanwhile, representatives of the ASX have clapped back in statements to Cointelegraph, calling the claims misleading. For the last seven years, the ASX was poised to be the world’s first securities exchange to adopt blockchain technology, which would be in partnership with the New York-based firm. However, in a u-turn, ASX announced on May 17 that it would be abandoning the upgrade and likely look at more conventional tech. According to a recent report from The Australian, Eric Saraniecki, the co-founder of Digital Asset told the attendees of a June 8 parliamentary joint committee on corporations and finance that there were two main reasons why the blockchain...

Australia overtakes El Salvador to become 4th largest crypto ATM hub

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El Salvador’s position as the fourth-largest crypto ATM hub was short-lived as Australia stepped up its game over the following months. El Salvador, the first country to legalize Bitcoin (BTC), has been pushed down yet another spot in total crypto ATM installations as Australia records 216 ATMs stepping into the year 2023. As part of El Salvador’s drive to establish Bitcoin as a legal tender, President Nayib Bukele had decided to install over 200 crypto ATMs across the country. While this move made El Salvador the third largest crypto ATM hub at the time after the United States and Canada in September 2021, Spain and Australia overtook the Central American country’s ATM count in 2022. On October 2022, Cointelegraph reported that Spain became the third-largest crypto ATM hub after installing 215 crypto ATMs. However, Spain continued its installation drive and is home to 226 crypto ATMs at the time of writing. El Salvador’s position as the fourth-largest crypto ATM hub was short-live...