Facebook’s Libra Coin launch is giving jitters to Australian Banks who see the emergence of the Libra as a potential threat to the banking model.
The fund is currently available for wholesale investors who have obtained an accountant’s certification that they have net assets of at least AUD$2.5 million or a gross income of AUD$250,000 for each of the last two years.
Thanks to Bitcoin startup CoinJar’s Hedged Accounts, digital currency users won’t have to worry about the unstable Bitcoin price.
MasterCard filed a submission to a Senate inquiry into digital currencies, arguing that Australian regulators should strengthen control over the cryptocurrency.
CoinJar is moving its headquarters to the UK to take advantage of a more favourable regulatory regime.
Australian company CoinJar launched new bitcoin credit card service, enabling users to spend cryptocurrency in retail stores.
Australia-based bitcoin wallet CoinJar reported that its iOS app can now be accessed by iPhone users in the UK and Australia, following the Apple Inc’s update to its App Store guidelines launched on June 2nd, 2014.
Australian fast food shop Hero Subs became the first restaurant that began accepting bitcoin in Melbourne.