Tag: Australia

australia exchange
August 09, 2018 BY Mariela Naydenova

Australia with the first cryptocurrency bank

Banks and financial institutions are all over the place with cryptocurrencies: they "love" them, they "hate" them. And while blockchain is sweeping the floor with new applications in hundreds of industries and companies, the future of cryptocurrencies is yet unclear. One surprising rumour right now is that the first cryptocurrency bank is going to open…

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July 23, 2018 BY Mariela Naydenova

“Burning” your tokens if your ICO doesn’t go well

ICOs are said to surpass the volume of IPOs in the future. Initial coin offerings are literally booming around the world, where even Youtube uploads education videos on how to create your own ICO. Many companies try to raise money by issuing tokens in several rounds and fund their business. What happens, however, when your…

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October 16, 2017 BY Mariela Naydenova

Australia up for Bitcoin regulation

Bitcoin has become a global phenomenon, presenting opportunities and threats along the way all around the world. Regulators, CEOs, central banks and cryptocurrency startups are on the lookout for the next big news on bitcoin. Australia is the next "player" to impose bitcoin regulation, following a scandal with its biggest bank - Commonwealth Bank of…

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July 05, 2016 BY Valentina Kirilova

FlexTrade expands Australia presence with new Sydney rep office

FlexTrade Systems, the industry pioneer in broker-neutral algorithmic trading platforms for equities, foreign exchange and listed derivatives, has announced that it has opened a representative office in Sydney, Australia. FlexTrade has been building its presence in the APAC region with senior sales hires. With the proposed increases in superannuation contributions there will be an increase in…

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June 09, 2016 BY Mike Fox

Australia issues warning regarding binary option brands

The Australian  Securities & Investments Commission (ASIC) today warned the public about the conduct of the following binary option websites. It is best to avoid doing any business with these websites if contacted as they are not properly regulated and especially to Australia they are not licensed to provide any service whatsoever to customers down…

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October 20, 2015 BY Maria Nikolova

Australia introduces improved protections for client monies held at brokers

The Australian government has published its response to the Financial System Inquiry, outlining steps to bolster protection for client funds held at brokers. The report says that: The Government will develop legislative amendments to improve protections for client monies held in relation to derivatives. These improvements are needed to ensure that investors’ monies are adequately…

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