AustraliaCrypto
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🔥 Australia Steps Up Crypto Regulation! 🌏
Australia is making significant strides in the crypto space! The Australian Treasury has unveiled plans to regulate crypto exchanges under an existing financial services licensing regime. This move aims to address consumer concerns while fostering innovation in the digital asset sector. The focus? Regulating exchanges and service providers, not individual tokens. The crypto community has largely welcomed this proposal, though some caution about fitting crypto within traditional finance frameworks. 🇦🇺🚀 #AustraliaCrypto #CryptoRegulation #DigitalAssets #CryptoExchange #CryptoInnovation
Australia is making significant strides in the crypto space! The Australian Treasury has unveiled plans to regulate crypto exchanges under an existing financial services licensing regime. This move aims to address consumer concerns while fostering innovation in the digital asset sector. The focus? Regulating exchanges and service providers, not individual tokens. The crypto community has largely welcomed this proposal, though some caution about fitting crypto within traditional finance frameworks. 🇦🇺🚀 #AustraliaCrypto #CryptoRegulation #DigitalAssets #CryptoExchange #CryptoInnovation
🇦🇺 Bitcoin ATMs in Australia 💰
- *Number of Bitcoin ATMs*: Australia has recently surpassed 1,000 active crypto-fiat machines.🚀
- *Ranking*: Australia ranks third globally in terms of the number of active crypto ATMs, following the United States and Canada. Australia 🇦🇺 🇺🇸 🍁
- *Percentage of global Bitcoin ATMs*:
Australia currently owns around 2.7% of the world’s Bitcoin ATMs. ⬆️
- *Increase in Popularity*: Crypto ATMs have grown in popularity in Australia in recent years.
- *First to reach 1,000 crypto ATMs*:
The U.S. was the first to reach 1,000 crypto ATMs in November 2017, followed by Canada in January 2021.
Kindly share yours ATM experience.? Do you ever use Bitcoin ATM..?
#ScamRiskWarning #Megadrop #BinanceLaunchpool $BTC $BTC $BTC #Australia #AustraliaCrypto
- *Number of Bitcoin ATMs*: Australia has recently surpassed 1,000 active crypto-fiat machines.🚀
- *Ranking*: Australia ranks third globally in terms of the number of active crypto ATMs, following the United States and Canada. Australia 🇦🇺 🇺🇸 🍁
- *Percentage of global Bitcoin ATMs*:
Australia currently owns around 2.7% of the world’s Bitcoin ATMs. ⬆️
- *Increase in Popularity*: Crypto ATMs have grown in popularity in Australia in recent years.
- *First to reach 1,000 crypto ATMs*:
The U.S. was the first to reach 1,000 crypto ATMs in November 2017, followed by Canada in January 2021.
Kindly share yours ATM experience.? Do you ever use Bitcoin ATM..?
#ScamRiskWarning #Megadrop #BinanceLaunchpool $BTC $BTC $BTC #Australia #AustraliaCrypto
$BTC
Alright, buddy, let's break it down. So, back in 2017, this cool wolf dude buys 1 BTC, right? Then, being all friendly, he sends it to Red Riding Hood's ledger wallet. Fast forward some years, poor Red Riding Hood runs into some money trouble and decides to sell that BTC on an exchange. Now, here's the thing: in some places, like Australia, if you make money from selling assets, like Bitcoin, you might need to pay taxes on the profit you make, called capital gains tax. So, even though Red Riding Hood got the coin from the wolf and sold it, the taxman might still come knocking for a share of those profits. It's kinda like if you sell your old toys for more than you paid for them, the taxman might want a piece of that extra cash. 🐺💰📉💼
#BitcoinHalvingMassiveEvent #AustraliaCrypto #CryptoApril
Alright, buddy, let's break it down. So, back in 2017, this cool wolf dude buys 1 BTC, right? Then, being all friendly, he sends it to Red Riding Hood's ledger wallet. Fast forward some years, poor Red Riding Hood runs into some money trouble and decides to sell that BTC on an exchange. Now, here's the thing: in some places, like Australia, if you make money from selling assets, like Bitcoin, you might need to pay taxes on the profit you make, called capital gains tax. So, even though Red Riding Hood got the coin from the wolf and sold it, the taxman might still come knocking for a share of those profits. It's kinda like if you sell your old toys for more than you paid for them, the taxman might want a piece of that extra cash. 🐺💰📉💼
#BitcoinHalvingMassiveEvent #AustraliaCrypto #CryptoApril
Australia Crypto
Welcome to Australia Crypto – the new premier Facebook group where Australians gather to explore the dynamic world of cryptocurrencies. Whether you're a seasoned investor, a blockchain enthusiast, or just curious about the crypto space, our community is the perfect place for you to connect, share, and learn.
Australia Crypto is more than just a group; it's a thriving platform that allows members from across the country to find out the latest news, insights, and trends in the cryptocurrency market. Here, you can engage in lively discussions, seek advice, and exchange thoughts and ideas on everything related to crypto.
Key Features of Australia Crypto:
- Community Support: Join a supportive network of Australian crypto enthusiasts. Whether you're seeking guidance on starting your crypto journey or looking to share your expertise with newcomers, our group fosters a collaborative environment for all.
- Market Insights: Stay ahead of the curve with real-time updates and analyses shared by knowledgeable members. From Bitcoin to altcoins and everything in between, you'll find valuable information to help you make informed decisions.
- Idea Exchange: Our group encourages open and respectful discussions about the potential and challenges of cryptocurrencies. Share your thoughts, predictions, and experiences, and engage with others' perspectives to broaden your understanding of the crypto space.
- Networking Opportunities: Connect with like-minded individuals who share your passion for crypto. Australia Crypto is an excellent place for networking, finding collaborators, or simply making friends within the crypto community.
Australia Crypto is dedicated to creating an inclusive and informative space for Australians interested in cryptocurrencies. Whether you're here to learn, share, or connect, you'll find a welcoming community eager to help you navigate the exciting world of crypto.
Join us today and be part of Australia's vibrant and growing cryptocurrency conversation. Together, we'll explore the limitless possibilities that crypto has to offer!
https://web.facebook.com/groups/444064541577129
#Crypto #AustraliaCrypto
Australia Crypto is more than just a group; it's a thriving platform that allows members from across the country to find out the latest news, insights, and trends in the cryptocurrency market. Here, you can engage in lively discussions, seek advice, and exchange thoughts and ideas on everything related to crypto.
Key Features of Australia Crypto:
- Community Support: Join a supportive network of Australian crypto enthusiasts. Whether you're seeking guidance on starting your crypto journey or looking to share your expertise with newcomers, our group fosters a collaborative environment for all.
- Market Insights: Stay ahead of the curve with real-time updates and analyses shared by knowledgeable members. From Bitcoin to altcoins and everything in between, you'll find valuable information to help you make informed decisions.
- Idea Exchange: Our group encourages open and respectful discussions about the potential and challenges of cryptocurrencies. Share your thoughts, predictions, and experiences, and engage with others' perspectives to broaden your understanding of the crypto space.
- Networking Opportunities: Connect with like-minded individuals who share your passion for crypto. Australia Crypto is an excellent place for networking, finding collaborators, or simply making friends within the crypto community.
Australia Crypto is dedicated to creating an inclusive and informative space for Australians interested in cryptocurrencies. Whether you're here to learn, share, or connect, you'll find a welcoming community eager to help you navigate the exciting world of crypto.
Join us today and be part of Australia's vibrant and growing cryptocurrency conversation. Together, we'll explore the limitless possibilities that crypto has to offer!
https://web.facebook.com/groups/444064541577129
#Crypto #AustraliaCrypto
📈 Australia's major stock exchange, ASX, is poised to approve several spot Bitcoin exchange-traded funds (ETFs) by the end of 2024.
🔍 VanEck Australia and BetaShares are among the fund issuers expecting approval, following similar moves in the US and Hong Kong. The surge in applications mirrors the success of US-based ETFs, which have amassed $53 billion in assets under management. 💼
📊 BetaShares’ head of digital, Justin Arzadon, sees the inflows into US ETFs as a catalyst for launching similar products in Australia, highlighting the enduring presence of digital assets. 💰
💡 Monochrome's CEO, Jeff Yew, anticipates Australian Bitcoin ETFs drawing in $3 billion to $4 billion in net inflows within three years, driven by demand from fund managers, SMSF investors, and retail investors.
🛡️ Yew emphasizes the regulatory oversight and safety afforded by Bitcoin ETFs compared to direct crypto exchange exposure, which he views as risky. Monochrome initially sought ASX approval for a Bitcoin ETF but shifted to Cboe Australia due to a more pragmatic timeline and transparent listing framework.
👍 Despite challenges with the ASX, Yew remains optimistic about Cboe Australia approving Monochrome’s application in the coming weeks. 📅
#AustraliaCrypto #SpotETF #ETF✅
🔍 VanEck Australia and BetaShares are among the fund issuers expecting approval, following similar moves in the US and Hong Kong. The surge in applications mirrors the success of US-based ETFs, which have amassed $53 billion in assets under management. 💼
📊 BetaShares’ head of digital, Justin Arzadon, sees the inflows into US ETFs as a catalyst for launching similar products in Australia, highlighting the enduring presence of digital assets. 💰
💡 Monochrome's CEO, Jeff Yew, anticipates Australian Bitcoin ETFs drawing in $3 billion to $4 billion in net inflows within three years, driven by demand from fund managers, SMSF investors, and retail investors.
🛡️ Yew emphasizes the regulatory oversight and safety afforded by Bitcoin ETFs compared to direct crypto exchange exposure, which he views as risky. Monochrome initially sought ASX approval for a Bitcoin ETF but shifted to Cboe Australia due to a more pragmatic timeline and transparent listing framework.
👍 Despite challenges with the ASX, Yew remains optimistic about Cboe Australia approving Monochrome’s application in the coming weeks. 📅
#AustraliaCrypto #SpotETF #ETF✅
