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#Crypto #Bitcoin #BTC
#Australian Securities Exchange (ASX), has approved the listing of the country's first Bitcoin exchange-traded fund (ETF).
This ETF, called VanEck Bitcoin ETF (VBTC), is issued by the well-known asset management firm VanEck.
Since the beginning of this year, the United States of America has opened the door to a new era in the world of cryptocurrencies (Bitcoin trading funds)..
After Bitcoin trading funds got the green light, it became self-evident that many countries would follow US policies in this regard.
Today, Australia approves a Bitcoin trading fund, joining other countries such as the United States and Hong Kong.
With the passage of time, we will see success in establishing trading funds for other #cryptocurrencies , and we will see other new countries that will join the list of countries that have allowed the establishment of trading funds for Bitcoin and other cryptocurrencies.
Crypto Market 🚀
#Australian Securities Exchange (ASX), has approved the listing of the country's first Bitcoin exchange-traded fund (ETF).
This ETF, called VanEck Bitcoin ETF (VBTC), is issued by the well-known asset management firm VanEck.
Since the beginning of this year, the United States of America has opened the door to a new era in the world of cryptocurrencies (Bitcoin trading funds)..
After Bitcoin trading funds got the green light, it became self-evident that many countries would follow US policies in this regard.
Today, Australia approves a Bitcoin trading fund, joining other countries such as the United States and Hong Kong.
With the passage of time, we will see success in establishing trading funds for other #cryptocurrencies , and we will see other new countries that will join the list of countries that have allowed the establishment of trading funds for Bitcoin and other cryptocurrencies.
Crypto Market 🚀
Foreign media: #Australian encryption legislation could be delayed until 2024 and beyond.
#crypto2023 #cryptocurrency #BTC #dyor
#crypto2023 #cryptocurrency #BTC #dyor
📢#Australian bank NAB has created an Australian dollar-backed stablecoin, AUDN.
Source: #Yahoo
#crypto2023 #Stablecoins
Source: #Yahoo
#crypto2023 #Stablecoins
📊 Despite claiming to be risk-averse, 31% of young #Australian investors (18-24) have #invested in #cryptocurrencies.
🚀Younger generation seeks #financial independence and tech-savvy opportunities.
🚀Younger generation seeks #financial independence and tech-savvy opportunities.
Australian Scam Funds Sent to Crypto Exchanges
#Crypto news update :
The #Australian Financial Crimes Exchange ( #AFCX ) has found that 47% of Australian scam funds are sent to cryptocurrency exchanges accounts, including several leading Australian banks. This is a significant increase from the previous year, when only 30% of scam funds were sent to crypto exchanges.
The AFCX attributes the increase in crypto-related scams to the growing popularity of cryptocurrency and the ease with which it can be used to transfer money anonymously. Scammers are also taking advantage of the fact that cryptocurrency transactions are often difficult to track and recover.
The AFCX is urging Australians to be aware of the risks of cryptocurrency scams and to take steps to protect themselves. This includes being careful about who you provide your personal information to, and only using reputable cryptocurrency exchanges.
Binance is committed to fighting cryptocurrency scams and protecting our users. We have a number of measures in place to prevent scams, including:
Strict KYC and AML procedures
A team of experienced fraud analysts
A dedicated scam reporting portal
We encourage our users to be vigilant and to report any suspicious activity to us. Together, we can help to make cryptocurrency a safer place for everyone.
#googleai #Worldcoin
$BTC $SOL $XRP
The #Australian Financial Crimes Exchange ( #AFCX ) has found that 47% of Australian scam funds are sent to cryptocurrency exchanges accounts, including several leading Australian banks. This is a significant increase from the previous year, when only 30% of scam funds were sent to crypto exchanges.
The AFCX attributes the increase in crypto-related scams to the growing popularity of cryptocurrency and the ease with which it can be used to transfer money anonymously. Scammers are also taking advantage of the fact that cryptocurrency transactions are often difficult to track and recover.
The AFCX is urging Australians to be aware of the risks of cryptocurrency scams and to take steps to protect themselves. This includes being careful about who you provide your personal information to, and only using reputable cryptocurrency exchanges.
Binance is committed to fighting cryptocurrency scams and protecting our users. We have a number of measures in place to prevent scams, including:
Strict KYC and AML procedures
A team of experienced fraud analysts
A dedicated scam reporting portal
We encourage our users to be vigilant and to report any suspicious activity to us. Together, we can help to make cryptocurrency a safer place for everyone.
#googleai #Worldcoin
$BTC $SOL $XRP
#Australian cryptocurrency exchanges are intensifying their communication efforts with users as a proactive measure to combat scams. Leading crypto firms like Cointree, CoinSpot, and Swyftx have emphasized the significance of communication in preventing scams and building trust. The executives discussed various strategies employed by platforms to safeguard users from fraud, including Anti-Money Laundering (AML) checks, investigations, education, and open communication.
CoinSpot's AML officer, Jedda Stocks-Ramsay, highlighted the effectiveness of discussing scams with customers and addressing the social engineering aspect of scams. He emphasized that educating users about trust-related issues with scammers is crucial in preventing such incidents. Swyftx executive Jason Titman echoed the importance of education, noting that inadequate knowledge often makes consumers susceptible to disclosing personal information to scammers.
The panel also emphasized the need for broader education beyond the cryptocurrency industry, as scams involve various sectors like social media, banks, and telecoms. Cointree CEO Jess Renden emphasized that cryptocurrency scams shouldn't solely be attributed to the crypto #industry and that firms are collaborating with regulators and other industries to address the issue.
The efforts to combat scams through #communication align with recent data showing a rise in #crypto-related #scams in Australia. The increased communication aims to break the trust scammers build with victims and educate users to recognize and prevent such fraudulent activities.
CoinSpot's AML officer, Jedda Stocks-Ramsay, highlighted the effectiveness of discussing scams with customers and addressing the social engineering aspect of scams. He emphasized that educating users about trust-related issues with scammers is crucial in preventing such incidents. Swyftx executive Jason Titman echoed the importance of education, noting that inadequate knowledge often makes consumers susceptible to disclosing personal information to scammers.
The panel also emphasized the need for broader education beyond the cryptocurrency industry, as scams involve various sectors like social media, banks, and telecoms. Cointree CEO Jess Renden emphasized that cryptocurrency scams shouldn't solely be attributed to the crypto #industry and that firms are collaborating with regulators and other industries to address the issue.
The efforts to combat scams through #communication align with recent data showing a rise in #crypto-related #scams in Australia. The increased communication aims to break the trust scammers build with victims and educate users to recognize and prevent such fraudulent activities.
Australian ‘Big 4’ bank begins trial for cryptocurrency payment blocks
One of Australia’s Big Four banks announced efforts to combat crypto fraud activities aimed at reducing losses from scams.
#Ufin #Australian #LucidHoang #crypto2023 #Binance
One of Australia’s Big Four banks announced efforts to combat crypto fraud activities aimed at reducing losses from scams.
#Ufin #Australian #LucidHoang #crypto2023 #Binance
According to a recent study, a third of all young Australian #investors already own or have traded #cryptocurrencies, while believing themselves to be more "risk averse" than their older counterparts.
In a study of #Australian investors conducted by the Australian Securities Exchange ( #ASX ), 46% of "next generation investors"—those between the ages of 18 and 24—described themselves as desiring "stable returns"—but 31% of them had significant cryptocurrency investments.
In a study of #Australian investors conducted by the Australian Securities Exchange ( #ASX ), 46% of "next generation investors"—those between the ages of 18 and 24—described themselves as desiring "stable returns"—but 31% of them had significant cryptocurrency investments.
I dont know why i cant get any rewards so far. it shows my location does not allow it. Any active offer ? #BTC #Launchpool #Australia #Australian
15% of Australian Investors Embrace Crypto, ASX Study Finds
The recently released Australian Investor Study 2023 report by the Australian Securities Exchange (ASX) has shed light on the growing adoption of cryptocurrencies among investors in the country. The study reveals that a significant 15% of investors in Australia currently hold digital assets.
This finding highlights the increasing interest and acceptance of #cryptocurrencies as a viable investment option. As the crypto market continues to gain mainstream attention and recognition, more investors are diversifying their portfolios by including digital assets.
The ASX report further delves into the motivations behind investors' decision to embrace cryptocurrencies. It indicates that factors such as potential high returns, the decentralized nature of cryptocurrencies, and the growing belief in their long-term value proposition are driving the adoption.
With the rise of various cryptocurrencies, investors are presented with a range of options to choose from. Bitcoin remains the most well-known and widely held cryptocurrency, but other digital assets such as Ethereum, Ripple, and Litecoin are also gaining traction among #Australian investors.
While the study reveals a significant percentage of #investors holding cryptocurrencies, it also highlights the need for regulatory clarity and investor education in this rapidly evolving market. The ASX and other regulatory bodies are actively working to establish frameworks that ensure investor protection and promote market integrity.
As the crypto landscape continues to evolve, it is crucial for investors to exercise caution and conduct thorough research before entering the market. Understanding the risks and complexities associated with cryptocurrencies is essential to make informed investment decisions.
The ASX's Australian Investor Study 2023 report provides valuable insights into the changing investment landscape in Australia. It serves as a reminder that cryptocurrencies have become an integral part of the investment ecosystem, offering new opportunities and challenges for investors.
To stay updated on the latest developments in the cryptocurrency space and receive expert insights, follow Cryptogeeks.
This finding highlights the increasing interest and acceptance of #cryptocurrencies as a viable investment option. As the crypto market continues to gain mainstream attention and recognition, more investors are diversifying their portfolios by including digital assets.
The ASX report further delves into the motivations behind investors' decision to embrace cryptocurrencies. It indicates that factors such as potential high returns, the decentralized nature of cryptocurrencies, and the growing belief in their long-term value proposition are driving the adoption.
With the rise of various cryptocurrencies, investors are presented with a range of options to choose from. Bitcoin remains the most well-known and widely held cryptocurrency, but other digital assets such as Ethereum, Ripple, and Litecoin are also gaining traction among #Australian investors.
While the study reveals a significant percentage of #investors holding cryptocurrencies, it also highlights the need for regulatory clarity and investor education in this rapidly evolving market. The ASX and other regulatory bodies are actively working to establish frameworks that ensure investor protection and promote market integrity.
As the crypto landscape continues to evolve, it is crucial for investors to exercise caution and conduct thorough research before entering the market. Understanding the risks and complexities associated with cryptocurrencies is essential to make informed investment decisions.
The ASX's Australian Investor Study 2023 report provides valuable insights into the changing investment landscape in Australia. It serves as a reminder that cryptocurrencies have become an integral part of the investment ecosystem, offering new opportunities and challenges for investors.
To stay updated on the latest developments in the cryptocurrency space and receive expert insights, follow Cryptogeeks.
‘#Barbie’ star Margot Robbie says you’re a Ken if you talk #Bitcoin.
Acclaimed actress Margot Robbie has shared an interesting anecdote about her husband’s affinity for Bitcoin ($BTC ), coining a term that is gaining interest in the crypto world.
The #Australian actress, known for her roles in several blockbuster movies, including Barbie, revealed that she playfully refers to her husband’s interest in cryptocurrency as “Big Ken Energy.”
Speaking during an interview with Fandango on June 21, the actress revealed that her husband, Tom Ackerley, who is also the co-producer of the film Barbie, discussed Bitcoin with the other producer, David Heyman.
Acclaimed actress Margot Robbie has shared an interesting anecdote about her husband’s affinity for Bitcoin ($BTC ), coining a term that is gaining interest in the crypto world.
The #Australian actress, known for her roles in several blockbuster movies, including Barbie, revealed that she playfully refers to her husband’s interest in cryptocurrency as “Big Ken Energy.”
Speaking during an interview with Fandango on June 21, the actress revealed that her husband, Tom Ackerley, who is also the co-producer of the film Barbie, discussed Bitcoin with the other producer, David Heyman.
