Arkon Energy raises $28M to expand Bitcoin mining capabilities
Arkon Energy, uses renewable electricity to mine bitcoin, raised $28 million, led by quantitative investment manager, Blue Sky. The volatile environment of the cryptocurrency sector is not completely deterring builders from entering the market. An Australian company called Arkon Energy that builds renewable data centers recently raised money to expand its bitcoin mining operations and […]
Australian regulator stops three crypto funds due to non-compliance
Due to “non-compliant” target market decisions, three crypto funds have received temporary stop orders from Australia’s market regulator. Due to non-compliant target market determinations, Australia’s primary financial market regulator has issued temporary stop orders on three crypto funds that were going to be made available to retail investors (TMDs). The Australian Securities and Investments Commission […]
Digital Asset Set To Be Explored By Australian Research
Stephen Jones, who is the Assistant Treasurer and Minister for Financial Services, started the digital asset program at the Australian Securities Exchange on Monday. Twenty-five of Australia’s most important institutions has joined forces to start a research program that will take advantage of the opportunities that come with the digital asset. The Digital Finance Cooperative […]
Binance Australia ESG update
Binance Australia, the world’s first digital currency exchange to commence reporting on Environmental, Social, and Governance (ESG) metrics under a universal framework developed by the World Economic Forum (WEF), provides an update on its progress and initiatives from the first quarter. Binance Australia is a fully compliant and progressive Australian fintech brand that empowers customers and corporate […]
Australia’s first crypto ETFs postponed just before the launch date
Australia’s first crypto ETFs was postponed just one day before their scheduled launch on April 27, according to local media reports. The most recent delay appears to be due to a third-party brokerage that needs additional time to support ETFs trading. The products are being issued by fund managers Cosmos Asset Management and ETF Securities. […]