Australia

Australian Exchange CoinJar Unveils Crypto Mastercard in Country First
The company said its CoinJar Card marked an Australian first in denominating in local dollars, beating a competitor to market.

Australian Lending Startup Loda Gets $15M to Further Crypto Collateralization Efforts
Loda is among the first of its kind in the country that allows users to borrow Australian dollars against crypto, its CEO said.

Blockchain Australia Recommends Safe Harbor Provision for Crypto Providers
The industry body is calling for a "coordinated and graduated approach" to the regulation of digital assets throughout the country.

Australia's Zip to Launch Crypto Services in a Year: Report
Zip is targeting customers of its soon to be biggest markets in the U.S. and Australia, marking a big step for such services offering crypto.

Australia's Mawson Infrastructure Increases Count of Bitcoin Mining Machines in US Operation
Gross margins are expected to be more than 80% based on the current bitcoin price and its network difficulty.

ASX's Blockchain Upgrade Costing Members 'Millions,' Says Industry Body
“The investment required to operate in global markets is getting more and more intense,” said association CEO Judith Fox.

Australian Lawyers Propose Creation of a DAO Legal Entity: Report
Such a move give legal standing to blockchain-based organizations, enabling DAOs to contract with other legal persons.

Australia Faces Big Choices on Crypto Regulation
From sandboxes to the definition of money, Australia has to decide whether to support innovation or tamp it down, Finder's co-founder says.

Visa Approves Australian Startup to Issue Debit Cards for Spending Bitcoin
The move by Visa to allow the issuance captures the growing interest in cryptocurrencies for Australia's economic market.

Australian Government Grants $4.1M to 2 Blockchain Pilot Projects
Funding of AU$5.6 million has gone to blockchain provenance startup Everledger and tech consultancy Convergence.Tech.

