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Australia
UAE Becoming Crypto Hub; India’s Tax Bogeyman
Australia’s BTC Markets partners with Mastercard for payment options. Crypto.com, Bybit book tickets to Dubai to set up bases. India’s crypto taxes scaring away younger investors. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Bitcoin Miner Iris Energy Gets $71M Equipment Financing From NYDIG
The financing is backed by 19,800 Bitmain S19j Pro miners that have hashrate of about 1.98 exahash per second.
Fusang Defers IPO; Yuga Labs Hits $4B Valuation
Malaysia’s Fusang defers security token IPO. Support for home-grown NFTs grows in China. Australian Blockchain Week dives into intellectual property rights. BAYC creator Yuga Labs raises valuation to $4B. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Cross-Border CBDC Payments Are 'Viable,' Says Report From Central Banks of Australia, Malaysia, Singapore and South Africa
The four central banks are working on a project that will develop and test shared platforms for international settlements with multiple CBDCs.
Mawson's Q4 Revenue Rises 79% From Q3
The bitcoin miner boosts its hashrate estimate for next year by 10%.
FTX Continues Global Expansion, Creates Unit in Australia
FTX Australia will offer exchange and over-the-counter (OTC) products and services, including derivatives.
Facebook Owner Meta Sued by Australian Consumer Watchdog for Scam Crypto Ads
The Australian Competition and Consumer Commission says Facebook and Instagram linked fake media articles linking crypto deals to unknowing celebrities.
NFT Platform Immutable Raises $200M at $2.5B Valuation
Singapore state investment giant Temasek led the round of funding, which will be used for global expansion.
Ukraine’s Crypto Demand Soars; Russian Sanctions Tighten
Putin’s attack triples Ukrainian crypto exchange trading volume. No sign yet of Russia using crypto to evade sanctions. South Korean businesses scramble to meet FATF travel rule. Why Australia’s desert might not be the ideal location for crypto mining.
