Bitcoin ATM network company ByteFederal Australia has officially launched in Australia, according to a press release shared with Bitcoin Magazine.  "The launch of ByteFederal Australia marks an exciting milestone in our mission to democratize access to the digital asset ecosystem," said Alek Trpkoski, Managing Director of ByteFederal Australia. "We are dedicated to providing our customers with a seamless, secure, and user-friendly experience as they navigate the dynamic world of cryptocurrencies and blockchain technologies." Entering into the Australian market, ByteFederal state ..read more

A partnership between Crypto.com, tech firm DataMesh and gas chain OTR is enabling customers to use bitcoin as payment in hundreds of stores in Australia. Australian consumers can now use bitcoin for everyday purchases at over 175 OTR locations and 250 Peregrine Corp. locations. OTR partnered with Crypto.com to provide instant fiat conversions from bitcoin to Australian dollars for the merchants. DataMesh Group provides payments infrastructure to bridge the gap between OTR and Crypto.com. Australian consumers can now use their bitcoin for everyday purchases at more than 440 retail outlets ow ..read more

Two new bitcoin ETFs launched today in Australia, a spot bitcoin fund directly acquiring bitcoin and a de-facto fund of funds. Australian bitcoin ETFs went live on Thursday. Both a spot bitcoin fund, the country’s first, and a fund of funds launched on the Australian Cboe. The launch was a timid one amid a broader market sell-off. Two bitcoin exchange-traded funds (ETFs) started trading today on the Australian Cboe Global Markets Inc., one being a spot bitcoin ETF and the other investing in a spot bitcoin ETF overseas, according to a press release sent to Bitcoin Magazine. The 21Shares Bitco ..read more

On Thursday, two separate bitcoin ETFs will launch, one allowing direct access to bitcoin while the other offers shares in a company that offers spot-bitcoin exposure. Two bitcoin ETFs in Australia are set to launch this Thursday, May 12. The 21 Shares Bitcoin ETF will offer direct access to bitcoin backed by BTC in cold storage. The Cosmos Purpose Bitcoin Access ETF will allow investors to invest in shares of Purpose Investment’s spot-bitcoin ETF located in North America. Two bitcoin exchange-traded-funds (ETFs) are set to go live on Thursday in Australia after a delay stalled the ..read more

The first bitcoin spot ETF in Australia has been delayed, reportedly by a ‘prime’ broker, and it is unclear when it will start trading. The first Australian bitcoin spot ETF from Cosmos Asset Management has been delayed. The delay comes as a surprise since the national clearing house and corporate regulator had previously greenlit the product. AFR reports that an unknown “prime” or “executing” broker is behind the delay. ETF Securities and 21 Shares were set to launch Australia’s first bitcoin spot exchange-traded fund (ETF) on April 27, but the product’s listing has now been delayed. An ann ..read more

21Shares is set to become the first issuer to launch a spot bitcoin ETF in Australia after Cosmos announced its de-facto fund of funds. Cryptocurrency-focused company 21Shares has teamed up with leading exchange-traded fund (ETF) provider ETF Securities to launch Australia’s first spot bitcoin ETF, the firm said in a statement Tuesday. The 21Shares Bitcoin ETF (EBTC) is set to go live on the country’s Cboe trading platform, formerly Chi-X, on April 27. 21Shares’ product joins a similar fund from Cosmos Asset Management that will start trading on the same day. Cosmos’ product became the first b ..read more

The Australian fund would invest in shares of Canada’s first bitcoin spot ETF, launched by Purpose Investments in early 2021. Australia’s first bitcoin ETF is reportedly set to list next week. Cosmos Asset Management’s product would invest in Canada’s Purpose Bitcoin ETF, North America’s first bitcoin spot ETF that went live last year. The approval is set to come on Wednesday as participants agree on a strict 42% margin requirement for the offering. The first Australian bitcoin exchange-traded fund (ETF) is set to list on the Cboe next week as the country’s major equity markets clearing hous ..read more

The Perth Heat’s chief executive recalls how he and the team’s chief bitcoin officer put their baseball team on a Bitcoin standard in 2021. “What are we missing?” is the question that Patrick O’Sullivan, our Perth Heat chief bitcoin officer (CBO), and I asked ourselves the most during 2021. As the chief executive of the Perth Heat, Patrick and I orange pilled the organization and worked toward operating on a Bitcoin standard, but we kept falling on the same step. “What are we missing, and why hasn’t another sports team already done this?” we wondered time and again. For Patrick and me, decidin ..read more

NBA Champion Andrew Bogut explains the fight for freedom happening in Australia, and how Bitcoin fits into the bigger picture. Watch This Episode on YouTube Listen To This Episode: Spotify Apple Google Libsyn  Overcast [0:07] CK: Andrew, welcome to your first Twitter Spaces. Thanks for hustling to figure it out. Really excited and honored to have you talking with us. [0:16] Andrew Bogut: Yeah, appreciate it. Thanks for having me. [0:18] CK: So, I guess really quick, why don't we just start off with what's your story? Obviously, people may have heard of you as an NBA champion. You have ..read more

The Perth Heat is setting Bitcoin as the new standard for all payments and payouts, the club said in a statement. ABL’s most successful club has embarked on a Bitcoin standard, shifting its corporate treasury from dollars to bitcoin. “The Perth Heat are embracing the reality that the future of money and corporate treasuries will live on the Bitcoin blockchain,” its chief bitcoin officer said. The club will pay players and staff in bitcoin, accept BTC for payments, and hold bitcoin in its balance sheet. Australian Baseball League’s most successful club, the Perth Heat, has embarked on a Bitco ..read more