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The Australian Securities and Investments Commission (ASIC) will monitor the crypto markets and ICOs. Will create a policy for regulation subjecting cryptocurrencies to the same scrutiny as stock exchanges.

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Australia And New Zealand Banking Group (ANZ) Echos Not So Peachy Blockchain Sentiments

Australian Bank ANZ Is Not So Sure About Blockchain Technology The Australia and New Zealand Banking Group Limited (ANZ) seems to disagree with the possible solutions that blockchain technology provides to companies and enterprises around the world. According to Maria Bellmas, ANZ Institutional’s associate director of trade and supply chain products, blockchain raises many questions. […]
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Australia’s Unemployment Rate Hits an 8-year Low, Dollar Goes Up

The unemployment rate in Australia went to an 8-year low as employment opportunities continue to rise since February. The local dollar supply has also been increasing steadily as expectations against the central bank maintaining the ongoing interest rates rise sharply. What does data suggest? According to new data released by the Australian Bureau of Statistics (ABS) on Thursday, about 4,600 new jobs were created in February, with the lion’s share of contributions achieved from part-time work. February’s performance faded in comparison to 38,300 jobs generated in January, according to revised data. However, it still suggests that the labor market is continuing to be positive. Australia’s job creation is happening at a quick pace of 2.3% while the rise in its population is just 1.6%. Interestingly, the participation rate fell slightly from 65.7% to 65.6% as a fewer number of people were looking for work. Thanks to this data, the country is seeing the lowest unemployment rate of 4.9%, since June 2011. Australian dollar jumps up The Australian dollar jumped by 0.6% to $0.7155, reaching a one-month high. The data tempered market expects that the Reserve Bank of Australia (RBA) would be cut benchmark interest rate from its current rate, which is at a record low. The employment report is now playing an important role in the monetary policy of the county. The central bank looks at the labor market along with inflation and wage growth to decide its policy as the property market is facing a downturn. The RBA has been keeping the cash rate at record lows of 1.50% for about 2 ½ years now. It was only last month that they moved from their tightening bias to a more neutral stance. However, it is important to note that leading labor indicators show that there is a slowdown in employment growth. The number of job advertisements is decreasing. At the same time, business conditions and confidence are also reverting from the peaks it touched last year. The Australian Department of jobs and small business released separate data on Wednesday showing an index of vacancies in the country. It shows 179,100 skilled job vacancies advertised throughout the country and highlights that February data has eased. Though the overall economy has hit a soft patch, the RBA is looking at more promising data released today that shows a slowing, but still-strong job growth and a lower rate of unemployment. The post Australia’s Unemployment Rate Hits an 8-year Low, Dollar Goes Up appeared first on - Daily Cryptocurrency and FX News.

Binance Blockchain Ecosystem Enters South Australia's Tech Hub

One of the world's leading blockchain ecosystems Binance today announces its entry in the Australian market with the launch of Binance Lite, a simple and secure platform allowing users to exchange cash for digital currency, hiring Binance's first Australian employee and committing their investee TravelbyBit to join the workspace in Lot Fourteen. Announcing the news from Australia's first international blockchain summit, the ADC Global Blockchain Summit, Binance is set to become an integral player in the Australian blockchain market as South Australia continues its support of blockchain ventures locally and nationally, steadily becoming the blockchain capital of Australia. Binance Lite is a brand new platform where users can purchase digital currency at a network of 1,400 convenience stores across Australia, with 66 outlets in South Australia. The service provides digital currency enthusiasts a simple way to purchase digital currency and make blockchain-enabled transactions. ADC 100 vice-chair Stephen Roux noted the importance of entrants such as Binance in socialising blockchain for businesses in Australia, "Binance's market entry into Australia here at the ADC Global Blockchain Summit 2019 in Adelaide is symbolic. It not only represents the prize nature of Australia's consumer market as an opportunity on the global stage but also a milestone that was seeded in Premier Marshall's early vision to create an environment that has now attracted one of the most significant blockchain technology stakeholders in the world to establish their ...Full story available on

Binance launches cash-to-crypto service in Australia

CryptoNinjas Popular cryptocurrency exchange Binance, announced today a new platform to buy crypto to support adoption of cryptocurrency use in Australia. The launch of Binance Lite Australia marks Binance’s first fiat gateway on the continent, and provides a secure and reliable cash-to-bitcoin brokerage service... Binance launches cash-to-crypto service in Australia
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Australia news by Finrazor


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Maximine Coin Surge, eToro Adds TRON, Rakuten and Yahoo, Boss Crypto - Cryptocurrency News

Maximine coin is up more than 700% within the past 30 days. eToro also announced yesterday that they will add Tron TRX to its platform with more than 10 million registered users. Mattie will also talk about Rakuten and Yahoo continuing Mainstream Progression Towards Cryptocurrency as well as Boss Crypto, a crypto investment and education platform. ----------------------------------------------------------------------------------- Connect with us on Social Media: Twitter: Facebook: Telegram: ---------------------------------------------------------------------------------- Looking for the best cryptocurrency wallets? Check these out: BitLox: CoolWallet S: Trezor: Ledger Nano S: KeepKey: Read about them here: --------------------------------------------------------------------------------- References: BossCrypto – Crypto Investment and Education Platform Boss Crypto Yahoo and Rakuten Continue Mainstream Progression Towards Cryptocurrency Rakuten Wallet Launch Announced for March 30, 2019 Here’s Why Crypto Maximine Coin (MXM) Jumped 754.5% in March eToro adds Tron TRX to its Platform with More than 10 Million Users -------------------------------------------------------------------------------- DISCLAIMER The information discussed on the Altcoin Buzz YouTube, Altcoin Buzz Ladies YouTube, Altcoin Buzz Podcast or other social media channels including but not limited to Twitter, Telegram chats, Instagram, facebook, website etc is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the writer, reviewer or narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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Maximine Coin [MXM] Jumps 30% Higher While Top Currencies Continued Bleeding

In a continuous declining market, there’s one coin that stood out higher. Maximine Coin or MXM Coin broke a new record of entering into the graph of Top 40 cryptocurrencies with a spike of 30 percent over the past 24 hours. Why MXM Coin Pumped Higher? The value surge is quite surprising because the top crypto assets including Bitcoin, Ethereum, XRP, Litecoin, EOS, Bitcoin Cash, Binance Coin, and many other cryptos are on the way out. Nevertheless, the major concern comes after the spike of MXM Coin trading volume on CoinBene exchange which suspects to have wash trading activities. Despite this decline drive, Maximine Coin’s MXM token is ruling with rising volume among the top 40 cryptocurrencies. At the moment, the MXM’s average trading value counts $159,653,386 which has gained 30.11 Percent over the last 24 hours. Moreover, the coin is trading at $0.096818. Maximin Coin or MXM is presently available at a handful of crypto trading platforms including CoinBene, HitBTC, Coinbit, and Livecoin. Among these exchanges, the highest trading volume is split among CoinBene and HitBTC with pair of USDT, ETH, and BTC respectively. Is there anything Related to CoinBene’s Suspected Wash Trading? Looking closer at the coinmarketcap, the highest trading volume of MXM coin can be seen on CoinBene, the exchange which was once noticed of involving with wash trading activities as reported by Bitwise Asset Management. Reports further revealed that the volume is faked by the exchange itself that results to inflate actual numbers to catch user’s attention. Moreover, the exchange registered in Singapore and doesn’t need KYC for a user to have an account with. To note, the Bitforex exchange where MXM Coin will soon be listed is also based out in Singapore – moreover, Maximine Coin is reportedly registered in the same country. Additionally, recent reports reveal that the coin had gained mainstream concern from Bitforex, a Singapore based trading platform. The firm announced to list MXM coin on its exchange which many speculate and relate the coin’s significant performance with. Heard the news? 👂🏼 Seen the papers? 👀 If you haven't, keep your eyes glued to the screen and your ears wide open because @maximinecoin is coming to @bitforexcom ! 🍻🙌🏼 Details in link below! 👇🏼 — MaxiMine (@maximinecoin) March 26, 2019 What do you think about CoinBene and its trading contribution to Maximine Coin? share your opinion with us  The post Maximine Coin [MXM] Jumps 30% Higher While Top Currencies Continued Bleeding appeared first on Coingape.
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