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A growing number of Australians are using their super to trade cryptocurrency Some say the risky strategy has paid off in a big way

A growing number of Australians are using their super to trade cryptocurrency. Some say the risky strategy has paid off in a big way. Jack Derwin Cryptocurrency exchanges are welcoming a flood of Australians onboard as they look to invest their super. (Natalia FedosenkoTASS via Getty Images) Cryptocurrency exchanges are seeing a flood of signups for their SMSF products, as Australians look to invest their retirement savings into digital assets. BTC Markets has revealed that the platform had seen SMSF applicants increase fivefold and that Australians were actively trading tokens within their funds. Business Insider Australia spoke to a few SMSF trustees who have invested heavily into cryptocurrencies about how they trade and how much they ve made.

Steve vallasNatalia fedosenkoAdrian przeloznyGetty imagesInsider australiaBusiness insiderBusiness insider australiaBlockchain australiaஸ்டீவ் வல்லாஸ்கெட்டி படங்கள்உள் ஆஸ்திரேலியாவணிக உள்வணிக உள் ஆஸ்திரேலியாப்ளாக்சைன் ஆஸ்திரேலியா

Canberra admits it dropped the ball on crypto, promising to catch up with the sector within 6 months One exchange says it may be too late

Senator Andrew Bragg has promised policymakers will deliver for the crypto sector within six months. (Alex Ellinghausen, SMH) Senator Andrew Bragg has acknowledged that the federal government has failed to keep up with the cryptocurrency sector but that the “key issue” will be delivered on within six months. In a keynote address to Blockchain Week, the policymaker said it was essential so as not to lose jobs and talent to overseas competitors like Singapore. Business Insider Australia spoke with some of the country’s exchanges on what the situation is like currently and what the future looks like for the industry.

New south walesUnited kingdomAustralian capital territoryByron goldbergAndrew braggAdrian przeloznyAlex ellinghausenBlockchain weekInsider australiaBusiness insider australiaLuno byron goldbergBlockchain australiaSenator andrew braggIndependent reserveபுதியது தெற்கு வேல்ஸ்ஒன்றுபட்டது கிஂக்டம்

Canberra admits it dropped the ball on crypto, promising to catch up with the sector within 6 months One exchange says it may be too late

Canberra admits it dropped the ball on crypto, promising to catch up with the sector within 6 months One exchange says it may be too late
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

New south walesUnited kingdomAustralian capital territoryByron goldbergAndrew braggAdrian przeloznyAlex ellinghausenSenator andrew braggBlockchain weekInsider australiaBusiness insider australiaLuno byron goldbergBlockchain australiaIndependent reserveபுதியது தெற்கு வேல்ஸ்ஒன்றுபட்டது கிஂக்டம்

Zip is plotting a major move into cryptocurrency and stock trading, as it diversifies beyond buy now, pay later

Zip co-founder Peter Gray has revealed Zip is planning to expand into a trading platform. In comments made to the Dow Jones newswires, Gray said Zip was considering offering cryptocurrency and stock trading options out of its existing app. Zip confirmed the announcement to Business Insider Australia, as it looks towards future growth markets. One of Australia’s largest buy now, pay later companies wants to do a whole lot more as it looks to the next stage of its evolution. In comments published by the Wall Street Journal, Zip co-founder Peter Gray revealed the $5.1 billion platform plans to soon expand into cryptocurrency and stock trading. The trading function would most likely be launched in the United States, where Zip-owned QuadPay operates, before turning its eye back on its home turf.

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NFTs are shaking up the art world, but can the blockchain actually get creatives paid? Australian artists and experts weigh in

NFTs are shaking up the art world, but can the blockchain actually get creatives paid? Australian artists and experts weigh in
businessinsider.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com.au Daily Mail and Mail on Sunday newspapers.

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