National Australia Bank (NAB) is launching a fully backed stablecoin called AUDN. The stablecoin will launch on the Ethereum network and Algorand blockchain, a smart contract platform similar to...
Tag: AFR
Swyftx crypto exchange exits $1 billion merger amid regulatory scrutiny: AFR
Swyftx, a crypto exchange based in Australia, has been forced to pull out of a planned 1.5 billion Australian dollar ($1 billion) merger deal with superannuation fund platform Superhero, the Australia...
Australian crypto trading firm Banxa to lay off almost a third of its staff: AFR
Banxa, an Australian crypto payment firm, has announced that it will reduce its staff numbers by 30% amid the ongoing bear market conditions, the Australian Financial Review reported on Monday. Accord...
Ray Dalio Says Central Banks to Cut Rates in 2024, AFR Reports
(Bloomberg) — Billionaire hedge fund founder Ray Dalio said central banks across the globe will be required to cut interest rates in 2024 after a period of stagflation constrains their economies...