Australian Bitcoin trading platform going global

Australian Bitcoin trading platform going global

Popular Australian trading platform Btc.sx is in negotiations with US and Asian investors. Btc.sx is a Bitcoin derivatives trading platform, created in Australia. Operating from their office in Singapore and London, Sydney was more expensive; they offer derivatives. These can best be described as instruments that allow investors to trade in something indirectly. As the name implies, they are "derived" units of value. Btc.sx is currently the most popular platform for doing trades like this. The success of this website attracted major capital. The trading platform is on the brink of securing....


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Bitcoin Group's IPO on the Australian Stock Exchange

Allan Guo (left), Sam Lee (right) and Bitcoin Group. Bitcoin Group is to be listed on the Australian Stock Exchange in mid-November, becoming the world's first publically floated Bitcoin trading company. Following the positive guidance from the Australian Tax Office on the treatment of Digital Currencies, Bitcoin Group will be the first Bitcoin company on the Australian Stock Exchange, in the world's first official Bitcoin IPO listing. No other Bitcoin company has been publically traded in Australia, or any global stock exchange. Bitcoin Group's earliest investor, self-made billionaire Mr.....

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Quotes

Blockchain is a really disruptive development, and banks have a lot of fear concerning this technology because in the pure theory of blockchain, a lot of processes within a traditional bank would be obsolete.

Thomas F Dapp, research analyst, Deutsche Bank