First Western Australian Bitcoin Exchange DWVx Partners with Westpac Bank
Western Australia is an under-served area as far as Bitcoin exchanges go. West Australia alone is as large as Western Europe, a region that encompasses nine countries. Despite the Internet's tendency to shrink the planet, Bitcoin is a store of value, which entails risks all its own, so the creators of Digital World Ventures, the company which is backing DWVx, believe that people in Western Australia will feel more comfortable dealing with a local exchange. To this end, they are planning to have a physical location for people to deposit cash in order to buy Bitcoin. DWVx runs on Alphapoint,....
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Australia-based Digital World Ventures exchange (DWVx) has launched a peer-to-peer Bitcoin brokerage through a partnership with the white-label currency exchange provider AlphaPoint. The exchange, founded by Ian Davis and James Clarke, hopes to bring a trusted and personal brand, as well as provide a state-of-the-art exchange, to Australia's Bitcoin scene. "We're very excited Digital World Ventures selected us as their technology partner", said Vadim Telyatnikov, CEO of AlphaPoint. "James and Ian are well-known experts in the community. We believe they have the right technical and....
Australian technology group Digital World Ventures (DWV) has launched a Bitcoin exchange DWVx to facilitate increased trading of cryptocurrencies at extremely low costs. The exchange has been launched through a partnership with the white label digital currency exchange platform AlphaPoint for Bitcoin enthusiasts and geeks in Western Australia. Established in 2014 by founders Ian Davies and James Clarke, Digital World Ventures has launched the Digital World Ventures Exchange with a highly competitive fee structure to increase bottom-line returns of its users. With this exchange, the....
It has to be said, Australia is showing a very bullish trend where venture capital is concerned in 2016. The fintech industry is heating up in Australia as of late. Westpac is backing a second AU$50m startup fund for fintech startups in the country. The bank will do so in collaboration with Sydney-based VC firm Reinventure. The hunt for promising Australian fintech startups is in full swing, and it is positive to see Westpac being part of this initiative. It is not the first venture by Westpac in the fintech industry either. The financial institution had shown its support for the local....
An Australian Bitcoin exchange operator has taken legal action against two commercial banks in the country, accusing them of discriminatory practices. Allan Flynn, a Bitcoin trader in Australia has filed a complaint against two commercial banks in the country — ANZ and Westpac — accusing both of systematic discrimination. According to a report by the Australian Financial Review, Flynn is seeking compensation to the tune of 250,000 Australian dollars (about $192,000).According to Flynn, he has been the victim of discriminatory practices with banks allegedly continuing to shut down his....
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