Sports sponsorship is helping legitimize crypto in Australia — Coinjar exec
Luke Ryan of CoinJar says sporting partnerships “helps shift the image of crypto away from the idea that it’s only there as speculative mania.” The sponsorship of high-profile sports and teams may be key to legitimizing the crypto industry to the general masses, according to Luke Ryan, Head of Content at Australian crypto exchange CoinJar.In May 2021, the exchange became the first crypto company in Australia to sponsor an Australian Football League (AFL) club by partnering with the Melbourne Demons.Speaking to Cointelegraph at the Australian Crypto Convention on Sept. 18, Ryan remarked the....
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Australia's CoinJar has announced pricing for its new 'Swipe' debit cards, which allow users to load and spend funds from their bitcoin balances at any business in Australia's widespread EFTPOS electronic debit network. CoinJar, which launched the trial of its regional-first card product last week, is promising "no activation fees, no load fees, no conversion rates (subject to CoinJar Fair Rate policy), [and] no inactivity fees". Users will still face some costs, however. Ordering the card initially costs AUD$29 ($26). Additionally, cash withdrawals from ATMs on Australia's 'Redi-ATM'....
In what can likely be labeled as the first DAO vote on a sports sponsorship deal in history, Terra has formally announced their new sports sponsorship deal with Major League Baseball’s Washington Nationals. While the MLB deals with an ongoing lockout, Terra has solidified their first-ever sports engagement, marking a major milestone for the growing […]
Aside from being the first major crypto sports sponsorship in Australia, the deal will also be a first for women’s sports. In what comes as the first major crypto sports sponsorship deal down under, the Australia Football League (AFL) has secured a partnership with Crypto.com to back its women’s league (AFLW). The deal is worth close to $25 million over the next five years, a marked increase from the AFL’s existing $18.5 million sponsorship contract with Toyota. Crypto.com is a Singapore-based crypto exchange offering digital wallets and crypto-backed debit cards. The partnership will mark....
Australian bitcoin exchange and payment processor CoinJar has announced it is relocating its headquarters to the UK as of today. The company's move has been rumored for some time, especially after the Australian Tax Office (ATO) announced in August that bitcoin trades involving Australia-based exchanges would be subject to the 10% Goods and Services Tax (GST). In a statement posted online, CoinJar described the move as "part of a global expansion that will will provide customers more freedom to buy, sell and use bitcoin as a global digital currency, adding: "Aside from catalysing CoinJar's....
CoinJar, Australia's well-known digital currency services company, announced on Monday that they've relocated their company headquarters to London's financial district in a move that hopes to expand the company's operations beyond the land down under. In the announcement - made on the company's blog - CoinJar says they're official incorporated as a company from the United Kingdom (under the name CoinJar UK Limited), but they aren't forgetting about their client base back in Australia. CoinJar is maintaining a presence in Melbourne, "and will continue focusing on the things that have....