Australian Pension Giant Eyes Bitcoin Access For 2.2 Million Members

American multinational financial services corporation, Morgan Stanley, has predicted that the U.K.’s Pension Protection Fund are likely to record their worst deficit ever. What is the Pension Protection Fund? Set up in April 2005, the Pension Protection Fund (PPF) was established to pay a pension to members of eligible defined benefit pension schemes if....

The Australian Bitcoin Association announced today that it will officially accept new members, having completed the process of becoming a fully-fledged legal entity. Membership of the Australian Bitcoin Association is open to Australian citizens only. The ABA's constitution stipulates that the organisation has eight board member positions, seven of which are already filled. The remaining seat is open to both corporate members and individuals. Membership fees are in line with the US bitcoin Foundation, with whom the Australian association has signed an affiliate agreement. This makes it the....

The fund is responsible for the benefits of more than 6,600 active and retired firefighters as well as surviving family members. The pension fund for firefighters in Houston has allocated part of its $4 billion portfolio towards crypto.According to an Oct. 21 Bloomberg report, the Houston Firefighters' Relief and Retirement Fund used the New York Digital Investment Group, or NYDIG, to execute the purchase of $25 million in Bitcoin (BTC) and Ether (ETH). Public records through the Texas comptroller’s office show the pension fund held more than $4.1 billion in total net assets as of June....

A new survey has established that one in four Australians would like to receive at least part of their salary in cryptocurrency. While the motives vary between the members of this diverse group, the results indicate that the Australian nation’s overall interest in decentralized digital money remains strong. 4.7 Million Australians Would Accept Bitcoin Remuneration The poll has been conducted among 1,000 Australian residents by the comparison website Finder. The company is actually among the first in the country to offer employees the option to take a portion of their remuneration in....

“Coordinated pumping of shares for profits can be illegal. We can see all trades and have access to trader identities,” said ASIC in a message to the ASX Pump Organization on Telegram. The Australian Securities and Investments Commission (ASIC) is going after pump and dump groups on Telegram. On Monday an account under the name “ASIC” posted a message in the “ASX Pump Organization” on Telegram to warn around 300 members of the group that “we’re monitoring this platform and we may be investigating you.”:“Coordinated pumping of shares for profits can be illegal. We can see all trades and....