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Found 3 results

  1. According to data from CoinATMRadar, Australia deployed 99 crypto ATMs in the last three months of 2022. As a result, Australia now has 219 operational crypto ATMs, 7 more than El Salvador at the time of writing, effectively displacing El Salvador as the fourth-largest crypto ATM hub. At this rate, Australia will soon surpass Asia's 312 crypto ATMs. The total number of crypto ATMs worldwide is 38,602, out of which 6,071 ATMs were installed in 2022 alone. https://cointelegraph.com/news/australia-overtakes-el-salvador-to-become-4th-largest-crypto-atm-hub
  2. The much-awaited debut of crypto ETFs in the Australian market seems to have been pushed off for later this week. According to the Australian Financial Review, the delay is being blamed on a "prime" or "executing" broker who has failed to approve the products due to a delay in appointing a market maker for the product's launch. According to a spokesperson from 21shares, “The delay is no fault whatsoever of 21Shares, the funds or the exchange. As crypto ETFs are completely new to Australia and the infrastructure is being built from the ground up, a service provider downstream needs more time to support the launch. The issue affects all fund managers equally and has caught everyone by surprise.” https://www.bloomberg.com/news/articles/2022-04-26/crypto-etfs-roll-out-in-australia-hits-snag-amid-inaugural-push
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