Issue 2.2 |
ADCCA NEWSLETTER

 

 

The Australian payments landscape has taken a big step forward in the last fortnight with online travel company Webjet announcing Bitcoin as a payments option on some of their services.  The payments processing will be handled by Australian digital currency company BitPOS. 


 

Also in the news is the appointment of former Virgin Money chief David Curneen as CEO of digital currency company Bit Trade Australia. The Australian has given the story a good write up which you can view below. 

 

The Australian Senate's Digital Currency Inquiry is set to hold more hearings in March and April before handing down a report on how to best regulate the industry.  ADCCA looks forward to further engaging with inquiry and those who are called to participate. 

 

As always we've included a few news articles on the industry for you to look at.  I'm sure there will be much more to report for the next edition!


 


Yours very sincerely,

 

Ronald M. Tucker
Chairman ADCCA


Delegate - Bit Trade Australia 


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Digital Currencies: Perhaps the Most Promising Opportunity of Our Age
 
 
 
By Tuur Demeester


 A technology is called "disruptive" if it creates a new market that first disturbs and then displaces an earlier technology. Bitcoin is potentially such a technology and much more. The fact that it can disrupt the largest and most interconnected marketplace in the world-money, banking, and finance-makes it perhaps the most promising investment opportunity of our age.

 

Unlike our current increasingly unstable and unpredictable financial system, Bitcoin has 21st century technologies at its very core. The digital currency and clearing network is open source, mobile, peer-to-peer, cryptographically protected, privacy oriented and native to the Internet. The fusion of these technologies allows for a level of security and efficiency unprecedented in the world of finance. These are some of the areas in which Bitcoin-oriented technology can directly compete:

 

 

 

 

 

 
DIGITAL CURRENCY HEADLINES
 

"NYC Councilman: City Should Accept Bitcoin to Save on Credit Card Fees"
 
eCredit Daily | 16 February, 2015
 
 
Here's a potential boost for the the virtual currency bitcoin: What if New York City starts accepting bitcoins as payments for fees and fines?  Last week, New York City councilman Mark Levine introduced a bill that would do just that, and the plan could become law by summer.

 

-Read More-
 

 
 
"Bit Trade Appoints former Virgin Money Chief David Curneen as CEO, Confirms Move Into Money Transfers"

The Australian |  18 February, 2015

 

 

Bit Trade Australia is aiming to bring Bitcoin into the mainstream, with new chief executive officer David Curneen outlining the potential for digital currencies to revolutionise the financial services industry.

 

 

-Read More- 

 

 

 

 

"Quebec Requires Bitcoin ATMs and Exchanges to be Licenced"

CoinBuzz  |  16 February, 2015

 

Canadian regulatory authorities enacted new regulations that will require all Québec domiciled cryptocurrency ATM operators and virtual currency exchanges to be licensed. The Autorité des marchés financiers (AMF) has stated that it is not attempting to regulate the Bitcoin industry.

 

-Read More-

 

 

 

 

"Bitcoin ATM Selling Gold and Silver Goes Live in Singapore"

CoinDesk  |   13 February, 2015

 

 

 A Singapore company has created a way for customers to buy gold and silver directly from a Lamassu bitcoin ATM. Quantified Assets, a bitcoin-to-precious metals brokerage, has a prototype machine set up in Singapore's HackerspaceSG, which it is using as a showcase to offer its front-end interface to all 118 Lamassu operators worldwide.

 

 -Read More-
   

 

 

"Policy Experts Talk Transparency in Bitcoin at Foreign Affairs   Event"

CoinDesk  |  16 February, 2015

 

 

Emerging digital currency protocols have enormous potential to transform payments as we know them today.

 

 

 

 

 

 

 

 

 

"Commonwealth Secretariat to Explore Bitcoin in the Developing World"

 CoinDesk  |   16 February, 2015


 

The Commonwealth Secretariat is set to hold a hearing on digital currencies from 17th to 18th February to identify how the nascent technology might benefit consumers in the developing world.

 

 

 

 

 

 

"Bitnet Partnership Opens Up 260 Airlines to Bitcoin Payments"

CoinDesk,  10 February, 2015


 

Universal Air Travel Plan (UATP), a payment network owned by major international airlines such as American Airways, British Airways and Lufthansa, has partnered with bitcoin payment processor Bitnet.

 


 

 

 

 

 

 

 

"CoinJar is Letting Bitcoin Users Hedge Against Fluctuations. Here's How it Works"

 

BUSINESS INSIDER | 10 February, 2015

 

 

 

The North American Bitcoin Conference got off to a good start on January 17th, despite the tumbling value of Bitcoin in the last couple weeks. The presentations and panels were loaded with heavy weights in the industry, including Jeff Garzik of BitPay is an electronic payment processing system for the Bitcoin currency.

 

-Read More- 

 
Webjet is Now Accepting Bitcoin 

 

Copyright © 2015  | ADCCA | All rights reserved.

Published by the Australian Digital Currency Commerce Association 
Editor: Ronald M. Tucker
Deputy Editor: Jessica McIntyre

The ADCCA Industry Newsletter reaches a regular audience of over 700+ Industry and Government Leaders, domestically and abroad. This reach includes regulators, parliamentarians, enterprise C-Level executives as well as cross-industry stakeholder participants both at the professional association and emerging FinTech business levels. To learn more about ADCCA or enquire as to Membership opportunities, please contact us via the below:

Our mailing address is:
The ADCCA
PO Box 21122 World Square
Sydney NSW 2002
AUSTRALIA



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