Should Beijing look at its crypto ban? A former bank member believes so
A former member of the Monetary Policy Committee at the People’s Bank of China believes the ban on China should be reconsidered.
Australian citizens are now able to buy Bitcoin at their national Post Offices as a result of a partnership with a local cryptocurrency exchange
In partnership with Bitcoin.com.au, the Australian Post Office is offering the option for Australians to pay for Bitcoin at any of the over 3,500 locations. According to an announcement and step-by-step guide, Bitcoin.com.au seems to be targeting prospective crypto investors who are making their first Bitcoin purchases. CEO of Bitcoin.com.au. Holger Arians explained:
“This is a major milestone for digital currency in Australia and around the world. It proves that there are established businesses and organisations that want to learn about new technologies by doing, and not by blocking. For many people, paying for Bitcoin at an Australia Post office feels safer than transferring funds online — particularly for first-time buyers. We’re proud of this partnership and would like to thank Australia Post for their continued openness to new technologies. Our mission is to make Bitcoin safe and easy for every Australia..”
Australia Post is not new to taking the lead on offering innovative and technological approaches, having explored online shopping and Telegram for Australians. This new endeavour marks the first step into Bitcoin and blockchain, and stands to both educate and entice new enthusiasts into the cryptocurrency space.
The Number of Bitcoin ATMs Growing Constantly
Physical locations selling Bitcoin and cryptocurrency also is not a new concept. The number Bitcoin automated teller machines (ATMs) recently surpassed 8,000 across the world. As recorded, there are now 73 countries which offer physical locations to buy cryptocurrencies such as Bitcoin, Ethereum, Litecoin, DASH, and Bitcoin Cash.
According to data collated by CoinATMRadar, we can see that the number of tellers has risen exponentially over the past two years. The number of machines offering Bitcoin sales has almost doubled in the past year and it looks as though it will maintain its positive trajectory.
