Crypto City guide to Sydney: More than just a ‘token’ bridge

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 51%

Entertainment Entertainment Headlines News

Entertainment Entertainment Latest News,Entertainment Entertainment Headlines

Sydney was known as 'Sin City' in the 1980s and it now vies with rival Melbourne for the crown of Australia's biggest crypto hub. Find out more in our Crypto City Guide to Sydney. (Via CointelegraphZN)

declining or temporarily holding payments to crypto exchanges and impose a $10,000 monthly cap on the amount of money its customers could send to exchanges.CBA liked crypto a lot better, somewhat coincidentally, around the all-time high. There are only a handful of places in Sydney left where you can spend crypto.claims there are roughly 25 venues that take digital currency payments near the city, which get even more sparse when traveling to the outer suburbs .

The majority of venues appearing on Coinmap have shut down, and of those still standing, many no longer take crypto payments. A lack of uptake by customers was the consensus for getting rid of crypto payments as explained by multiple venue owners.Of those still around that accept crypto, you can grab a brew atin Redfern takes Bitcoin over the Lightning Network for its coffees and Bánh mìs.

There are a variety of stores that accept crypto when ordering online. You can order a new skateboard fromwill accept Bitcoin for their vintage wares, or you can grab some lingerie at, which operates CryptoLulu, an NFT-gated membership club that claims to offer private lounges, networking events and other benefits at the venue for NFT holders. While you can of course pay for the NFT membership using crypto, the bar itself doesn’t take crypto payments right, now but that’s apparently coming soon.

The Australian Securities and Investments Commission has undertaken its share of enforcement actions in the crypto space against Sydney businesses. It

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

From meetups like Blockchain Sydney to thriving startup culture and crypto-friendly venues, Sydney is embracing the crypto revolution.

ZN Sydney is Australia’s first, oldest and second-most populous city (just), world-famous for its harbor views and iconic landmarks, such as the Opera House and Harbor Bridge — affectionately nicknamed “The Coathanger” by locals.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in ENTERTAİNMENT

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Regulation in focus at Coinbase crypto summit, and Fed's Powell talks stablecoins: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Martin Leinweber, digital asset product strategist at Market Vector Indexes, discusses what he believes is moving markets amid the backdrop of the SEC's crackdown on crypto exchanges and regulatory developments overseas.
Source: CNBC - 🏆 12. / 72 Read more »