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Australia eyes cryptocurrency for payment; Cointree partners with Gobbill

Gautham Kadri

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Australia eyes cryptocurrency for payment; Cointree partners with Gobbill
Source: Pixabay

On 20th August, on the official Twitter handle of Cointree, a platform used for the purchase, sale, and store digital currencies including Bitcoin [BTC], Ethereum [ETH], Monero [XMR], and NEO [NEO], has announced a partnership with Gobbill.

Gobbill is a digital financial assistant that automatically pays bills and invoices. Being sponsored by Microsoft, it can support bills from utilities, telecommunications, insurance, and council rates. This collaboration would enable Australian citizens to pay their bills using cryptocurrencies.

Cointree's official post, Source: Twitter.com

Cointree’s official post | Source: Twitter

Cointree was established in the city of Melbourne, Australia in 2013, with the main objective of making blockchain technologies more accessible and easier to understand for the common man.

The Co-Founder of Gobbill, Sheldon Ewans, disclosed that he did not have much knowledge about cryptocurrencies and it wasn’t until earlier last year when he finally started working on cryptocurrencies. He revealed that this was what pushed him to collaborate with Cointree.

He spoke about the partnership, stating:

“I have traded, but not very successfully. That was the appeal of Cointree. I’m a novice and I’m surrounded by people at [fintech co-working space] Stone and Chalk, who are deep crypto specialists”

He further adds that in the future whether people like it or not, cryptocurrencies would become an integral part of everyone’s daily lives. Gobbill is currently trading with fiat currencies as well as debit/credit cards and will soon incorporate digital currencies as a mode of payment.

The operations manager of Cointree, Jess Rendon stated that the company already had a payment service system for users but through this collaboration, they can expand their services and at the same time, make the process faster.

Further, Rendon says:



“Last year alone we had about $100 million of bills paid and saw ten times growth in this payment feature”

A Twitterati commented on the partnership saying:

“Another great step towards mainstream adoption in Aus #crypto”

A Redditor leoov89 commented:

“I keep my fingers crossed, and I’m glad I’m participating in a innovatory project))”





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Gautham Kadri is a full time content writer at AMB Crypto. His passion is for writing and interest towards the future of cryptocurrencies and blockchain technology. He does not hold any form of crypto currencies presently.

Bitcoin

John McAfee says he will reveal Nakamoto’s identity, Coinbase expands to 11 countries, and more

Priya

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John McAfee says he will reveal Nakamoto's identity, Coinbase expands to 11 countries, and more
Source: Unsplash

Daily Crypto News – April 18

1. John McAfee on Satoshi Nakamoto: The Founder of McAfee Associates stated that he would narrow down on the identity of Satoshi Nakamoto until he reveals Satoshi himself, otherwise he would reveal his identity to the crypto community. He also spoke about how he knows about Satoshi, to read about it, click here!

2. Coinbase expands its services to more countries: The leading exchange platform announced that it expanding its services to 11 more countries, which includes India, South Korea, and New Zealand. People in these countries can avail services provided on Coinbase.com, Coinbase Pro and its app on iOS and Android.

To know more about the countries Coinbase has expanded to, click here!

3. Craig Wright says the crypto-community want to silence him: Craig Wright, the self-proclaimed Satoshi Nakamoto, stated that the majority of the community was against him as they “desire to silence” him because they see someone who would bring an end to scams and pumps and dumps.

He also spoke about the next steps he would be taking in terms of the legal action concerning his defamation case. To read about it, click here!



4. Binance “marks the birth of a new genesis block”: The largest cryptocurrency exchange in terms of trade volume announced the launch of its Decentralized Exchange, and also stated that the mainnet swap would take place on 23 April 2019.

To read more about Binance DEX, click here!





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