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Gold Coast cryptocurrency Qoin terminated from Blockchain Australia – ABC News

The Gold Coast cryptocurrency Qoin rejects concerns raised about its transparency after it is expelled from peak industry body Blockchain Australia.

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The Gold Coast cryptocurrency Qoin has rejected concerns raised about its transparency after it was expelled from the peak industry body, Blockchain Australia.
Key points:

  • Blockchain Australia has terminated the membership of the cryptocurrency Qoin, which claims to have 28,000 ‘validated merchants’
  • Former Blockchain Australia board member says unlike other cryptocurrencies, Qoin is traded in a ‘closed’ system
  • But Qoin says it’s ‘appalled’ by Blockchain Australia’s decision and has defended its model…

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