Australia’s Crypto Exchange Appoints New CEO In Former PwC Executive

The an Australian crypto exchange has just named a former consulting giant Ben Ingram an executive of PwC, to be the new COE of the platform, this is according to a report by the Business Insider Australia.

Ingram was able to hold the role as the director in charge of the digital strategy at PwC, which is among the big four audit firms. He left the company in March this year to venture on to the platform.

He Is Already Working In The Company

According to the Business Insider, the work Ingram will be doing will involve both the exchange and improving the trading functionality of the platform. But this is not all as he will also be focusing on expanding the crypto base financial products that they have into the traditional marketplace.

Ingram went ahead to explicitly mention that they will be instituting crypto investments in various areas such as the superannuation. This is a company created organization that has been designed for pension plans for the employees within the institution. He further noted that the emergence that is taking place in the crypto focused funds could actually hedge against the poorly managed currencies held in the central banks.

He further told Business Insider that should be considered as a gateway service for investors instead of just a full crypto exchange. The reason being, the platform is able to offer its investors with a same-day settlement, it lets people get into the Bitcoin, and the other most important factor it is able to get people back out of the Bitcoin in a timely manner.

There Are New Developments On The Platform

The platform is currently able to offer its various users the ability to transact in either Ethereum (ETH) or Bitcoin (BTC), where ETH was added in March this year. But this is not all as the company is planning on adding other currencies on to the platform very soon.

Ingram also went ahead to voice the personal interest he has gained from the technology that is behind the crypto coin. He further told the business insider that the technology behind the whole concept of distributed ledger technology is actually very appealing for most.

The platform has a lot to offer its respective users, as of March this year it was able to make the buying of Bitcoin and Ethereum for fiat possible, which was at about 1,200 newsstands across the country.

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