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The Australian Carbon Token (BCAU) is a digital token, notionally backed by Australian Carbon Credit Units (ACCUs). BCAUs can be bought and sold easily and transparently.
The market is growing quickly as the government and businesses increase their efforts to reduce carbon emissions. Here's a brief overview of how it works:
As governments and businesses around the world pledge to decrease greenhouse gas (GHG) emissions, carbon credit markets are emerging to help meet these goals. Here’s what you need to know about Australian carbon credits.
BetaCarbon launched its blockchain-supported carbon trading platform that company founder and CEO Guy Dickinson say is capitalising on ‘massive tailwinds’ driving the sector.
BetaCarbon's platform is nearing a launch, offering investors tokens that represent Australian carbon credits to increase access to the Australian carbon market.
Guy Dickinson has warned investors to perform their due diligence on environmental and governance issues before investing in crypto.
CoinSpot, Australia’s leading digital currency exchange, has announced the listing of the Australian Carbon Token (BCAU) on its platform, offering customers the opportunity to invest in the emerging asset class of carbon credits.
ANZ Bank’s stablecoin – the A$DC – has been used to buy Australian Carbon Tokens (BCAU), in a deal that points to cryptocurrency playing a central role as new markets drive the energy transition.
BetaCarbon has won Fintech Australia People's Choice Award for Best Emerging Fintech of the Year.
BetaCarbon wins 2022 Finders Awards for Green Innovation and Green Start of the Year