New Partnership Allows Australians to Pay Bills in Cryptocurrency

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Holders of cryptocurrencies in Australia will now be able to pay their bills in cryptocurrencies, thanks to a new partnership between cryptocurrency exchange, Cointree, and automated billing platform, Gobill.New Partnership Opens Crypto DoorsCointree, in a tweet, recently announced partnership its partnership with Gobill which would enable cryptocurrency holders to settle their household bills with a wide range of cryptocurrencies. As a part of the agreement, Gobill will take users’ cryptocurrency funds and pay their bills on their behalf, acting as an intermediary between the two parties.The move enables Australians to pay their bills in cryptocurrency to utility or service providers, irrespective of whether they accept payments in cryptocurrencies or not.Cointree is licensed under AUSTRAC, while Gobill has an Australian financial services license under ASIC.Cointree currently supports 40 major cryptocurrencies including Bitcoin, Ether, XRP, NEO and Litecoin. Users who have their digital assets stored in Cointree’s platform will be be