Australia: Crypto Exchange Bitcoin.Com.Au Appoints Ex-Exec of Accounting Giant PwC as CEO

Australian cryptocurrency exchange bitcoin.com.

Au has appointed former consulting giant PricewaterhouseCoopers executive Ben Ingram as its new CEO, Business Insider Australia reports today, July 12.

Ingram held the role of director in charge of digital strategy at Big Four auditor PwC, leaving the company in March of this year.

Business Insider Australia writes that Ingram's work at bitcoin.com.

Ingram specifically mentioned instituting crypto investment products into areas like superannuation, which is a company-created organizational pension plan for employees.

Ingram told Business Insider Australia that bitcoin.com.

Au can be considered more of a gateway service than a full crypto exchange, as it provides same-day settlements, letting people get into Bitcoin and "Importantly, get back out of bitcoin."

Au currently offers transactions in Bitcoin and Ethereum, having added ETH in March, though Ingram noted the firm would like to add other cryptocurrencies in future.

Ingram isn't the first Wall Street exec to join the crypto sphere, as an apparent exodus from traditional financial markets into crypto has been ongoing since this spring.

Au made buying BTC and ETH for fiat possible at 1,200 newsstands across Australia.