logo
Binance names Matt Poblocki General Manager for Australia & NZ

Binance names Matt Poblocki General Manager for Australia & NZ

Techday NZ4 days ago
Binance has appointed Matt Poblocki as General Manager for its operations in Australia and New Zealand.
Poblocki brings nearly 20 years of experience in fintech, regulatory, and commercial business strategy to the role, having previously held senior executive positions at well-known digital businesses including PayPal, Afterpay, and eBay, as well as working with start-ups and scale-ups in various international markets.
With over one million users in Australia and recent figures suggesting nearly one in three Australians have at some point owned cryptocurrency, the country has established itself as one of the most developed and regulation-forward digital asset markets worldwide. The decision to appoint Poblocki is seen as a step to further Binance's growth ambitions in the region. Few markets are as digitally capable and commercially dynamic as Australia. With a strong ecosystem, a progressive policy environment, and millions of Australians already engaging with crypto, we have a real opportunity to lead responsibly on the global stage," said Mr Poblocki.
Poblocki said that both Australia and New Zealand are globally recognised for their rapid adoption of technological innovation.
"Australia and New Zealand are renowned globally as early and fast adopters of innovative technology. This next wave of Web3 and blockchain is well and truly upon us. I'm excited to help shape the next chapter of growth and innovation for digital assets in Australia and New Zealand, and energised by the opportunity to pair Binance's global expertise with local momentum to build a trusted future for crypto in our region," he said.
Poblocki previously held an executive leadership role with eBay and was influential in PayPal's early development and expansion. At PayPal, he oversaw legal affairs in Australia and New Zealand, later progressing to international regulatory and legal responsibilities across 170 markets from the Singapore headquarters. Poblocki then joined Afterpay, working on expansion plans across Asia, and has since co-founded start-ups and advised on the international growth of Australian and overseas scale-ups.
Throughout his career, Poblocki has worked closely with government and regulatory bodies, including APRA, RBA, AUSTRAC, and ACCC, providing him with both commercial and regulatory expertise.
Addressing Binance's future direction in Australia and New Zealand, Poblocki said: Our next chapter will be about showing what responsible growth really looks like. That means combining commercial strategy and innovative product offerings with proactive engagement with regulators, robust compliance, and supporting everyday Australians with safe access to the digital asset economy. Regulation and innovation don't have to be at odds. In fact, they must go hand in hand if we want to build a future that all Australians want to be part of.
Richard Teng, Chief Executive Officer of Binance, welcomed Poblocki's appointment. "Matt brings an exceptional track record of scaling some of the most recognisable fintech brands across complex, highly regulated markets," Teng said. "He brings a unique ability to connect governance leadership with commercial strategy. His appointment reinforces our commitment to the Australian and New Zealand markets and to building a sustainable digital asset ecosystem for the long term."
Poblocki's combination of legal, regulatory, and commercial acumen is expected to play a role as the digital asset market in Australia and New Zealand continues to evolve and as regulatory standards mature further in the coming years.
Follow us on:
Share on:
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Heather du Plessis-Allan: We are being irrational about the price of butter
Heather du Plessis-Allan: We are being irrational about the price of butter

NZ Herald

time4 hours ago

  • NZ Herald

Heather du Plessis-Allan: We are being irrational about the price of butter

Unless you're into commercial scale baking, butter is not the thing putting the most pressure on household budgets. Try power. This winter power is costing the average household almost a block of butter every day. Or rates. That's costing the average Wellingtonian more than a block of butter every day. Those expenses have no alternatives. You have to pay them. With butter we at least have alternatives. If we don't like the price we can do a swap. I don't want to be Marie Antoinette but at least we have the option to switch to margarine. Not only have we abandoned logic, but also facts. Even the Finance Minister briefly took to complaining that butter is cheaper in Australia than in the very country that produces it. Except that's not true. At the time of writing, if you take Woolworths' salted butter, which is available both sides of the Tasman, adjust for currency and the fact the Australian Government does not charge their equivalent of GST on butter, we actually pay 30c less. Discounting butter domestically is impractical, as it would require subsidies, impacting farmers and shareholders. Actually, the price of butter is a good news story for New Zealand. Because if we're paying our farmers more, the world is paying our farmers more. And they're buying a lot more blocks of butter than we are. So that means they're paying a good chunk towards our tax take, our health, our roads, our schools. It's become slightly fashionable to suggest the solution is to discount butter domestically. That's a nutty idea. A discount is a subsidy. A subsidy has to be paid by someone. Who? Fonterra? The shareholders will probably object to that. Maybe, if this drama runs on long enough and there is enough reputational damage to Fonterra, it might be in the business' interest to cut the price to make the pain stop. That would not be a good day for farmers and shareholders. Miles Hurrell attributes the 46.5% rise in butter prices to global demand and supply issues. Photo / Alyse Wright The Government? Again, bonkers. If New Zealand is too broke to afford the full Dunedin hospital build, we're too broke to help commercial bakers afford their butter. The truth is there is no fix to the price of butter that isn't stupid or temporary. We simply have to pay the price that we pay. And the Finance Minister knows this. She knows this because she is a very clever woman. And because she worked for Fonterra for six years. Finance Minister Nicola Willis has turned butter into the cost-of-living symbol. Photo / Mark Mitchell So, she should never have turned butter into the cost-of-living symbol she has. This really started with her in April when she visited Costco and was taken by the fact it could sell butter for about half the price mainstream supermarkets were selling it for. It became her evidence that supermarkets were ripping us off. But then somehow, Fonterra got dragged into it and one of their regular ministerial briefings became a please-explain. And then the TV news was chasing the CEO Miles Hurrell around the forecourt of Parliament and going live to air while the meeting was under way. And there were expectations. And then nothing happened. And it has become yet another example of the Finance Minister, disappointingly, talking big but doing nothing. Just like with the retail banks. And just like with the supermarkets, so far. Spare a thought for Hurrell. The man is one of the most impressive Kiwi CEOs of his generation but had to spend his week cast as the villain of the butter story. There is no story. It's not even the biggest pressure on our weekly bills.

Fun but needs (armour) polish
Fun but needs (armour) polish

Otago Daily Times

timea day ago

  • Otago Daily Times

Fun but needs (armour) polish

I was recently given the opportunity to have a quick look at an alpha-build of a new game called Renown, alongside a small play session with Australian developers RDBK Studios. Renown is an open world crafting and base-building game, which seem like a dime a dozen nowadays. It manages to separate itself though with its main draw of combat, which is aligned more with medieval arena fighters. It also shuns some other basic survival mechanics like food and thirst. This is a pretty neat concept and I was interested by that alone. As with other games of this type, there is no story — just a world in which you and other players can forge your own path, which has never personally interested me, but as we can see in the popularity of games like Rust, certainly has fans. Those who have played games like MORDHAU or the Chivalry series will be right at home with the combat. You can swing your weapon from left, right, overhead, and make stabs. There's parries, feints and morphs, and for the more technically knowledgeable out there, they also have accels and drags and your physical hitbox moves with your mouse, so you can duck under sword blows. For those who want a ranged option, there's plenty of bows and arrows to turn others into human pincushions. Hitboxes did seem a little off, especially against bots. Attacking someone from behind just seemed to fail all the time, and sometimes attacks seemed to phase into opponents or miss. It worked fine when I tried some old-fashioned fisticuffs against other players though, so maybe this is a skill issue on my end or something specific to bots. Crafting is fairly simple. You gather resources from the surroundings using tools or fists, then open the crafting menu and get to it. It's added to a queue so you can walk around doing other things while it all finishes in the background. You can also build workshops, like a forge to smelt those gold coins you find into gold ingots, used in the research tree to unlock more crafting recipes. The play session itself ran rather smoothly as we were shown around some player-built structures, from small huts to towering castles, which the devs say won't take an excessively long time to build. After that there was a small attack vs defence raid which the defence team — which I was on — handily lost. Then there was some building of simple huts and some small player scuffles before the session wrapped up. Altogether, I was rather impressed by what I saw. It wasn't perfect by a long shot but clearly something that passionate people had built. I'm not sure about the game's concept of a maintenance tax, essentially an expanding drain on resources to keep your buildings alive. Basically, this puts a theoretical cap on building size, as eventually you won't be able to support the drain. On the plus side, it keeps large clans from just building a massive base while not locking out smaller clans or solo players from building. In my personal testing, tossing a few stacks of wood in would keep my little shack going for several days. It's an early alpha build so there is clearly a lot to be done. The interactions you can make with the world felt obtuse for no reason. You use Q and R to scroll up and down a list, but R for some reason opens the crafting menu by default! Why not just use the scroll wheel? It was really janky and I never got used to it. You could also rotate items in the inventory using the same R button. It's mad! Of course, no early access game is without a bug or 10 and Renown is no exception. For some reason, items got stuck in my inventory and I was unable to move or drop them, so they just took up space forever. I somehow dislocated my arm in game and was unable to do anything until the kind player I was beating in a fight punched me out of it. My personal opinion is that Renown has a solid foundation but needs a lot of polish before release. So far, its neat concept and fun combat are covered with a layer of strange jank and an unpolished sheen. But clearly, the devs just want players to build big castles and smash armies together and have fun. I can deeply respect that. Renown is slated for early access release on PC in Q3 2025. By Michael Robertson

US 'will sell so much' beef to Australia after relaxed restrictions: Trump
US 'will sell so much' beef to Australia after relaxed restrictions: Trump

Otago Daily Times

time2 days ago

  • Otago Daily Times

US 'will sell so much' beef to Australia after relaxed restrictions: Trump

The United States will sell "so much" beef to Australia, US President Donald Trump said today after Canberra relaxed import restrictions. He added that other countries that refused US beef products were on notice. Australia on Thursday said it would loosen biosecurity rules for US beef, something analysts predicted would not significantly increase US shipments because Australia is a major beef producer and exporter whose prices are much lower. "We are going to sell so much to Australia because this is undeniable and irrefutable Proof that US Beef is the Safest and Best in the entire World," Trump said in a post on Truth Social. "The other Countries that refuse our magnificent Beef are ON NOTICE," the post continued. Trump has attempted to renegotiate trade deals with numerous countries he says have taken advantage of the United States – a characterisation many economists dispute. "For decades, Australia imposed unjustified barriers on US beef," US Trade Representative Jamieson Greer said in a statement, calling Australia's decision a "major milestone in lowering trade barriers and securing market access for US farmers and ranchers." Australia is not a significant importer of beef, but the United States is, and a production slump is forcing it to step up purchases. Last year, Australia shipped almost 400,000 metric tons of beef worth $US2.9 billion ($NZ4.8 billion) to the United States, with just 269 tons of US product moving the other way. Australian officials say the relaxation of restrictions was not part of any trade negotiations but the result of a years-long assessment of US biosecurity practices. Canberra has restricted US beef imports since 2003 due to concerns about bovine spongiform encephalopathy (BSE), or mad cow disease. Since 2019, it has allowed in meat from animals born, raised and slaughtered in the US but few suppliers were able to prove that their cattle had not been in Canada and Mexico. On Wednesday, Australia's agriculture ministry said US cattle traceability and control systems had improved enough that Australia could accept beef from cattle born in Canada or Mexico and slaughtered in the United States. The decision has caused some concern in Australia, where biosecurity is seen as essential to prevent diseases and pests from ravaging the farm sector. "We need to know if [the government] is sacrificing our high biosecurity standards just so Prime Minister Anthony Albanese can obtain a meeting with US President Donald Trump," shadow agriculture minister David Littleproud said in a statement. Australia, which imports more from the US than it exports, faces a 10% across-the-board US tariff, as well 50% tariffs on steel and aluminium. Trump has also threatened to impose a 200% tariff on pharmaceuticals. Asked whether the change would help achieve a trade deal, Australian Trade Minister Don Farrell said: "I'm not too sure." "We haven't done this in order to entice the Americans into a trade agreement," he said. "We think that they should do that anyway."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store