Binance Australia’s Payment Suspension Sparks Debate, Industry Remains Optimistic
Firms commented after yesterday's incident And say Australia's crypto flight is normal The news that Binance Australia has suspended local currency deposits via PayID was hotly debated online yesterday. The reason was the provider Westpac, which refused to coo ...
Blockchain in Traditional Finance Could Save Industry Participants $120 Billion Annually, Study Finds
According to a study by the Global Financial Markets Association (GFMA), the use of blockchain in the traditional financial industry could save industry participants up to $120 billion a year. The report, which also involved specialists from Boston Consulting Group, asks ...
Survey Shows Payment Providers Believe Cryptocurrencies Can Enhance Traditional Finance
As per a survey by Ripple and Faster Payments, 300 payment providers from 45 countries opine that blockchain technology and cryptocurrencies have the potential to enhance the traditional finance industry. The interviewed providers believe that cryptocurrencies can offer faster payment and settlem ...