Days of cash payments numbered as 19% of Aussie wallets go digital
New research shows that 19% of Australians – equivalent to about 3.7 million – now use digital wallets such as Apple Pay, Google Pay, and Samsung Pay.
PayPal to allow buying and selling of Bitcoin
Online payments platform PayPal will soon let its users buy, sell, and hold Bitcoin, Bitcoin Cash, Litecoin, and Ethereum on their accounts.
Square buys $50 million in bitcoin as part of larger investment in cryptocurrency
Payments platform Square has purchased US$50 million (AUD70m) in bitcoin, part of its larger investment in cryptocurrency
Where can you use bitcoin?
By using bitcoin as a way of paying transactions, the cryptocurrency may become a standardised way of paying for groceries or buying cars.
Central bank digital currency could be Australia’s monetary future
Central banks have an opportunity to innovate to keep pace with the changes in digital finance and a central bank digital currency is a potential solution.
Only 2.5 million Bitcoin left to mine
With only 21 million Bitcoin (BTC) to be issued, a little under 2.5 million BTC remains for mining.
Swyftx adds 47 new cryptocurrencies to the line-up for 176 total
Australian cryptocurrency exchange Swyftx has added 47 new cryptocurrencies to its already expansive line-up, which now totals 176 cryptocurrencies.
Binance Australia partners with Blockchain Australia to advance adoption
Binance Australia will assume a seat on Blockchain Australia, alongside other local industry experts, with the aim of advancing blockchain adoption.