Tag: crypto adoption and usage

Westpac Bank bans Binance exchange from Australia

Westpac Bank has announced the official ban of Binace from the Australian Payment Service. Westpac Bank teamed with the National Australia Bank to...

Renewed hope for crypto regulation in Kenya

Crypto adoption and usage have remained on the rise as Kenyan investors explore new ways to preserve their wealth and carry out international transactions for individual remittances and commercial purposes, including importing goods. Crypto experts have touted the payment of imports through digital currency as quick and convenient. People do not have to buy dollars using Kenya shilling or transfer money to cash transfer firms. Nevertheless, Kenyans, mainly the youth, have previously lost their hard-earned millions in crypto scams due to a lack of regulation in the sector.