In Greece, the former finance minister, Yanis Varoufakis, came forward and voiced his sentiments about the world’s leading cryptocurrency. By an open letter published on July 27, Yanis Varoufakis stated that Bitcoin’s substitution as fiat currency would not be a good idea, since the crypt would only make “capitalism uglier, nastier and more dangerous for […]
Fiat Gateway
Binance’s Fiat Gateway Wing Banxa Secures Millions in its First Funding Round
Binance crypto exchange’s fiat gateway partner Banxa to create the U.K.’s Faster Payment Scheme for transferring Pounds (GBP) following the successful completion of the funding round. The funding further aims to strengthen Euro (EUR) and the Australian Dollar (AUD). Essentially, Banxa provides fiat gateway infrastructure for the cryptocurrency exchange. The firm successfully raised $2M in […]