#CryptoCorner: Binance Launches Cash-to-Crypto Service in Australia, CoinMarketCap Announces Crypto Indices Listed with Major Exchanges
#CryptoCorner:
Binance Launches Cash-to-Crypto Service in
Australia, CoinMarketCap Announces Crypto Indices Listed with Major Exchanges
Point Roberts WA, Delta BC , March 20, 2019
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March
20
Crypto Corner
Binance Launches Cash-to-Crypto Service in
Australia, CoinMarketCap Announces Crypto Indices Listed with Major Exchanges,
UK Parliament Sees Blockchain Tech Showcase and Avnet Collaborates with BitBay
to Allow Crypto Purchases
Stocks discussed: (NYSE:ORCL) (NasdaqGS:AVT)
Binance has launched a cash-to-crypto
service in Australia that allows users to purchase crypto at 1300 of the
country’s newsagents. Known as Binance Lite Australia, the service enables
users to order the desired amount of crypto through an online account, and have
it deposited at the nearest newsagent to collect. Wei Zhou, Binance CFO, said:
“Binance Lite Australia further expands
digital currency adoption by providing easier ways to buy bitcoin. We are
excited to continue to roll out more fiat to crypto gateways around the world
to support the growth of our industry. We firmly believe that more adoption
will lead to more innovation and more economic opportunities.”
Coindesk reports that
CoinMarketCap has announced two cryptocurrency indices to be featured on
financial data feeds from Nasdaq Global Index Data Service (GIDS), Bloomberg
Terminal, Thomson Reuters Eikon (Refinitiv) and Germany’s Börse Stuttgart, as
well as its own data feed. One, the CMC Crypto 200 Index (CMC200), will include
Bitcoin (BTC) and “90 percent
of the global cryptocurrency market”. The second, CMC Crypto 200 ex BTC Index
(CMC200EX), will track the crypto market without Bitcoin.
On Monday the U.K.
Parliament was presented with a blockchain technology showcase, according to a
report from CoinBeat. The showcase was
put together by the All-Party Parliamentary Group on Blockchain (APPG
Blockchain), and featured major industry players IOTA, Oracle (NYSE:ORCL), Everledger and
Lloyd’s of London. Blockchain research and project manager at Big Innovation
Centre, Fernando Santiago, said:
“This is a pivotal moment for UK, which
could define our future leadership in governance, commerce and competition.”
Yesterday, global
tech solutions firm Avnet (NasdaqGS:AVT) announced a collaboration with crypto
payments provider BitPay, that allows the former to accept payments for its
products and services in Bitcoin and Bitcoin Cash (BCH). Sonny Singh,
chief commercial officer, BitPay, commented:
“As one of the largest global technology
solution providers on the Fortune 500 list, Avnet is truly an innovative
company that listens to the needs of their customers, as demonstrated by their
decision to accept bitcoin payments. Not only is paying with bitcoin easier and
faster than with credit cards and bank wires, it is less expensive and
acceptance of it is growing. I predict Avnet will attract many new
blockchain-focused customers from around the world that want to take advantage
of paying with bitcoin.”
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
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