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Tagged: survey report

Binance Forced to Temporarily Suspend Withdrawals due to Record Levels of Platform Activity after Elon Musk Adds Bitcoin to his Twitter Bio

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Binance, the world’s largest digital asset exchange in terms of volume and scope of operations, recently revealed that a sudden rush of new users on its platform had put its systems under a lot of stress and overload, leading it to temporarily suspend withdrawals. Binance… Read More

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Majority of ASEAN Region Fintech Firms are Planning to Raise Additional Funds while Expanding Operations in 2021: Report

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Four in five or 80% of Fintech companies in the ASEAN region are focused on expanding their operations following the COVID-19 outbreak. ASEAN member countries include Brunei, Burma (Myanmar), Cambodia, Timor-Leste, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand and Vietnam. A report from UOB, PwC… Read More

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Fintech Adoption in China Remains Strong due to Increased Use of AI, Digital Wallets, WealthTech, Robo-Advisory Services by Businesses: Report

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Guided by the government’s Fintech focused development plan and innovation strategy, China is reportedly leading the charge when it comes to establishing financial technology businesses in the country. A recent survey of business Fintech usage, performed by CPA Australia, an established accounting firm, reveals that… Read More

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