Originally published: BeInCrypto, 18 August 2022
Crypto.com and Australian fintech company DataMesh announced the first scalable payments solution under a new partnership to allow everyday payments via crypto.
The collaboration is set to allow digital payments for some outlet purchases in Australia without the need to convert the funds into fiat. However, notably, the securities watchdog had also raised fresh warnings around large crypto ownership and lack of regulations just last week.
The firms cited a survey by independent research company Pureprofile that outlines the demand and obstacles of cryptocurrency as a daily payment solution.