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Planned ASX blockchain upgrade is costing its members millions

Changing stock prices

The Australian Securities Exchange’s (ASX) upgrade to distributed ledger technology is costing members millions of dollars, according to Judith Fox, CEO of the Stockbrokers and Financial Advisers Association (SAFAA).

Australia’s largest exchange and seventh in terms of global...

PayPal scraps annual purchase limit of cryptocurrency

PayPal Office, Dublin

PayPal has announced its annual purchase limit of $50,000 (£36,500) for Bitcoin and other digital assets is being removed.

Similarly, the platform’s weekly purchase limit is being raised fivefold from $20,000 (£14,500) to $100,000 (£73,000).

Jose Fernandez da Ponte,...