Binance Australia announced this Friday that it has partnered with Blockchain Australia, an industry body for Australian businesses and professionals in the blockchain space, to help advance the adoption of blockchain technology in the country.
As part of the partnership, Binance Australia will assume a seat on Blockchain Australia, alongside other local industry experts, with the aim of advancing blockchain adoption.
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In a statement from Binance, the largest cryptocurrency exchange in terms of trading volume according to CoinMarketCap, the Chief Executive Officer (CEO) of the companies operations in Australia, Jeff Yew, said he is committed to working with industry peers to facilitate discussion and education to advance the use of blockchain technologies in Australia.
Commenting on the announcement, Yew continued in the statement: “Australia needs to seize the opportunities presented by blockchain technology and digital currencies, which is why we’re so thrilled to join Blockchain Australia to use our voice to work with industry to promote a continued focus on financial services innovation.
“Since our launch to market earlier this year, we have partnered with leading associations to establish Binance’s position at the forefront of the industry and build meaningful relationships with peers, regulators, and policymakers. We’re enthusiastic about the role Binance will play in the future of blockchain within Australia.”
Blockchain Australia Welcomes Binance Australia
The CEO of Blockchain Australia, Steve Vallas, said in the statement that he was pleased to welcome Binance Australia to the industry network.
“To ensure we can continue to effectively build awareness and drive uptake of blockchain technologies in Australia, it is vital we partner with industry leaders across the economy,” Vallas added.
“That’s why we’re extremely excited to welcome Binance Australia on board as our newest member, bringing additional cryptocurrency expertise and international connections to our membership base.”
As Finance Magnates reported, Binance Australia, a fiat-to-crypto trading platform, launched in July of this year. The trading platform allows Aussies to buy and trade digital currencies with their local currency – the Australian dollar (AUD).