Binance Expands Payment Options with Apple Pay and Google Pay as WazirX Gains Creditor Approval for Restructuring

In a significant development for the cryptocurrency sector, WazirX has secured overwhelming creditor support for its restructuring plan, while Binance enhances user convenience by integrating Apple Pay and Google Pay. This dual update marks a pivotal moment for both platforms, signaling resilience and innovation in the digital asset space.

Is WazirX About to Make a Comeback?

WazirX has gained major support for its restructuring plan, with 94.6% of voting creditors (by claim value) approving it. A total of 141,476 creditors voted, representing over $195.6M in approved claims. Of them, 93.1% voted in favor by count. The approval far exceeds the required threshold under Singapore law. With strong backing, Zettai is now moving the proposal forward to the Singapore Court for formal approval.

Binance Integrates Apple Pay and Google Pay via Deal with Worldpay

Cryptocurrency exchange Binance has expanded its fiat gateway with Worldpay, enabling users to purchase crypto using Apple Pay or Google Pay through its fiat onramp system. According to a Monday press release, the addition of these payment options is more than just a technical update and reflects Binance’s commitment to meeting users where they are, bringing web3 to them on their terms. The partnership is especially impactful in regions where credit card usage is limited but mobile penetration is high.