Will Ripple be able to replace SWIFT?
Ripple’s digital token, XRP is only one of its many products. Most of the company’s focus is on developing solutions for banks and financial institutions in order to be able to replace the SWIFT system with RippleNet.
Binance claims 240,000 new users in one hour after relaunching service
Binance moved to Tokyo after China banned crypto trading, and is becoming the busiest exchange in the world just five months after launching its services. Following a period of downtime due to software update procedures, 240,000 new account were created on Binance’s platform, according to the exchange’s CEO.
Everything you need to know about Zcash
A complete guide to all you need to know about Zcash. Here, we explore the history of Zcash, the best wallets, how to buy and sell Zcash, and much more. Zcash is by far one of the cryptocurrencies that promote totally anonymous transactions.
South African business school begins accepting bitcoin for tuition
Red & Yellow becomes first higher education institute in Africa to accept cryptocurrency. The South African business school decided to accept bitcoin payments for its tuition fees.
South Korea appeals to 25 countries to control crypto craze
The South Korean government has urged financial regulators all over the world including those from the United States, China, South Africa, and Russia, as well as several organizations and central banks, to join their endeavor in curbing cryptocurrency trading.
Australia tax office convenes task force to write crypto policy
Australia, like other countries, is struggling to tax cryptocurrency and keep track of transactions on popular coin exchanges. Australian tax experts are unlikely to treat cryptocurrencies as currencies. Instead, cryptocurrencies are treated as financial assets, akin to stocks and bonds. Prior to July 1, 2017, cryptocurrencies were subjected to GST – Australia’s goods and services tax.
Telegram plans to launch the world’s biggest ICO presale
The popular chat app, Telegram, is orchestrating the world’s single largest ICO presale, which is likely to raise millions of dollars. The messaging service will issue their very own tokens, called the ‘gram’. Users will be able to spend their tokens on various services offered by the Telegram app.
