Following are the major Bitcoin news of the day
Independent Reserve Launches New Bitcoin Exchange in Australia
Australian company Independent Reserve recently launched a new multi-currency Bitcoin exchange that enables users to trade Bitcoin with Australian and US dollar. The decision to launch a new exchange came in the wake of falling AUD value against the USD, the CEO Adrian Przelozny explained. “We have created a distinct pool within the exchange whereby people can trade Bitcoin in AUD without losing any value in currency conversion. It’s a big win for Australians.” You can read the full report here.
Ripple Labs to Assist Western Union for Pilot Program
Creator of the payment protocol Ripple, Ripple Labs, recently announced that it will be offering its assistance to Western Union in creating a real time payment infrastructure. The step ensures Ripple Labs its biggest business leap ever, in which it will have the opportunity to limelight its talent to the rest of the remittance and banking industry. Western Union, on the other hand, would be able to taste the credibility of Bitcoin-based protocols after being a denial mode for an extensive time. You can read the full report here.
Coinbase Expands to UK
Taking some territorial advantages over its competitors, Bitcoin wallet and exchange Coinbase recently announced to enter the UK digital currency market. The company informed the users about their ability to purchase and sell Bitcoins with Sterling, Euros and Pounds. You can read the full report here.