Ripple Clear To Provide Services In This Country, More Details Here
Payment company Ripple continues to score victories worldwide and expand its services. The Brad Garlinghouse-led company celebrated two major milestones yesterday, one within its borders, the United States, and the second in Asia. Related Reading: Ripple Vs. SEC: Key Dates To Watch Post-Interlocutory Appeal Win Ripple Takes Over Asia According to an official announcement, the […]
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India’s tax authority has reportedly asked major cryptocurrency exchanges in the country to provide information pertaining to the coins traded on their platforms. The tax authority is also evaluating the taxability of crypto transactions to determine if the goods and services tax (GST) can be applied to them. Indian Crypto Exchanges to Provide Details of Coins Traded on Their Platforms to Tax Authority India’s Central Board of Indirect Taxes and Customs (CBIC) has asked major Indian crypto exchanges to provide details about the cryptocurrencies traded on their platforms, Business....
Apparently, there are some very angry feelings between payment network startups Ripple and Stellar, and the New York Observer has published a 15,000 word article spilling all the juicy details. Apparently, Ripple and Stellar were going out for quite some time. They were thought to be the cutest couple by all of their friends, and their families were sure an engagement was imminent, but then it turned out that Stellar was cheating on Ripple with a bitcoin mining operation all this time. Ripple discovered the sensual love letter hidden in a closet and decided to confront Stellar a week....
The global remittance giant Western Union might use the digital currency ripple in a pilot program. Western Union has confirmed it is currently in talks with Ripple Labs, the company behind the digital currency, but details remain scarce. However, if the program comes to fruition, it would be a landmark moment for ripple and the larger digital currency industry. Vice President of Marketing and Communications at Ripple Labs Monica Long did not confirm the details of the project but did add, "In general, financial institutions and networks use Ripple as a technology that powers real-time....
Ripple failed to clear the $0.2450 resistance and declined sharply against the US Dollar. XRP price is now trading below the $0.2380 support and remains at a risk of a drop to $0.2200. Ripple is down more than 4% and it failed to clear the main $0.2450 resistance against the US dollar. The price is […]
Ripple Labs, the company that was expected to offer a stiff competition to Bitcoin with its Ripple (XRP) digital currency and Ripple Protocol seems to have fallen behind. Thanks to the recent crackdown by US Financial Crimes Enforcement Network (FinCEN) where Ripple was slapped with a $700,000 fine for non-compliance of regulations while operating as a money services business and selling its virtual currency. FinCEN had found that the parent company of Ripple Labs - XRP II, LLC had willfully violated the Banking Secrecy Act by not implementing effective Anti-Money Laundering (AML) program.....