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Bitcoin Cash holds hardfork, its price increased by 54%. Australia Post launches Digital iD, a Swiss bank starts selling tokens to customers./p>
On November 15, the next hardfork Bitcoin Cash blockchain is scheduled. This is a traditional situation for the coin, it is updated twice a year. However, this time several factors led to an increase in BCH. NChain is expected to use this situation to release a new coin. That is, the owners of Bitcoin Cash will receive two assets at once. They will keep their wallets in BCH and will purchase an additional product from nChain.
No less significant was the fact that the largest cryptoexchange in the US Coinbase supported hardfork. This led to an increase in BCH of 15% per day, and a weekly increase was 54%. However, after November 15, the situation will be unpredictable, so many financial institutions temporarily freeze accepting payments in Bitcoin Cash.
More about hardfork Bitcoin Cash
The laws of Australia require confirmation of the client’s identity when conducting transactions with cryptocurrencies. This leads to the fact that to register on the trading platform users have to go through a complicated procedure. Sometimes it is delayed for several days or even weeks.
Now the situation is changing radically, the Australian Post is launching the Digital iD service. Each user will be able to get a digital identifier from the nearest post office or via the Internet, which will simplify the registration procedure. Now it will take only a few minutes, which will greatly simplify cooperation with trading platforms.
Swissquote Swiss Bank offers services unusual for a credit institution. It was one of the first in the industry to allow customers to buy and sell cryptocurrency, and now they have decided to expand the range of opportunities here.
The bank offers its customers to become the owner of tokens through the ICO procedure. The first item to purchase may be LakeDiamond. This startup will produce artificial diamonds. Now it is collecting funds for the purchase of equipment. Bank customers will be able to purchase tokens with a bonus of 10%. However, it is necessary to take into account the fact that the new owners will not be able to realize the asset, such an opportunity will appear only in the spring of 2019.