Japan’s SBI Group Goes Live With its Crypto Exchange
The launch was expected last month but got delayed due to some security concerns following the Coincheck hack.
- Rosemary Tomichan
- Jun 04, 2018
Cryptocurrency is a hidden, secure form of token that carries a monetary value. Bitcoins, Ethereum, Litecoins and various other similar terms that you hear, fall under the broad umbrella of Cryptocurrencies. Most of the cryptocurrency trades are recorded on a blockchain that forms a decentralized system. This is one of the reasons why it has become so popular in recent times.
Related Links: Cryptocurrency Beginner's Guide
The launch was expected last month but got delayed due to some security concerns following the Coincheck hack.
As per some media reports, the company is in discussion with various investment banks for the same.
Last month, Venezuela offered India a discount on crude oil if the country pays them in Petro cryptocurrency. However, India has declined Venezuela’s offer.
Huobi has launched an Exchange-Traded Fund - the HB10 ETF - which the company claims to be the world’s first Exchange-Traded Fund for retail investors!
China might soon reverse their draconian ban on crypto businesses - rumours intensify after Chinese President lauds blockchain tech in a recent speech.
Well-known Ripple investor Matthew Mellon passed away on the 16th of April earlier this year, leaving behind an irrecoverable $500 Million in crypto investments
Currently based on an Ethereum blockchain as an ERC-20 token, starting today, the 31st of May, Tron has begun its migration to its own public blockchain.
A draft law in Israel will bring in new reporting requirements for the Financial Service Providers to report the cryptocurrency activity of their clients.
Propy Inc, a real-estate agency in California is looking forward to selling a 27 acre piece of land in exchange for Bitcoin, Ethereum or Ripple payments.
The Bank of England has had a flip-flopping stance when it comes to cryptocurrencies. However, it appears that they are now open about the possibility of CBDCs.