#CryptoCorner: Monex to Acquire Coincheck, South Korean Bank Supports #Crypto Initiatives and Arizona Passes Pro-Blockchain Law


#CryptoCorner: Monex to Acquire Coincheck, South Korean Bank Supports #Crypto Initiatives and Arizona Passes Pro-Blockchain Law




Point Roberts, WA, Delta BC – April 6, 2018 -  Investorideas.com, a leader in crypto and blockchain investing news reports on what’s driving the cryptocurrency markets with today’s edition of Crypto Corner.

Crypto Corner – April 6, 2018
By Samuel Mowers at Investorideas.com 


Monex to Acquire Coincheck, South Korean Bank Supports Crypto Initiatives and Arizona Passes Pro-Blockchain Law

Monex Group, a Japanese financial services provider, has announced the 100 percent acquisition of cryptocurrency exchange Coincheck today.

The press release explains Monex Group’s acknowledgement of the disruptive power of cryptoassets and their intent to integrate blockchain into their company vision.

“We recognize blockchain technology and cryptocurrencies as next-generation technologies and platforms which are likely to drastically change the way people approach money. Therefore, since we announced “MONEX’s new beginning” last October, we have considered entering the cryptocurrency exchange business and set up the Monex Cryptocurrency Lab to grow our business based on these new technologies.”

The planned execution of share acquisition is planned for April 16, whereupon “directors and corporate auditors will be appointed.

South Korea’s second-largest bank, Shinhan, has completed a memorandum of understanding (MoU) with Ethereum-based payments platform OmiseGo. Omise founder and CEO Jun Hasegawa explained the company’s vision:

“Omise and OmiseGO are working to revolutionize the way digital value moves globally, with an end goal of creating a platform that facilitates a decentralized economy.”

CCN reports that Shinhan has also started developing a bitcoin wallet and vault system. Quoting a translation of a Shinhan representative comment in Naver:

“Shinhan is testing a virtual bitcoin vault platform wherein the private keys of bitcoin addresses and wallets are managed and issued by the bank. The bank intends to provide the vault service for free and charge a fee for withdrawals.”

Arizona House Bill 2603, which allows corporations to hold and share data on a blockchain,was signed into law recently. The bill was introduced by Rep. Jeff Weninger along with House Bills 2601 and 2602, which have yet to be passed. In a piece on the subject, Cointelegraph reports:

HB 2602 and HB 2601 are both awaiting a third reading in the Arizona Senate. The former would prohibit towns from restricting cryptocurrency mining in residences, while the latter aims to address securities and crowdfunding, recognize a “virtual coin” as “a digital representation of value”, and authorize its function as a medium of exchange in digital trading.”


Get the Crypto Corner News by email Get Crypto Corner News


Crypto Corner Sponsors:

Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations.  https://www.fliptopay.com/











Investorideas.com is a leader in Blockchain content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com


Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure:  this newsletter is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and   . More info: http://www.investorideas.com/About/News/Clientspecifics.asp

Contact us about newsletter sponsorship opportunities - 800 665 0411 or by email


Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Contact Investorideas.com  
800-665-0411



Comments