#CryptoCorner; #Japan’s SBI Holdings Launch #Crypto Exchange, #Coinbase Expanding to Japan and Ripple Launches $50 Million USD University Initiative
#CryptoCorner; #Japan’s SBI Holdings Launch #Crypto
Exchange, #Coinbase Expanding to Japan and Ripple Launches $50 Million USD
University Initiative
Point Roberts, WA, Delta BC – June 4, 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.
Read this in full at http://www.investorideas.com/news/2018/crypto-corner/06041JapanCoinbaseRipple.asp
Japan’s SBI Holdings Launch Crypto Exchange, Coinbase Expanding to Japan
and Ripple Launches $50 Million USD University Initiative
Japanese financial services giant SBI Holdings has announced the launch of “VCTRADE”, its new cryptocurrency exchange today. While
service is ready “for customers with more than 20,000 people who applied for
account opening with advance reservation”, general registration is open as of
July this year. The announcement indicates that the exchange is initially supporting
Ripple (XRP) but more cryptocurrencies will follow.
“As a handling virtual currency, we are planning to
handle XRP first and then expand it to bitcoins (BTC) and bitcoin cash (BCH)
sequentially.”
U.S. cryptocurrency exchange giant Coinbase will be
expanding to Japan, according to a report in Cointelegraph today. As per mandate, Coinbase will apply for licensing through the
country’s Financial Services Agency (FSA) “within the year”. Cointelegraph
reports:
“Mitsubishi
UFJ Financial Group (MUFG) on its expansion to the Japanese market. According
to CT Japan, MUFG has invested over 1 bln yen in Coinbase since 2004 through
Mitsubishi UFJ Bank and Mitsubishi UFJ Capital, among others.”
Ripple (XRP) has
announced its University Blockchain Research Initiative (UBRI) today, in which
it “has committed over $50 million in funding, subject matter expertise and
technical resources” to”17 prestigious institutions around the world”. Apart
from fostering education about blockchain technology and encouraging adoption,
Ripple lists some key objectives of UBRI:
●
Collaborate on
research and technical development that will stimulate widespread understanding
and innovation in blockchain.
●
Create new
curriculum to meet high student demand for learning about blockchain,
cryptocurrency and other FinTech topics.
●
Stimulate
ideas and dialog among students, faculty, technologists and business leaders on
topics of shared interest.
Sam Mowers, Investorideas
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