#CryptoCorner: #XRP Trading Goes Live on #Coinbase Pro, Swiss Bank Partners to Allow #Crypto Trading, Ukraine Develops CBDC
#CryptoCorner:
#XRP Trading Goes Live on #Coinbase Pro,
Swiss Bank Partners to Allow #Crypto Trading, Ukraine Develops CBDC
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tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch
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February
26
Crypto Corner
XRP Trading Goes Live on Coinbase Pro, Swiss Bank
Partners to Allow Crypto Trading, Ukraine Develops CBDC and Electroneum Creates
$80 Android Phone that Pays Users in Crypto
Crypto exchange
giant Coinbase yesterday launched XRP trading on the
Coinbase Pro platform. The inclusion of XRP, currently the third largest crypto
by market cap according to data from CoinMarketCap, has been long
anticipated from Coinbase. XRP is not yet available to buy, sell or trade on
any other Coinbase platforms, but a separate announcement will me made for them
at a later date, according to the blog post.
Swiss bank giant
Julius Baer has announced a partnership with
crypto startup SEBA Crypto. The partnership will see Julius Baer offer a range
of new services, including storage, transaction and investment solutions for
digital assets. The partnership will come into effect once SEBA, founded in
April 2018, is granted a banking and securities dealer licence from the Swiss
Financial Market Supervisory Authority (FINMA). Peter Gerlach, Head of Markets
at Julius Baer said:
“At Julius Baer, we are convinced that
digital assets will become a legitimate sustainable asset class of an
investor’s portfolio. The investment into SEBA as well as our strong
partnership are proof of Julius Baer’s engagement in the area of digital assets
and our dedication to make pioneering innovation available to the benefit of
our clients.”
CCN reports that
Ukraine has developed a central bank digital currency (CBDC). The E-Hryvnia –
the digital version of the country’s official currency – has passed the pilot
phase from the National Bank of Ukraine, who said that they would now
investigate further uses for the token. The bank’s payment systems director Alexander
Yablunivsky explained that the E-Hryvnia was not a cryptocurrency:
“We
are not talking about cryptocurrency, we are talking about digital currency of
the central bank. It can be implemented on both the centralized registry
technology and the decentralized one. This is a completely separate issue,
which follows from the target model chosen.”
Electroneum, a
blockchain startup, has just introduced the M1, an Android
phone that rewards users with cryptocurrency. According to the announcement,
the phone, which only costs $80, was designed for people in developing
countries. Through cloud mining, the M1 allows users to earn up to $3 of
Electroneum’s native ETN token every month.
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
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