- SBI Holding’s Money Tap Announces Agreement Amongst 13 Banks To Accept Investments
SBI Holdings launched a new app called Money Tap Co. Ltd, otherwise known simply as Money Tap, as a way for smartphones to transfer money. The entire program is built on distributed ledger technology that sends transactions quickly and helps to expand cash flow for smartphones, banks, and general users.
On March 28th, the company announced 13 banks that would be accepting investors. This addition makes it possible to transfer money between individuals directly, and also between banks.
[Source: Bitcoinexchangeguide] ✩✩✩✩✩
2. TRON Foundation acquires first global blockchain app store CoinPlay
Tron Foundation has been proactively promoting blockchain technology. Despite Tron [TRX] being pushed out of the top 10 cryptocurrencies, the Tron Foundation is working to develop the Tron ecosystem. The Foundation’s recent CoinPlay acquisition is one such development.
CoinPlay, an online digital coin mining platform designed for new miners, was acquired by Tron. After the BitTorrent acquisition, CoinPlay is a step ahead for Tron as CoinPlay is the first global blockchain app store. Tron Foundation’s Founder and CEO, Justin Sun, made the announcement on Twitter,
[Source: AMBCrypto] ✩✩✩✩
3. Japan: Largest Railway Company JR East Considers Accepting Crypto For The Whole Nation
The Japanese crypto scene is developing at an exponential rate as friendly crypto regulations are established, banks begin to launch their own stablecoins, a slew of new Japanese crypto exchanges come into play, and so much more.
The latest development to come out of the crypto-friendly nation is from the East Japan Railway Company (JR East) who will soon enable Japanese commuters and tourists alike to pay for their journeys with a variety of cryptocurrencies and stablecoins.
[Source: InvestInBlockchain] ✩✩✩✩✩
4. Canada: Ontario Town Approves Pilot Program for Paying Property Taxes With Bitcoin
The Ontario town of Innisfil, Canada, is now running a pilot program which will enable residents to pay property taxes with cryptocurrencies. The Innisfil Council voted to approve the program on March 27.
[Source: Cointelegraph] ✩✩✩✩✩
5. CEOs of Mastercard and Wells Fargo Concur on Blockchain’s Long Term Potential
Top execs at Mastercard and Wells Fargo agreed that blockchain technology has long-term potential, but it has not been realized to date, CNBC reports on March 28.
Wells Fargo CEO Tim Sloan and Mastercard CEO Ajaypal Banga concurred that the potential of distributed ledger technology (DLT) is yet to pay off, but that there are still no clear business use-cases as of now. The executives made their comments to CNBC at the Fintech Ideas Festival on Wednesday.
[Source: Cointelegraph] ✩✩✩✩✩
6. Avalon Bitcoin Miner Maker Canaan Is Plotting Another IPO Attempt
Canaan Creative, manufacturer of the Avalon bitcoin miner, is considering another attempt to go public, people familiar with the situation said.
According to one source, the company’s main shareholders are discussing a plan to list its shares on the newly created Science and Technology (Sci-Tech) Innovation Board within the Shanghai Stock Exchange.
[Source: Coindesk] ✩✩✩
7. German Stock Exchange Börse Stuttgart To Develop Blockchain-Powered Trading Platform
Börse Stuttgart, Germany’s second-largest stock exchange, plans to collaborate with digital publisher Axel Springer and finanzen.net, the country’s popular online financial news site, to develop a trading platform powered by blockchain technology.
[Source: ETHNews] ✩✩✩✩✩
8. Hester Peirce (Crypto Mom) Believes the SEC Can Provide Better Guidance by Picking Up the Pace
Hester Peirce, the Commissioner of the SEC, became popular in crypto culture last year after she voiced her opposition for the agency’s choice to reject the request for a Bitcoin exchange-traded fund. The community adopted her as their “Crypto Mom,” and it appears that the former lawyer has the greatest appreciation for the SEC’s five commissioners, showing that she is someone who will champion for their victories.
[Source: Bitcoinexchangeguide] ✩✩✩
9. Russian Mining Giant to Tokenize Palladium
Russian billionaire Vladimir Potanin is planning to create cryptocurrency tokens backed by palladium, Bloomberg reported on March 27.
Potanin — who is CEO of the Russian nickel and palladium mining and smelting company MMC Norilsk Nickel PJSC (Nornickel) — plans to deploy cryptocurrency tokens for trading palladium through a Switzerland-based palladium fund, and wants to launch several digital platforms.
[Source: Cointelegraph] ✩✩✩✩
10. Crypto Gift Cards Can Now Be Used For Reservations on Airbnb
Digital gift cards and mobile phone refill provider Bitrefill has added an option to make Airbnb reservations with cryptocurrency, Bitrefill announced in al tweet on March 27.
Per the announcement, customers can now pay for their bookings with Bitcoin (BTC), Ethereum (ETH), Dash (DASH), Litecoin (LTC), and Dogecoin (DOGE). The card is technically a voucher product, meaning that customers purchase a U.S. dollar equivalent for Airbnb with cryptocurrencies and subsequently receive a voucher code to use on the platform. As such, Airbnb itself does not accept or handle the cryptocurrency.
[Source: Cointelegraph] ✩✩✩
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