– Estonia has renounced plans to establish a national cryptocurrency
– Japanese banking conglomerate SBI Holdings will be launching its own crypto exchange VCTRADE
– HitBTC, a crypto exchange, has stopped dealing with Japanese residents
– Ripple is launching the University Blockchain Research Initiative (UBRI), an educational fund, with a starting capital of $50 million
Estonia has renounced plans to establish a national cryptocurrency after Mario Draghi, head of the European Central Bank, and other banks executives criticised the idea. Digital tokens Estcoin will now be given to e-residents, foreigners who register a company in Estonia remotely.
Kaspar Korjus, the author of the Estcoin plan, said that, while Estcoin could help e-residents provide each other with work or advice, it “would definitely not be a national ‘cryptocurrency’.”
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Japanese banking conglomerate SBI Holdings will be launching its own crypto exchange VCTRADE. At first it will trade XRP, but plans to add BTC and BTH soon after.
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Abic, a Japanese corporation, started issuing loans in Japanese yens, backed by bitcoin.
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HitBTC, a crypto exchange, has stopped dealing with Japanese residents as it doesn’t have a licence to carry out the activities in the country.
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Google has blocked cryptocurrency advertising to promote its own token in the future, believe experts. The reason for such reasoning is that the corporation continues to advertise gambling.
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Ripple is launching the University Blockchain Research Initiative (UBRI), an educational fund, with a starting capital of $50 million. The fund will provide support to education centres conducting their own blockchain and cryptocurrency research. UBRI is a mutual project of 17 educational institutions, including Princeton University, Massachusetts Institute of Technology, University College London and others.
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Bitcoin Core developers are calling to abandon GitHub after it was acquired by Microsoft for $7.5 billion. A possible alternative could be GitLab, an independent competitor of GitHub.
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It’s been found out that 49.67% of all EOS tokens are held by only 10 wallets. 10 addresses, excluding Block.one, own 39.67% of tokens, while the top 100 control more than half – 64.82%. The finding has put users in doubt about whether the project is really decentralised.