– 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’.”
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.
Abic, a Japanese corporation, started issuing loans in Japanese yens, backed by bitcoin.
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.
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.
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.
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.
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.