Japan's City Mayor Visits To Discuss the Adoption of Crypto
Emi Yoshikawa, vice president of corporate strategy and operations at Ripple reveals Soichiro Takashima, mayor of Fukuoka, Japan, recently visited the company's headquarters to address cryptocurrency-related issues.
Ripple has extended its reach throughout the Asia-Pacific region through a new cooperative effort with SBI Remit this week to speed up money transfers between Japan and Thailand.
Thais residing in Japan will be able to send money home promptly via RippleNet thanks to SBI Remit.
@WiseAnalyze #dailynews
Emi Yoshikawa, vice president of corporate strategy and operations at Ripple reveals Soichiro Takashima, mayor of Fukuoka, Japan, recently visited the company's headquarters to address cryptocurrency-related issues.
Ripple has extended its reach throughout the Asia-Pacific region through a new cooperative effort with SBI Remit this week to speed up money transfers between Japan and Thailand.
Thais residing in Japan will be able to send money home promptly via RippleNet thanks to SBI Remit.
@WiseAnalyze #dailynews
Following The June Crash, Bitcoin Trading On DBS Doubled
Following the June cryptocurrency market crisis, crypto transactions on the platform of Singapore-based investment firm DBS Digital Exchange more than doubled.
This is unexpected given that many other exchanges, like as CryptoCom, Coinbase, Gemini, and Bybit, were forced to fire a significant portion of their workforce as a result of the price decline and the ensuing investor exodus.
@WiseAnalyze #dailynews
Following the June cryptocurrency market crisis, crypto transactions on the platform of Singapore-based investment firm DBS Digital Exchange more than doubled.
This is unexpected given that many other exchanges, like as CryptoCom, Coinbase, Gemini, and Bybit, were forced to fire a significant portion of their workforce as a result of the price decline and the ensuing investor exodus.
@WiseAnalyze #dailynews
64% Of US Parents Familiar With Blockchain Want Cryptocurrencies To Be Taught In Schools
In order for pupils to "learn about the future of our economy," crypto should be taught in schools, according to more than two-thirds of American parents and college graduates who have knowledge of or engagement in the field.
According to a recently released survey from the online learning platform Study.com, 64% of parents and 67% of college graduates agreed that cryptocurrency should be covered in school curricula.
@WiseAnalyze #dailynews
In order for pupils to "learn about the future of our economy," crypto should be taught in schools, according to more than two-thirds of American parents and college graduates who have knowledge of or engagement in the field.
According to a recently released survey from the online learning platform Study.com, 64% of parents and 67% of college graduates agreed that cryptocurrency should be covered in school curricula.
@WiseAnalyze #dailynews
Coinbase Confirms It Will Launch Wrapped Staked ETH Token
In a recent announcement, Coinbase revealed that it would launch a currency called Coinbase Wrapped Staked ETH (cbETH).
The cbETH coin represents ETH2, and ETH staked with the exchange represents ETH2.
Upgraded version of Ethereum is anticipated to happen as early as 2023, however ETH2 will stay locked until that time. cbETH, on the other hand, will be liquid, allowing users to send or swap the asset.
@WiseAnalyze #dailynews
In a recent announcement, Coinbase revealed that it would launch a currency called Coinbase Wrapped Staked ETH (cbETH).
The cbETH coin represents ETH2, and ETH staked with the exchange represents ETH2.
Upgraded version of Ethereum is anticipated to happen as early as 2023, however ETH2 will stay locked until that time. cbETH, on the other hand, will be liquid, allowing users to send or swap the asset.
@WiseAnalyze #dailynews
Binance Will Assist Busan In South Korea To Develop Its Blockchain Industry
According to trade volume, Binance, the largest cryptocurrency exchange, has inked an MoU with Busan, South Korea, to support the development of the city's blockchain ecosystem and the Busan Digital Asset Exchange.
For the advancement of the Busan Digital Asset Exchange, promotion of the city's blockchain ecosystem, and order book sharing, Binance will offer technical and infrastructure support to Busan.
@WiseAnalyze #dailynews
According to trade volume, Binance, the largest cryptocurrency exchange, has inked an MoU with Busan, South Korea, to support the development of the city's blockchain ecosystem and the Busan Digital Asset Exchange.
For the advancement of the Busan Digital Asset Exchange, promotion of the city's blockchain ecosystem, and order book sharing, Binance will offer technical and infrastructure support to Busan.
@WiseAnalyze #dailynews
Iranian Companies Are Permitted To Use Cryptocurrency For Imports
In light of continued international trade sanctions, Iran's Ministry of Industry, Mines, and Trade has authorized the use of cryptocurrencies for imports.
The country's trade minister, Reza Fatemi Amin, reportedly acknowledged that specific legislation regulating the usage of cryptocurrencies for trade and providing fuel and energy to Bitcoin (BTC) and cryptocurrency miners in the country had been authorized.
@WiseAnalyze #dailynews
In light of continued international trade sanctions, Iran's Ministry of Industry, Mines, and Trade has authorized the use of cryptocurrencies for imports.
The country's trade minister, Reza Fatemi Amin, reportedly acknowledged that specific legislation regulating the usage of cryptocurrencies for trade and providing fuel and energy to Bitcoin (BTC) and cryptocurrency miners in the country had been authorized.
@WiseAnalyze #dailynews
Japan Suggests Lowering Cryptocurrency Taxes In An Effort To Boost The Economy
In order to stimulate the economy and achieve the goals of Prime Minister Fumio Kishida, Japan's regulatory body, the Financial Services Agency (FSA), is recommending lowering the corporate cryptocurrency tax in the nation.
The impossibility of new projects to begin in the nation has been attributed to the high taxes.
As a result, potential cryptocurrency businesses have relocated to welcoming nations like Singapore.
@WiseAnalyze #dailynews
In order to stimulate the economy and achieve the goals of Prime Minister Fumio Kishida, Japan's regulatory body, the Financial Services Agency (FSA), is recommending lowering the corporate cryptocurrency tax in the nation.
The impossibility of new projects to begin in the nation has been attributed to the high taxes.
As a result, potential cryptocurrency businesses have relocated to welcoming nations like Singapore.
@WiseAnalyze #dailynews
Blockstream And Sevenlabs Teams Up To Launch A Decentralized Bitcoin Exchange
Blockstream and Sevenlabs, two bitcoin infrastructure service providers, have teamed up with Poseidon Group to develop Switzerland's first decentralized security token exchange for Bitcoin.
The exchange, XDEX, will support Bitcoin ecosystem assets and allow peer-to-peer trade, effectively removing intermediaries from the transaction.
Users will be able to access XDEX in real time because the joint venture will use the TDEX open source protocol, which will be handled by Sevenlabs.
@WiseAnalyze #dailynews
Blockstream and Sevenlabs, two bitcoin infrastructure service providers, have teamed up with Poseidon Group to develop Switzerland's first decentralized security token exchange for Bitcoin.
The exchange, XDEX, will support Bitcoin ecosystem assets and allow peer-to-peer trade, effectively removing intermediaries from the transaction.
Users will be able to access XDEX in real time because the joint venture will use the TDEX open source protocol, which will be handled by Sevenlabs.
@WiseAnalyze #dailynews
UK Chooses Crypto-friendly Liz Truss As Its New Prime Minister
Following her victory in the contest to succeed Boris Johnson as leader of the Conservative Party, Crypto-Friendly Liz Truss will take office as the next prime minister of the United Kingdom.
In 2018, she stated that it was important to accept cryptocurrencies without limiting their potential and to liberate free enterprise by getting rid of regulations that impede success.
Cryptocurrency enthusiasts are curious to see how Britain's incoming prime minister will approach cryptocurrencies.
@WiseAnalyze #dailynews
Following her victory in the contest to succeed Boris Johnson as leader of the Conservative Party, Crypto-Friendly Liz Truss will take office as the next prime minister of the United Kingdom.
In 2018, she stated that it was important to accept cryptocurrencies without limiting their potential and to liberate free enterprise by getting rid of regulations that impede success.
Cryptocurrency enthusiasts are curious to see how Britain's incoming prime minister will approach cryptocurrencies.
@WiseAnalyze #dailynews
Canadian Conservative Party A Appoints Bitcoin Support As New Leader
The Conservative Party of Canada chose Bitcoin-supporting lawmaker Pierre Poilievre to be its new leader.
Poilievre has frequently endorsed Bitcoin as a hedge against inflation.
The Ottawa-area MP has a personal investment in Bitcoin and his campaign doesn't stop him from making comments about cryptocurrency-related topics.
After a severe bitcoin drop, Poilievre's offer to investors may have appeared dumb, but it didn't harm the MP's campaign.
@WiseAnalyze #dailynews
The Conservative Party of Canada chose Bitcoin-supporting lawmaker Pierre Poilievre to be its new leader.
Poilievre has frequently endorsed Bitcoin as a hedge against inflation.
The Ottawa-area MP has a personal investment in Bitcoin and his campaign doesn't stop him from making comments about cryptocurrency-related topics.
After a severe bitcoin drop, Poilievre's offer to investors may have appeared dumb, but it didn't harm the MP's campaign.
@WiseAnalyze #dailynews