Coinbase, a popular crypto exchange, is being rolled out in Japan, according to a company blog post.
In the post, the company called Japan “one of the first countries to embrace crypto and one of the largest markets by crypto trading volumes in the world.”
Coinbase will be working with Mitsubishi UFJ Financial Group (MUFG) in order to help people access Coinbase’s platform. MUFG Quick Deposit will also be offered to help customers begin trading, the post stated.
Coinbase said in the post it also plans to add more localized versions for Japan of popular features like advanced trading, Coinbase for Institutions and others.
In other news, Jay Clayton, a former Securities and Exchange Commission (SEC) chairman, will now be on the advisory board of digital asset custody, transfer and settlement platform Fireblocks, according to a company press release.
His role will be to help the company navigate the market as digital assets become more common, the release stated.
He said in the release that he shares “Fireblocks’ view that digital asset custody requires the same level of service as traditional custody while also striving for better regulatory outcomes in security, certainty and resiliency.”
Meanwhile, Yield Guild Games has completed a $4.6 million funding round, which will go toward its continuing investment in digital assets for games and virtual worlds in the pay-to-play ecosystem, according to a Medium blog post.
The round was led by venture capital firm Andreessen Horowitz, the post stated.
Pay-to-play games allow users to have ownership in their games and generate revenue from them, said Andreessen Horowitz General Partner Arianna Simpson, per the post.
Lastly, Hedera Hashgraph, a public network for the decentralized economy, has added the London School of Economics and Political Science (LSE) to help advance blockchain projects as part of its governing Hedera Council, according to a press release.
LSE’s joining will give the council the opportunity to provide students and faculty opportunities for hackathons, thought leaderships and research opportunities that will aim to expand the body of knowledge surrounding distributed ledger technologies, according to the release.
Thamim Ahmed, senior research associate with LSE, said in the release blockchains could be a “coordination technology” to make markets more efficient and add new business opportunities as the world changes from the pandemic and climate change.
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NEW PYMNTS DATA: 58 PERCENT OF MULTINATIONAL FIRMS ARE USING CRYPTOCURRENCY
About: In spite of their price volatility and regulatory uncertainty, new PYMNTS research shows that 58 percent of multinational firms are already using at least one form of cryptocurrency — especially when moving funds across borders. The new Cryptocurrency, Blockchain and Global Business survey, a PYMNTS and Circle collaboration, polls 500 executives looks at the potential and the pitfalls facing crypto as it moves into the financial mainstream.
Coinbase, a preferred crypto trade, is being rolled out in Japan, in response to an organization weblog put up.
Within the put up, the corporate referred to as Japan “one of many first international locations to embrace crypto and one of many largest markets by crypto buying and selling volumes on the planet.”
Coinbase will probably be working with Mitsubishi UFJ Monetary Group (MUFG) to be able to assist folks entry Coinbase’s platform. MUFG Fast Deposit will even be provided to assist prospects start buying and selling, the put up said.
Coinbase stated within the put up it additionally plans so as to add extra localized variations for Japan of well-liked options like superior buying and selling, Coinbase for Establishments and others.
In different information, Jay Clayton, a former Securities and Change Fee (SEC) chairman, will now be on the advisory board of digital asset custody, switch and settlement platform Fireblocks, in response to an organization press launch.
His position will probably be to assist the corporate navigate the market as digital property grow to be extra frequent, the discharge said.
He stated within the launch that he shares “Fireblocks’ view that digital asset custody requires the identical stage of service as conventional custody whereas additionally striving for higher regulatory outcomes in safety, certainty and resiliency.”
In the meantime, Yield Guild Video games has accomplished a $4.6 million funding spherical, which can go towards its persevering with funding in digital property for video games and digital worlds within the pay-to-play ecosystem, in response to a Medium weblog put up.
The spherical was led by enterprise capital agency Andreessen Horowitz, the put up said.
Pay-to-play video games permit customers to have possession of their video games and generate income from them, stated Andreessen Horowitz Basic Accomplice Arianna Simpson, per the put up.
Lastly, Hedera Hashgraph, a public community for the decentralized economic system, has added the London Faculty of Economics and Political Science (LSE) to assist advance blockchain tasks as a part of its governing Hedera Council, in response to a press launch.
LSE’s becoming a member of will give the council the chance to supply college students and college alternatives for hackathons, thought leaderships and analysis alternatives that can purpose to increase the physique of data surrounding distributed ledger applied sciences, in response to the discharge.
Thamim Ahmed, senior analysis affiliate with LSE, stated within the launch blockchains could possibly be a “coordination expertise” to make markets extra environment friendly and add new enterprise alternatives because the world modifications from the pandemic and local weather change.
——————————
NEW PYMNTS DATA: 58 PERCENT OF MULTINATIONAL FIRMS ARE USING CRYPTOCURRENCY
About: Regardless of their value volatility and regulatory uncertainty, new PYMNTS analysis exhibits that 58 % of multinational companies are already utilizing not less than one type of cryptocurrency — particularly when transferring funds throughout borders. The brand new Cryptocurrency, Blockchain and International Enterprise survey, a PYMNTS and Circle collaboration, polls 500 executives seems to be on the potential and the pitfalls dealing with crypto because it strikes into the monetary mainstream.
