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Tokyo United Japanese Blockchain Fans meet With the Global Makers

Our first Tokyo meetup, held with our friends at CoinDesk Japan, brought together investors, devs, and crypto lovers.
What do you get when you give a bunch of crypto fans a bunch of beer and pizza?
If you answered “an amazing meetup featuring devs and explorers from all over the world,” then you’re absolutely correct.
 brings together both private and institutional investors ….. TokyoJapan

Watch The Video here:

Tourists in Popular Japanese Region Could Soon Use a Local Cryptocurrency

Mitsubishi Research Institute and an Osaka-based railway company are issuing a local cryptocurrency for use in a popular tourist area in Japan.

Mitsubishi Research Institute (MRI) and an Osaka-based railway company are issuing a local cryptocurrency for use in a popular tourist area in Japan’s Mie Prefecture.

The MRI, formed in 1970 by Mitsubishi Group companies, said on Wednesday that the token, dubbed Kintetsu Shimakaze Coin, will be utilizing blockchain and is available only from Nov. 11 to Jan. 31 next year.

It is the fourth such unit created by the two companies as they work to refine the technology and develop relevant processes, procedures and services.

The experiment is a highly limited trial and will take place in the Ise-Shima region, a peninsular area known for its beaches, seafood, pearl cultivation and a national park. Only 15 establishments in the region will accept the coin, including the Shima Spain Village, Miyako Resort Shima Bayside Terrace, Kashikojima Espana Cruise and the Makonde Art Museum.

While the token will be temporary just for the pilot, Kintetsu hopes to eventually issue a permanent cryptocurrency for use along its railway lines, according to a news report from Nikkei.

To use the cryptocurrency, which is a stablecoin pegged to the Japanese yen, users must download the Kintetsu Shimakaze Coin app for registration.

They will be able to top up in 1,000 yen blocks, paying a 10 percent premium, up to 100,000 yen in total. Transfers of the coin will be possible between participants. At the end of the trial period, the coin will be retired and cannot be used.

full report: https://finance.yahoo.com/news/tourists-popular-japanese-region-could-070209424.html

Crypto Exchange Upbit’s Operator Eyes Blockchain in OTC Securities Trading

Dunamu, the operator of Upbit, is releasing a new app this month for trading unlisted securities with a plan to add in blockchain next year.

Cambodia’s Central Bank Testing Digital Wallet to Ease Cross Border Payments

Cambodia’s Central Bank wants to slash the cost of cross-border payments and is studying how its Bakong digital wallet might help.

Huobi Plans to Open Fiat Gateway with Lira-Tether Pairing in Turkey

Global crypto exchange Huobi plans to roll out a fiat gateway in Turkey that could increase access to more than 250 cryptocurrencies for local investors.

WATCH: How JET8 Is Injecting Crypto Into the Social Media Value Chain

Jet8 is taking a new approach to social media and data ownership using blockchain.

Facebook’s Libra Just Got Its First Major Supporter in Congress

Bucking a trend, Sen. Mike Rounds (R-S.D.) wrote a letter praising Libra as a technological advance that he feels is needed.

What Facebook CEO Mark Zuckerberg Said in His Defense of ‘Free Expression’

No mention of Libra.

WATCH: Our On Tap Meetup in Tokyo United Japanese Blockchain Fans With the Global Makers

Our first Tokyo meetup, held with our friends at CoinDesk Japan, brought together investors, devs, and crypto lovers.

118. Libra has to exist!

Simon Taylor back this week to talk about the latest and greatest news in blockchain, Bitcoin and Crypto, and of course he is not alone but joined by some awesome guests:

David Nicol – Head of Digital Assets R3
Isabel Woodford – Fintech Journalist @ Sifted

Together they cover the following stories:

Payments giants abandon Facebook’s Libra Cryptocurrency (01:24)
David Marcus on Twitter (04:12)
New Libra Fork Will Create Permissionless Stablecoin Free of Corporate control (08:46)
SEC Halts Alleged $1.7bn Unregistered Digital Token Offering (12:44)
SEC not convinced a ‘real’ Bitcoin Market exists, denies Bitwise Bitcoin ETF (19:38)
CFTC Chairman Confirms Ethereum is a Commodity (24:13)
Tether, Bitfinex Sued for creating the “Largest Bubble in History” (28:52)

The Tweet of the Week comes from @lopp about the state of today’s IRS guidance! Why not send us your best tweets? See if you can get a shout out on the show! (35:07)

Check out our brand new documentary 11:YEARS – the Rise of UK Fintech now. Head over to 11years.film to watch for free, and share using #11YEARS.

If you enjoyed the show and, as ever, don’t forget to subscribe and leave a review!

Want to join the conversation on all the topics discussed? Tweet the show at: www.twitter.com/bchaininsider
Special Guests: David Nicol and Isabel Woodford.
Links:

Payments giants abandon Facebook’s Libra cryptocurrency – BBC News
New Libra Fork Will Create Permissionless Stablecoin Free of Corporate Control – CoinDesk
SEC.gov | SEC Halts Alleged $1.7 Billion Unregistered Digital Token Offering
US House Committee Pressuring Zuckerberg to Testify on Libra: Report – CoinDesk
CFTC Chairman Confirms Ether Cryptocurrency Is a Commodity – CoinDesk
Tether, Bitfinex sued for creating the “largest bubble in history” – CoinGeek
Tweet of the week

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