Ripple Would Be Unprofitable Without XRP Sales, CEO Admits


Brad Garlinghouse. California-based fintech company Ripple would not have been where it is today without the monthly selling from its massive holding of XRP tokens, an admission from its CEO suggests. In an interview with the Financial Times published on Friday, Ripple’s CEO Brad Garlinghouse...

IOTA Foundation: A New Visionary in Field of Blockchain Technology


IOTA is a ‘permissionless distributed ledger’ for the millennium economy as it would form the backbone of the Internet of Things (IoT) in the near future. It stands out as the first open-source distributed ledger enabling micro-transactions without fees and data integrity for machines, which would...

Ripple Friendly SBI Chief in Talks About Launching an STO Exchange


Yoshitaka Kitao. The CEO of SBI, one of Japan’s biggest financial companies, has spoken of his intention to co-launch a securities token offering (STO) exchange platform within the current financial year. Per newspaper Jiji, SBI Holdings chief Yoshitaka Kitao, who is also a long-term Ripple partner...

Is Coinbase Another Step Closer to Opening in Japan?


American exchange giant Coinbase has become a second-tier member of the Japan Virtual Currency Exchange Association (JVCEA), the only officially recognized self-regulatory body of Japanese cryptocurrency exchanges. The JVCEA’s first-tier comprises exchanges that have been granted an official...

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