In today's news:✅ Alibaba expands reach of its decentralized services ✅ New cryptocurrency law in Japan✅ Germany's Central Bank has completed testing of its blockchain platform✅ Bitcoin is dethroned, but before that... ✅ New Sony product YouTube}h2DqdlVFD44{/youtube} Alibaba expands reach of its decentralized services Alibaba Group is expanding its BaaS (blockchain as a service) operations, according to a press release. Alibaba Group wants to expand its decentralized cloud services to Southeast Asia, North America and Europe. source: https://www.alibabacloud.com/ New cryptocurrency law in Japan Japan's Financial Services Agency today gave the cryptocurrency industry self-regulatory status. At the same time, the FSA has allowed the Japan Virtual Currency Exchange Association to oversee the operation of cryptocurrency exchanges. The organization will have the authority to set rules regarding: securing customer assets; preventing money laundering; providing guidelines for operations. Of course, the JVCEA association will have to comply with the generally applicable national law in doing so. source: https://news.bitzamp.com Germany's Central Bank has completed testing of its blockchain platform According to the report, the blockchain technology tested since 2016 has successfully met its objectives. The main reason for the tests was to thoroughly examine the entire lifecycle of assets, stocks, bonds, data and transfers passing through the blockchain network. source: https://cointelegraph.com/ Bitcoin gets dethroned, but before that... Nigel Green, CEO of deVere Group says Bitcoin will soon lose its market dominance. The digital coins to replace the "king" are: XRP, due to its massive moves towards the financial sector; ETH, due to the growing adoption of smart contracts and businesses using the Ethereum platform for their needs. Nigel Green adds that there are still 5000% gains ahead before BTC's dominance comes to an end. Source: https://oracletimes.com/ New Sony product According to the official press release, the research department of the Japanese technology giant Sony, announced the release of a proximity hardware wallet for cryptocurrencies. Source: https://cryptoprofit.pl/ Tags
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