Japanese FSA approves more cryptocurrency exchanges

The Japanese Financial Services Agency made an announcement on its website posting a document about four new cryptocurrency exchanges which are being approved to function in Japan
03 December 2017   1114

The Japanese Financial Services Agency made an announcement that four more cryptocurrency exchanges are now approved to legally operate in Japan. Previously, only 11 cryptoexchanges exchanges were reported to have received FSA approval.

The new cryptoexchanges that were approved are Tokyo Bitcoin Exchange Co. Ltd, Bit Arg Exchange Tokyo Co. Ltd, FTT Corporation, and Xtheta Corporation.

Only the digital currencies handled by the approved exchanges correspond to the definition under the fund settlement law.

Japanese Financial Services Agency

As it was stated in the announcement, Bitcoin trading was approved only for three of the four companies, while Xtheta Corporation has been approved to trade additional cryptocurrencies like Ethereum, Bitcoin Cash, Ripple, Litecoin, Ethereum Classic, NEM, Monacoin, and Counterparty tokens (XCP).

DFINITY to Postpone Internet Computer Launch

The project is currently assessing the time frame for the completion of the MVP
14 December 2018   88

The blockchain project Dfinity reported in its blog postponing the launch of its main product.

Previously, Dfinity chief scientist Dominic Williams said that his company intends to create an “Internet computer that will become cloud 3.0”, compete with Google Cloud and Microsoft Azure, and also change the face of the blockchain industry.

According to him, the project team is developing a technology that has 150 higher performance than Ethereum blockchain and 900 times - Bitcoin. In essence, the project creates a “giant Internet computer”, whose work will be supported not by one company, but by all participants of the Dfinity protocol.

Initially, the release of a minimum viable product (MVP) was planned for the first quarter of 2019. However, according to company representatives, working on a trimmed version may slow down progress in creating a complete product.

The project is currently assessing the time frame for the completion of the MVP. Also, noted in Dfinity, before the end of the first quarter a new set of development tools (SDK) will be released, which will shed light on the future plans of the company.

In August, the Dfinity Foundation attracted $ 102 million of investments in the framework of a closed tokensale. Prior to this, at the beginning of the year, the Dfinity Foundation raised $ 61 million from Andreessen Horowitz and Polychain Capital.