JR East to Sell Tickets for Crypto

Largest Japanese railroad company, 323 place in Fortune 500 list, will allow passangers to purchase tickets for BTC, BCH, LTC and XRP
29 March 2019   435

The Japanese railway company JR East in collaboration with the Internet provider IIJ and crypto-bursa DeCurret will develop a platform for buying tickets for cryptocurrency. This is reported by the local TV channel ANN News.

Passengers will be able to use the platform’s services directly at train stations using the Suica smart card. It will support Bitcoin, Bitcoin Cash, Litecoin, and XRP cryptocurrencies, as well as stablecoin J Coin from the banking giant Mizuho Financial Group. The same assets are available on the stock exchange DeCurret.

We started by charging and using cash, which is a general-purpose payment method, but I think that it will change greatly as the current of ‘cashless’ flows.

Shinobu Noguchi

JR East, Managing Executive Officer

In March, the tax administration of the Chinese city of Shenzhen allowed residents to pay for rail, public transport and taxis through the blockchain application.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   957

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”