Rakuten May Add Crypto Support in Updated App

This info was found in the company's financial statements for 2018 by the journalists
18 February 2019   375

The Japanese online retail corporation Rakuten can implement support for cryptocurrency in the updated version of its payment application, according to the company's financial statements for 2018, which is referred to by Cointelegraph.

The submitted documents state that the new version of the Rakuten Pay application will be released on March 18 and will support “all payment solutions embedded in one platform”. Rakuten has been accepting Bitcoin payments through its US portal since March 2015.

In January, Rakuten revealed that Everybody’s Bitcoin, which had been bought earlier, was included in a new payment unit. Rakuten acquired Everybody's Bitcoin in August 2018 for $ 2.4 million. Representatives of the company then stated that they were considering joining the cryptocurrency trading industry because they believe in “the role of cryptocurrency payments in e-commerce and offline retail as well as peer-to-peer payments in the future ". 

South Koreans to Invest in Crypto Actively

In addition to the investment amounts, the share of those interested in investing in digital assets also increased
22 April 2019   84

The average amount of investments in cryptocurrency from South Korean invesetprs is $ 6,100, which is 64% more than last year, Cointelegraph reports.

According to a survey conducted by the Korean Fund for the Protection of Portfolio Investors, in addition to the investment amounts, the percentage of those interested in investing in digital assets also increased. Thus, 7.4% of the 2500 respondents have already acquired cryptocurrency (last year there were 6.4% of those). It is noteworthy that this figure has increased, despite several major break-ins of the South Korean crypto exchange, as well as tougher regulation of the industry.

Analysts connect the market with a recent bitcoin price jump and hope for a new bull rally.

Recall recently it became known that 94% of trust capital funds invest in cryptocurrency.