Japan’s Biggest Bank Confirms Launch of Digital Currency ‘Coin’ in 2019

Following months of speculation about its proposed release date, Japan’s largest bank, Mitsubishi UFJ Financial Group Inc. has finally announced plans to launch its long-awaited in-house digital currency. Japan Times reports that Group President, Mike Kanetsugu revealed this week that the firm intends to rollout Coin before the end of 2019. According to Kanetsugu, MUFJ will lean on businesses including retail outlets and restaurants to adopt Coin, with the intention of achieving wider adoption, resulting in “connected economic blocs.” He also revealed that Coin will enable the various participating business to find out previously unavailable information about their customer bases,

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Apple Stock a Screaming Buy, Will Surge 21% Despite ‘Underwhelming’ Apple TV+ Launch: Analysts

Apple stock bled out on Monday afternoon as Tim Cook revealed his long-awaited Netflix rival, Apple TV+.  Traders were immediately underwhelmed by the lack of details and the stock ended the day 1.2 percent lower.  But don’t believe the hype. Wall Street analysts have weighed in since the announcement and most still think Apple stock is a screaming buy. Apple stock has 21% upside At least seven analysts re-affirmed their “buy rating” on Apple shares after the big reveal. The most optimistic of which (Samik Chatterjee at JP Morgan) put a $ 228 price target on the stock  – a 21

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Haters be Damned: Apple’s Credit Card is the Most Revolutionary Launch in Its 40-Year History

Apple launched a credit card on Monday to a chorus of “so what?” from investors. Apple stock crashed overnight and everyone from CNBC to Huffington Post called it underwhelming. They’re wrong. The Apple credit card is the biggest game-changer in the history of the company. Just think about what it means for a minute. The biggest company on the planet is positioning itself as a bank and there are already 1.4 billion people with an Apple Wallet in their pocket. Apple stock should be surging. Traditional banks will soon be wiped out; replaced by tech companies. Apple just made the

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Crypto Exchange Launch Shows Riot Blockchain Still Clings to the Bitcoin Dream

Riot Blockchain, a former biotech firm turned bitcoin-mining company, expects to launch a regulated cryptocurrency exchange by the end of the second quarter of 2019, or June 30. The company is initially investing up to $ 250,000 to make this roll-out happen. Riot Blockchain made the revelations in a March 14 filing with the Securities and Exchange Commission. The company formed a subsidiary called RiotX Holdings to operate the exchange, which has partnered with software provider Shift Markets. Once the RiotX exchange goes live, its 2019 operational budget is expected to approach $ 2 million. RiotX Crypto Exchange to Go Online in

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Marshall Islands Rejects IMF Concerns to Launch ‘Sovereign’ (SOV) Digital Currency as Legal Tender

The Sovereign (SOV) digital currency looks set to become the first decentralized national digital currency. It could be used in the Marshall Islands on an equal footing with the US dollar. Such cryptocurrency as legal tender, even in a small state, is a larger step on the path to crypto-adoption. Island State Passes Bill to Create SOV Despite IMF Objections The Marshall Islands says it’s the first country ever to accept a cryptocurrency as national legal tender. It passed a key bill this week for SOV’s creation. According to reports by the publication Haaretz the plans had been hotly debated

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$46 Billion Flows into Chinese Stock Market, Should Launch Dow Higher

  Following MSCI’s decision to increase the weight of Chinese onshore shares in its widely-cited emerging market index, over $ 46 billion is set to pour into the stock market of China, a move that could kick the ongoing Dow Jones recovery into an even higher gear. The SSE Composite, which tracks all stocks traded at the Shanghai Stock Exchange, has spiked from 2,464.36 points to 2,994 points since January 3, by more than 21 percent within a 2-month span. It’s Mostly About the Trade Deal, the Same Catalyst to the Dow Jones On March 3, Chinese President Xi Jinping reportedly

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Time to fire up a million angry kitt3hs again: California legislators launch an assault against bitcoin ownership for the fourth time since 2015 (bitlicense has never passed in CA) – this time the zombie returns as AB 1489. Kill it with Fire.

Time to fire up a million angry kitt3hs again: California legislators launch an assault against bitcoin ownership for the fourth time since 2015 (bitlicense has never passed in CA) - this time the zombie returns as AB 1489. Kill it with Fire. submitted by /u/pcvcolin
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Newsflash: Samsung Galaxy S10 Crypto Wallet ‘Highly Likely’ During Today’s Launch

Ahead of today’s anticipated launch, Samsung Galaxy S10 is expected to showcase the Exynos 9820 as the mobile application processor (AP) of the device and according to a local publication in South Korea operated by mainstream media outlet Hankyoreh, it could be a big hint for Samsung’s crypto wallet integration. In November of last year, Samsung Electronics released the Exynos 9820, its newest AP featuring an octa-core CPU. The company implemented significant improvements from its previous 9810 model including 8K UHD, a Neutral Processing Unit (NPU), and Physical Unclonable Function (PUF). The report stated that PUF is a technology used

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Telegram’s Secretive Crypto Project is Now Just a Few ‘Minor Changes’ from Launch

Telegram’s crypto platform is now 20% further along than it was at the end of last year. According to an investor update cited in The Block, it is about 90% completed. The most important part, the Telegram Virtual Machine, is reportedly complete. “Only minor changes will be necessary,” the investor update reads. It’ll process computations in the same way the Ethereum Virtual Machine does. Telegram completed its first pre-sale round about a year ago, followed by a second round in March. Between the two rounds, $ 1.7 billion was raised. This places high expectations on the platform that is intended to

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