Japan doesn't accept stablecoins, Ripple 'hires' Google, TravelbyBit announces BNB integration, South Korea wants to stop ICO ban
- Japan’s top financial regulator, the Financial Services Agency, defines ‘virtual currencies’, which include cryptocurrencies, as a means of payment and exempts them from consumption tax. Stablecoins do not fall into the category of ‘virtual currencies’ based on the Payment Services Act.
- Amir Sarhangi, who was CEO of Jibe and was with Google since 2015, will be joining RippleNet to advance the worldwide, XRP supported payments system, as VP of Products.
- Binance has recently announced a $2.5 million investment into a tourism cryptocurrency-payments startup, TravelbyBit, and now TravelbyBit is ready to announce BNB integration across all its merchants.
- An interview with Min Byung-doo, one of the members of the ruling Minjoo Party where he expresses his thoughts on ICOs, cryptocurrencies and the blockchain industry, and their outlook in South Korea.
- BTC is trading at the price of $6,329, ETH drops to $196.79 at the moment of writing.