US-based blockchain company Ripple, which operates the payment protocol and exchange network using XRP, announced a new partnership with Japan’s largest money transfer provider SBI Remit, mobile payments service Coins.ph and digital asset exchange platform SBI VC Trade to transform remittance payments from Japan to the Philippines.
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US financial player PayPal has announced that its users can now purchase as much as $100,000 worth of supported cryptocurrencies via its platform starting this week.
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Despite the crypto ban in Nigeria, the country has recorded massive growth in its peer-to-peer bitcoin trade volumes in recent times. Available data has revealed that in the month of June, citizens of the country traded around $38 million worth of digital assets —the second time the country has recorded volume above $35 million.
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Sotheby, a leading auction house, has announced that it has sold a diamond worth $12 million, and its buyer paid in an unspecified cryptocurrency.
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