Crypto retail PoS developer plans to distribute 100k machines globally by 2021
Zac Cheah, the CEO at Pundi X, a crypto PoS (point-of-sale) machine manufacturer and developer, said that the global cryptocurrency sector will be equipped with more than 100,000 crypto PoS machines by 2021.
“In the next three years, at least 100,000 crypto PoS machines will be distributed. In the past six months, merchants have requested 25,000 crypto PoS machines from Pundi X.”
Cheah said that South Korea is one of the key markets Pundi X will focus on in the near future.
“Given that South Korea accounts for 35 percent of global crypto trades, the demand for cryptocurrency acceptance by merchants from local investors will increase rapidly.”
Opera introduces mobile browser with built in crypto wallet
Opera introduced the first browser software that has a built in cryptocurrency wallet, meaning the crypto wallet is directly integrated into the browser.
The browser is currently in private beta, and the company is now inviting new users to join.
In the first quarter of 2018, Opera for Android had 145 million monthly average users.
We are introducing Opera browser with Crypto Wallet. You can now transact with cryptocurrencies & interact with Ethereum Web 3.0 Dapps right from your Android mobile. Request invitation to join private beta at: http://opr.as/Crypto
Litecoin Foundation acquires 9.9% of bank in payments partnership
Litecoin Foundation, the non profit that supports the popular cryptocurrency, has acquired a near 10 percent stake in a German bank.
The deal comes as the result of an agreement with TokenPay, a crypto-to-fiat payments firm.
TokenPay has now passed ownership of the 9.9 percent of equity in WEG Bank AG to Litecoin Foundation in exchange for the latter’s technical assistance in advancing the bank’s plans to bring cryptocurrency payment solutions to customers and working with TokenPay on its various blockchain projects.
Korean Blockchain Association announces exchanges meet their requirements
The KBA announced the results of their regulatory review of Korean exchanges. They found that all exchanges under review met at least the minimum requirements (user protection measures, quick transactions, $2M held, regular financial audits published etc.) of the self-imposed regulations.
The reviewed exchanges included Korea Digital Exchange (Dexco), NeoFrame, UPbit, Bithumb, Gopax, OKCoin Korea, Korbit, CoinOne, Coin Jest, Coin Plug (CPDAX), Hanbit, and Huobi Korea.
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