Blockchain
Bitcoin Association joins the Japan Cryptoasset Business Association (JCBA) as an associate member to support the growth of BSV in Asia
Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV (BSV) blockchain and digital currency, today announces that it has been admitted to join the Japan Cryptoasset Business Association (JCBA) as an associate member as part of its ongoing efforts to support the growth of enterprise blockchain technologies in Japan and across Asia.
The JCBA serves as a platform for businesses working with digital assets to network, interface and collaborate on issues important to the growth of the digital asset and blockchain sectors in Japan. Its 112 members include leading banks, exchanges, technology providers, development firms, professional service providers and industry associations with significant interests in the Japanese blockchain space. Since being founded in 2016, the JCBA has played an increasingly prominent role in the growth of the emerging blockchain industry in Japan, including contributing to the development of positive public policy through work with the Financial Services Agency and Consumer Affairs Agency, in addition to increasing awareness of blockchain technologies and improving access to education in the space.
Sharing several of the same goals for the development of a regulation and innovation-friendly blockchain ecosystem, Bitcoin Association joins the JCBA as an associate member to support the growth of enterprise and national scale applications of blockchain technology using the BSV blockchain. Bitcoin Association maintains a pair of ambassadors in Japan as part of its Global Ambassador Programme, Masumi Hamahira – Executive Advisor for the Islamic Banking Window at MUFG Bank and Ken Shishido of Tokyo Bitcoin Ventures – both of whom work to support and nurture the growing community of BSV businesses, developers and enthusiasts in Japan. To learn more about the BSV blockchain and the array of businesses using its network, visit bsvblockchain.org.
Commenting on today’s announcement, Bitcoin Association Founding President, Jimmy Nguyen, said:
‘Bitcoin Association is delighted to be accepted as associate member of the Japan Cryptoasset Business Association, a leading and influential organisation in Japan’s blockchain industry. By working with the JCBA, we look forward to improving awareness in Japan around the capabilities of enterprise blockchain technology and digital assets with real utility and demonstrating how the BSV blockchain is today making these possibilities a reality for businesses all around the globe. I would like to thank the JCBA for welcoming Bitcoin Association and commend the efforts of Masumi Hamahira, one of our Bitcoin Association Ambassadors, for bringing our two associations together.’
Also speaking, Bitcoin Association Ambassador for Japan, Masumi Hamahira, said:
‘It is a great honour for Bitcoin Association to be approved by the board of the Japan Cryptoasset Business Association to join as an associate member. The JCBA is recognised for its positive and proactive work with regulators in Japan, including the Financial Services Agency and Consumer Affairs Agency – both important relationships in the first country to regulate the cryptoasset industry. I see great potential for the BSV blockchain in Japan and am excited to work together with the JCBA and Bitcoin Association to pursue our shared goals for an innovative and regulation-friendly blockchain ecosystem.’
Also commenting, Managing Director of the Japan Cryptoasset Business Association, Seiji Yuki, said:
‘At the JCBA, we work collectively with our members for the healthy development and expansion of the cryptoasset sector and related businesses. I expect that the activities of Bitcoin Association for BSV, working together as part of our own association, will contribute to the development of the cryptoasset industry and I look forward to working alongside them.’
According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
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Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
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Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.
The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.
KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.
The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.
Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.
Source: cryptonewsz.com
The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.
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