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| September 19, 2018

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With Six Months to Brexit, EU Sees May’s Plan as a Threat

September 17, 2018 |

EU leaders will hold their first serious discussions on Brexit since March this week as both the U.K. and the rest of the bloc aims to reduce major disruptions if a deal isn’t reached.
WSJ.com: What’s News Europe

CNN

Florida dropped from offshore drilling plan

September 13, 2018 |

The Trump administration says it will not seek to bring oil and gas drilling to waters off Florida’s coast, conceding to vocal opposition from the Republican governor of the tourism-driven state.
CNN.com – RSS Channel – World

Spain’s Plan to Exhume Franco Unearths Divisions

September 7, 2018 |

Prime Minister Pedro Sánchez’s plans to remove the late Francisco Franco from a shrine-like monument and rebury him elsewhere sparked a debate over whether the wounds of dictatorship are best healed by digging up and confronting the past or leaving it buried.
WSJ.com: What’s News Europe

Giant hotel companies plan to give workers ‘panic buttons’ to help prevent sexual assaults

September 6, 2018 |

Hotel employees who work alone or in isolated locations, making them vulnerable to harassment and sexual assault, will be equipped with so-called panic buttons — electronic devices to call for help — the world’s largest hotel companies announced Thursday.

The presidents and chief executives of…


L.A. Times – Business

Trump warns Assad, Syrian allies on reported plan for Idlib province offensive

September 4, 2018 |

President Trump late Monday warned Syria’s Bashar al-Assad and his allies in the region not to attack rebels in the country’s Idlib province, warning that “hundreds of thousands” could be killed.
FOX News

Judgment day awaits for plan to avert Argentine economic crisis

September 3, 2018 |

Argentine President Mauricio Macri has a tense night ahead of him waiting for U.S. markets to reopen Tuesday after the Labor Day holiday. That’s when investors will give the thumbs up or down to his proposals to save the economy from crisis.

The government announced emergency measures Monday including…


L.A. Times – Business

TMZ

Michael Irvin Confused By Dez Bryant’s Plan, He Needs To Sign Now!

September 1, 2018 |

Michael Irvin tells TMZ Sports he’s straight-up perplexed by Dez Bryant’s plan to wait until the season has begun to sign with a team … saying the receiver NEEDS a squad ASAP!! Remember … Dez was hot and heavy with the Browns earlier this month…

TMZ.com

Ford Scraps Plan to Import China-Built Small Car Due to Tariffs

September 1, 2018 |

Ford has ditched plans to import its Focus compact from China to the U.S., citing an expected hit from import tariffs the Trump administration put into effect.
WSJ.com: What’s News Asia

Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token Fund

August 20, 2018 |

Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token Fund

Three Japanese public companies have individually made announcements regarding their cryptocurrency operations. Forside has grown its mining operation with a plan to sell 7nm bitcoin mining rigs. Farsteps is planning a Singapore exchange launch. Meanwhile, Line Corp, the operator of Japan’s most popular chat app, has added crypto price quotes to its Clova AI assistant and has launched a token fund. In addition, human consultants are now available to answer questions about bitcoin for free from within the Line chat app.

Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

Forside Expands Mining Operation

Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token FundA Tokyo Stock Exchange-listed company in the content and real estate-related businesses, Forside Co. Ltd. (TYO:2330), announced last week developments of its mining operation.

“Forside Financial Services Co. Ltd., a consolidated subsidiary of Forside Co. Ltd., received OEM from LC Mining (GPU mining machines) developed by Lucky Cue Co. Ltd.,” the Zaikei Shimbun described, adding that the company will start selling these mining rigs under its brand name, FFSM.

Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token Fund
Picture of mining equipment provided by Forside.

Forside Financial Services has already started a mining operation in Canada. Its parent company says that the mining rig sale is “one of the efforts aimed at realizing the growth strategy development of the virtual currency mining business” at the subsidiary.

Furthermore, Forside announced:

In the future, our subsidiary will use semiconductor chips (mining chips) utilizing state-of-the-art 7nm process technology on its own mining [operation]…[and] selling ‘Next Generation Mining Board’ equipped with the chips.

While Forside did not reveal the supplier of its 7nm mining chips, in Japan, GMO Internet recently started selling 7nm mining rigs with a plan to sell its “Next Generation Mining Board.”

Fasteps Plans Exchange Launch in Singapore

Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token FundAnother Tokyo Stock Exchange-listed company, Fasteps Co. Ltd. (TYO:2338), recently announced that its Singaporean subsidiary plans to launch a crypto exchange in Singapore. The company mainly engages in system solution, media solution, and cost management businesses.

In June, Fasteps opened an exchange in Hong Kong called Bitone. It currently offers trading in three markets, with 11 BTC trading pairs, 10 ETH trading pairs, and 5 USDT trading pairs.

Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token Fund

Line Launches Token Fund, Adds Prices to Clova

Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token Fund
Line Clova AI assistant.

Line Corporation (TYO:3938), the operator of Japan’s most popular chat app, has added crypto price quotes to its Clova AI assistant for Android and iOS operating systems. Crypto prices are provided by Kraken exchange.

The company also announced last week that its subsidiary, unblock corporation, has established a corporate token venture fund in Hong Kong called “unblock ventures ltd.”

With LVC Corporation, the subsidiary that operates the group’s cryptocurrency and blockchain businesses, as its sole investor, “unblock ventures focuses on token investments and has a capital commitment of USD10 million,” Line explained, adding:

By launching this new corporate token fund, Line is aiming to boost the development and adoption of cryptocurrencies and blockchain technology.

Meanwhile, Tokyo-based consulting center Bitcoin no Madoguchi is offering free consultation via the Line chat app. Users can add the company as a friend inside Line and start asking questions. According to Coinchoice publication, once a question is submitted, an answer will be delivered from a person working at the Bitcoin no Madoguchi office between 30 minutes and 7 hours.

What do you think of these Japanese public companies’ crypto operations? Let us know in the comments section below.


Images courtesy of Shutterstock, Forside, Farsteps, Line Corp.


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The post Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token Fund appeared first on Bitcoin News.

Bitcoin News

Trump’s New Plan Upends Obama Emissions Policy

August 20, 2018 |

For President Trump, federalism and climate policy just don’t mix—a fact that has environmental experts in a state of high anxiety, the Washington Post reports. Trump plans to announce this week that each state can set its own own coal-emission standards (pending EPA approval) rather than follow the Obama…
Newser