FXCoin tests XRP based forward settlement with overseas companies

Source: AlekseyIvanov – Shutterstock FXCoin and Sumitomo piloted an XRP based forward transaction from Japan to Singapore via the international remittance platform developed with SBI. The test aimed to demonstrate transactions between Japanese companies and foreign counterparties. The XRP based remittance platform for international payments developed by FXCoin Ltd. and SBI Holdings continues to…

How a weaker Yuan could strengthen bitcoin in the long run according to a FXCoin strategist

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A senior strategist at FXCoin, believes that the depreciation of the Yuan could have an impact on crypto leading more traders to cryptocurrency in 2020. 

Yasuo Matsuda said that bitcoin would more than likely be popular amongst the Chinese people due to the economic sanctions that they face.

A senior strategist at the Japanese crypto company FXCoin, believes that the depreciation of…

FXcoin plans XRP-based global cash management system

The Japanese exchange FXCoin plans to use the XRP token for global cash management and domestic and international remittances.

FXCoin will establish a swap market for XRP to hedge price movements in order to take advantage of the benefits of the cryptocurrency.

As was announced yesterday, the Tokyo-based crypto exchange FXCoin will set up an XRP based swap market to hedge price movements in…

Cryptocurrency Exchange FXcoin Launching XRP Remittance Pilot in Japan

The Tokyo-based crypto exchange FXcoin is gearing up to launch a remittance pilot based on the crypto asset XRP.

Japan’s Financial Services Agency gave the company permission to offer trading services in December of last year, and FXcoin says it’s accepting new accounts as of April 23rd.

Along with Bitcoin (BTC), the exchange says it plans to add additional cryptocurrencies to its trading…