HACK #3. Japan Cryptocurrency Exchange ZAIF, Ripple partners with PNC, Lambo’s in Tokyo

HACK #3. Japan Cryptocurrency Exchange ZAIF, Ripple partners with PNC, Lambo’s in Tokyo

The New York State Office of the Attorney General (the “OAG”) launched the Virtual Markets Integrity Initiative to protect and inform New York residents who trade in virtual or “crypto” currency. As a medium of exchange, an investment product, a technology, and an emerging economic sector, virtual currency is complex and evolving rapidly. The OAG’s Initiative, however, proceeds from a fundamental principle: consumers and investors deserve to understand how their financial service providers operate, protect customer funds, and ensure the integrity of transactions.

Virtual Currency Trading Platforms
Public interest in virtual currency – bitcoin, ether, and other digital units used to store or exchange value – has increased significantly. The best-known virtual currency, bitcoin, was created less than a decade ago and is now valued at over $100 billion.[1] Another virtual currency, ether, went from an abstract concept described in a “white paper” to a tradeable asset valued at over $20 billion in less than five years. There are currently more than 1,800 different virtual currencies exchanged around the world, with more released each month. No longer the exclusive province of tech-savvy hobbyists and traders, virtual currency now appeals to Wall Street firms and “mom-and-pop” retail investors.
https://virtualmarkets.ag.ny.gov/#section2

On Wednesday (19 September 2018), cross-border payment specialist Ripple announced that it had signed up PNC Bank, a top 10 U.S. bank.

Ripple Wins Another Customer: PNC, a Top 10 U.S. Bank With Over $380 Billion in Assets
PNC Financial Services Group (“PNC”) is the nineth-largest U.S. bank, according to the latest numbers from S&P Global Market Intelligence, with $380.7 billion in total assets (as of 30 June 2018). It has over eight million customers (consumers, small businesses, and large corporations) that use its “various deposit, lending, credit card, cash management and investment services,” and retail branches in 19 states. Ripple says that its technology “will have an immediate impact on each of those groups, enabling PNC’s commercial clients to receive payments from overseas banks in real time.”
https://www.cryptoglobe.com/latest/2018/09/ripple-wins-another-customer-pnc-a-top-10-u-s-bank-with-over-380-billion-in-assets/

Lamo in Japan
https://jalopnik.com/japans-lamborghini-day-is-delightfully-colorful-1819731771

More Lambo’s in Tokyo Video

https://youtu.be/3tBnupnQxYg

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