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Changelly Teams Up with Pillar to Facilitate Its New In-Wallet Exchange Feature

  • Alex Dovbnya
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    Performing token exchange has secured a promising partnership with cryptocurrency wallet Pillar


Changelly Teams Up with Pillar to Facilitate Its New In-Wallet Exchange Feature
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Pillar, an easy-to-use token wallet, has unveiled its brand-new exchange feature that is the result of its partnership cryptocurrency exchange Changelly. Its users are now able to effortlessly swap ERC20-tokens for PLR within the comfort of their own wallet.

Pillar Offers Engine, explained

The cryptocurrency and token exchange functionality is powered by the Pillar Offers Engine, which poses as the backbone of the company’s evolving e-commerce platform. 

The main purpose of the engine is to accumulate all offers on the market, which eliminates the need to search for the best deal. 

Presently, Ethereum is the only supported Blockchain, but Pillar is planning to expand the inventory of available protocols. In particular, they are currently working on BTC support.

Swapping tokens with Changelly

The Changelly API integration made it super easy to swap Ethereum-based for Pillar tokens. 

All you have to do is to choose your selling and buying coin (in this case, it’s ETH and PLR) and enter the amount of Ether that you would like to exchange. 

After confirming the transaction, your tokens will appear in the app.

Pillar states that buying its PLR token doesn’t incur any fees. However, purchasing Ethereum tokens will require a subscription fee of roughly €1.

Cover image via www.123rf.com
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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Japanese Regulator Calls on G7 to Take Different Look at Libra Coin

  • Yuri Molchan
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    The Finance Minister of Japan urges G7 to take a different view of Libra Coin to see if there are any new potential challenges for the global finance system


Japanese Regulator Calls on G7 to Take Different Look at Libra Coin
Contents

Facebook’s Libra’s upcoming release has upset the whole financial industry around the world and raised a wave of criticism. Even Japan is concerned as to what effect it could produce on the local banking system.

Taro Aso urges G7 to think differently

The Finance Minister of Japan, Taro Aso, believes regulators from G7 must take a different look at Libra currency to see if there are new possible challenges that this project may impose on the global system of finance and that have been missed by regulators so far.

Bankers, regulators and lawmakers around the world have opposed Facebook Libra project with harsh criticism, stating that Libra must be put under severe control measures to prevent users around the world from utilizing LBR for money laundering, illegal collection of user data and disrupting the global banking system.

Taro Aso said:

Applying existing regulations alone may not be enough. A comprehensive examination is needed to see if Libra poses new challenges that existing rules do not take into account.

He also pointed out that regulators have to make a timely response so as not to fall behind.

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The current G7 summit in Paris

Presently, the leaders of the top seven countries with a developed economy have got together not far from Paris and have agreed that Libra requires more focus. However, no concrete plan on dealing with the threat to the banking system has been voiced yet.

A rep of the Japanese ministry of finance that took part at the summit told CNBC that the majority of G7 members agree that Libra is an object of a strict focus regarding the protection of the current fiscal policy and protection of user data. He also said that the outcomes of that discussion will be published in a statement later on.

Cover image via u.today
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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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