{"id":267870,"date":"2020-07-10T07:24:30","date_gmt":"2020-07-10T11:24:30","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=267870"},"modified":"2020-07-23T14:17:53","modified_gmt":"2020-07-23T18:17:53","slug":"brave-and-bitflyer-partner-up-for-new-crypto-wallet-development","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/brave-and-bitflyer-partner-up-for-new-crypto-wallet-development","title":{"rendered":"Brave and BitFlyer Partner Up For New Crypto Wallet Development"},"content":{"rendered":"
BitFlyer stands as one of the biggest crypto exchanges Japan has to offer, at least in regards to trading volume. Today, however, this exchange has announced<\/a> that it will make a partnership with the popular privacy-focused internet browser service, Brave.<\/p>\n As the announcement explained, Brave<\/a> and BitFlyer<\/a> will work in collaboration, in order to develop a crypto asset wallet that Brave\u2019s browser users can access.<\/p>\n As it stands now, details have been exceedingly sparse in regards to this new Bitcoin wallet<\/a> that\u2019s been made available. The Brave browser\u2019s Japan-based users are rewarded with Basic Attention Token Points (BAP) instead of the usual BAT. This is due to the stricter regulatory requirements for crypto in Japan, which also prohibits them from trading these points for money on crypto exchanges<\/a>.<\/p>\n This announcement, in turn, is quite likely to bring up a large amount of speculation. This is due to this crypto wallet possibly enabling Japan\u2019s Brave users to earn BAT instead of BAP, or to somehow convert these two currencies with each other.<\/p>\n As a response to this, a spokesperson from Brave went to the press to give a public statement. This spokesperson explained that Brave is currently allocating \u201cPoints\u201d to its Japanese users as rewards, but there are some key limits to it. Through this partnership with BitFlyer, it\u2019s hoped that a way can be found to go beyond this.<\/p>\n BitFlyer gave its own statement, assuring that the crypto wallet will have further details revealed about it. These details are said to occur on the 30th of July, 2020, in Tokyo. An event will be held, then, where the founder of Brave, Brenden Eich, will participate in the event. It\u2019s said that this event will have advertisers as its primary target in terms of exposure.<\/p>\n Brave has seen a massive increase in popularity within the country of Japan. It was just last month when the privacy-focused browser made a partnership<\/a> with \u201cBTS,\u201d or the Bangtan Boys, a pop idol group. Alongside this, Brave secured a partnership with a Japanese esports team, as well, going by Rush Gaming. Both these partnerships will see Brave develop browsers exclusively for Japan.<\/p>\n It remains to be seen how this new crypto wallet will pan out, but it\u2019s clear that Brave has recognized its unique foothold in Japan. With any luck, the browser will be allowed to flourish within its borders, and it will find a way to enable its Japan-based users to gain BAT instead of BAP.<\/p>\n","protected":false},"excerpt":{"rendered":"New Developments Kept Vague<\/strong><\/h2>\n
Trying To Find A Workaround<\/strong><\/h2>\n
<\/a><\/p>\n
Great Potential Noticed<\/strong><\/h2>\n