A statement from the Stellar Development Foundation (SDF) said Stellar was integrated with the Samsung Blockchain Keystore. This made it possible for Samsung device users to store and use XLM in Samsung's official built-in wallet.
Denelle Dixon, SDF's chief executive, said: “it's very important to offer a really simple way for users to store their keys and use them on the chain, and that's why we're excited.” description found.
CRYPTOCURRENCY MOVE BY WORLD'S FIFTH LARGEST BANK
Mitsubishi UFJ Financial Group (MUFG), the world's fifth-largest bank, is set to roll out its own digital currency in the second half of 2020.
MUFG president and CEO Hironori Kamezawa told news agency Mainichi Shimbun that they are in partnership with Recruit Group and planned to make mobile individual payments backed by digital currency.
Hironori Kamezawa said in a statement that about 1 million Recruit member stores have already signed up to this collaboration and stated that they think anyone can use it openly.
It emerged that payment giant PayPal had written a letter to the European Commission in March, informing it that it was doing work in the cryptocurrency field. The company wrote in the letter that it had taken concrete steps to improve its capabilities in the cryptocurrency field. PayPal said in the same letter that it believed cryptocurrencies could be the solution to the issues the current financial system needs, calling on policymakers to make arrangements that encourage innovation.