Asia

Global Coin Research: Top news in Asia from the weekend to today

Quick Take

  • A summary of the week’s top crypto news in Asia by Global Coin Research

This twice-weekly newsletter is republished with permission from Global Coin Research, a global research firm with a focus on Asia blockchain and related technologies. You can find more resources on Asia Cryptocurrency and Blockchain at GlobalCoinResearch.com and on Twitter at @globalcoinrsrch


Top News in Asia from Saturday to Today

Binance Chain gaining traction: 
-Blockchain ride-hailing app Tada to switch from Ethereum onto Binance chain. Source
– A portion of MEET.ONE-Pegged Token will be migrating to Binance Chain, which will mark the first $EOS token on the Finance DEX. Source

Bitmain, along with Ebang, the world’s third-largest bitcoin mining machine maker, are reportedly considering an initial public offering (IPO) in the U.S. after their Hong Kong plan flopped. Source: Bitmain, Ebang 

Malaysia has launched a work visa program for Blockchain Tech Professionals. Source 

 

Most Clicked on From the Last Newsletter

Highlights and Excerpts from Neo Global Capital’s All-Weather Investment Strategy for Crypto. Source

Amber AI’s cheat sheet for Algorand’s Dutch Auction. Source

Xfers, backed by 500 Startups, Golden Gate Ventures and Facebook co-founder Eduardo Saverin, will make use of Zilliqa’s recently launched smart contracts to make payments more efficient and transparent for Xfers 500,000 users. Source

 

Events coming up in Asia

StakingCon is taking place in July 10th in Beijing- with Algorand, Cardano, Tezos, Dash, NEM, IRISnet, VSYS, Edgeware, AELF, MultiVAC, Near Protocol, Decred. Source

Complimentary tickets are available to KryptoSeoul for BUIDL 2019 on July 22nd and 23rd, a technical and business forum held at Novotel Ambassador Gangnam. We have partnered up with the team to bring premium subscribers complimentary tickets to the conference, while supplies last.

Complimentary tickets are available for our premium subscribers to Asian Blockchain Chain in Taipei in July 2&3, while supplies last. New speakers include Justin Sun, CZ and Arthur Hayes.

 

Exchange News

Korean exchange Bithumb announces plans to start of EOS blockchain voting. The report says that Koreans own about 10% of EOS tokens and Bithumb owns the most out of all the Korean exchanges. Source

 

Coins and Mining

Wal-mart China announced the creation of a Blockchain Food Safety and Traceability Platform alongside partners VeChain, PwC, China Chain Store and Franchise Association. Wal-Mart will use VeChain’s blockchain technology to verify products along the supply chain, increasing consumer trust. Source

IRISnet, a Chinese based project and also a hub built on Tendermint, announced a One-year Token Burning Plan. Source

 

Business

Chinese blockchain game developer launches cloud-based integrated development environment (IDE) tool to access the Libra Move language, supposedly reducing compiling time from 1 hour to 3 minutes. Source

Bitcoin Arbitrage Scams Run Rampant in China with Over 15,000 ETH Swindled in “Huobi Arbitrage Scam”. Source

China says will not allow Hong Kong issue to be discussed at G20 summit. Source

The Japanese community’s view on Libra. Source

Global Coin Research founder Joyce Yang gave a talk about how to think about go-to-market in Asia, and shared some insight and resources to help folks see the opportunities and happenings in Asia. Source

 

Regulations

Korea regulators announce that if Korean virtual currency exchanges fail to comply with the FATF virtual currency regulatory guidelines, their business license will be canceled. The bill is under review and is expected to be implemented in the second half of next year. Source

Russian Central Bank official: Fraudsters ‘very rarely’ use crypto to withdraw stolen funds. Source

Hong Kong cryptocurrency exchanges and custodians are seeking out insurance to cover the risks of hacking and theft, in an effort to comply with future regulation by the city’s securities watchdog to provide full protection for client assets. Source