Today’s Crypto News on Asia — June 8th

Korea Line to open 6 crypto exchanges; Bithumb taxed $28mn; Singapore says ICO not a security

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Top News

Korea Line is looking to open 6 crypto exchanges.

Korea taxes Bithumb with USD $28 mn.

**Chinese Media** Singapore Monetary Authority: ICO by nature is not a security. Google translated link

South Korean Government establishes WaltonChain Institute, following Ripple.

Coin and Exchange News

VeChainThor Testnet is now available on Github.

Japan confirmed issuing its first official rejection of an exchange.

ICON and Deloitte Startup Advisory Group are cooperating.

Business News

Quartz’s take on India’s surging cryptocurrency crime.

Baidu launched its first blockchain native App. It’s about the universe and it’s quite pretty.

BinanceLabs has put their Reddit AMA in medium.

Ant Financial raises US$14 bn.

Looking for our Asia-based company calendar? We’ve moved it to our website!

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