Today’s Crypto News on Asia — June 14, 2018
Thailand allows 5 ICOS; China allows JD to issue asset backed tokens’ INBlockchain partner feud with Kuaidi founder
What Crypto insiders are reading on Asia.
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Thai financial regulator is expected to approve five ICO projects out of 50 under the new regulatory framework that recently legalized 7 coins and exchanges. http://bit.ly/2t7IoXK
Chinese e-commerce JD plans to issue asset-backed security token with approval from China’s Securities Regulatory Commission. http://bit.ly/2JOFbDe
Reserve Bank of India admitted having conducted no research prior to its ban of banks from the crypto industry. http://bit.ly/2t28lb0
Coin and Exchange News
Binance’s fiat integration may lead exchanges to move to Malta. http://bit.ly/2JKrjKx
Korea crypto exchange Bithumb to list Cardano (ADA). http://bit.ly/2t89zl5
SophiaTX likely to open office in China, according to CEO. http://bit.ly/2JApT97
Binance will list Siacoin (SC). http://bit.ly/2JMWftz
Business and Regulation News
**Chinese Media** Li Xiaolai, partner from InBlockchain and one of the largest influencers of Crypto market in China, lashes back at Kuaidi’s cofounder Chen Weixing after accusations. Li claims Weixing’s crypto investment XMX is “air” and plagiarized EOS code. Google Translated Link, but best read in Chinese
**Chinese Media** Korea’s Coinrail has launched compensation plan today after its hack over weekend. The coins will be come from the coin companies themselves such as DENT.