Today’s Crypto News on Asia- July 2nd

Crypto News: Binance to hire in Taiwan; OKEx expands in Malta; Coinbase Custody

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Top News

Coinbase Custody opens today to secure storage of crypto assets for institutions in both the US and Europe. Coming to Asia before end of year. http://bit.ly/2tL1aVE

OKEx accelerates expansion to Malta. http://bit.ly/2NiRWbF

Bitmain-invested CoinEx trading volume surpasses that of Binance. http://bit.ly/2NkAHGC

*China Media* at the 2018 Asian Block Summit on July 2, CZ said that Binance has plans to build a Crypto education institution in Taiwan and is looking to hire a lot locally. Google translated news.

The Filipino gov’t is limiting the number of Crypto licenses it issues to 25, including 10 exchanges. Each exchange has to invest $1mn USD and a back office in the Philippines. http://bit.ly/2tYyUyn

Coin and Exchange News

The world’s oldest exchange BTCC is relaunching its exchange platform and also planning to launch its own token. http://bit.ly/2NeWVKd

Opening of FCoin’s Growth Project Market today with 21 cryptocurrencies. Seller is charged with a fee of 0.2% while totally free on the buyer’s side. http://bit.ly/2z3XhjL

THEKEY and China’s ministry that manages the employment market will cooperate on research in the area of social insurance blockchain applications. http://bit.ly/2NluMBs
AMA will be held on Reddit at 8:00 p.m. July 4th GMT

There has been an explosion of Korean blockchain projects, according to the new VC fund Deblock founded by ICON. http://bit.ly/2tNmw4

Business and Regulation News

Microsoft Taiwan teams up with two Asia-based companies to create a blockchain platform for enterprises in the Asia-Pacific region. http://bit.ly/2NiQJ47

Indian crypto exchange Wazirx has been working on a solution around the gov’t ban and it it is launching a P2P crypto transfer service. http://bit.ly/2z2sp3e

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