CryptoKitties debut app on HTC; India likely treat crypto as commodities; World Cup $1.5
What Crypto insiders are reading on Asia.
CryptoKitties to roll out a mobile app on HTC’s flagship phone, the U12+, through a partnership with the Taiwanese phone maker. http://bit.ly/2zzd9v0. Be sure to check out our podcast with Benny Giang, co-founder of Cryptokitties, on their go to market experience in Asia.
Authorities in India are likely to choose against a sweeping cryptocurrency ban and treat them as commodities. http://bit.ly/2usbFN9
The dilemma of consortium blockchain projects In China. http://bit.ly/2um7aDY
Chinese police cracks down on $1.5 billion cryptocurrency World Cup gambling ring. http://bit.ly/2utDiWc
Korea Blockchain Association indirectly admitted that its in-house inspection of 12 cryptocurrency exchanges’ safety and security may have loopholes. http://bit.ly/2uqlJXe
Business and Regulation News
In the biggest open ledger initiatives in India to date, automakers and component companies have decided to implement a vendor management system on blockchain technology, potentially porting some 2 bn transactions a year to the new platform. http://bit.ly/2zyh4rP
Members of South Korea’s political parties will present their draft bills on Cryptocurrency and Blockchain on it during the National Assembly, from July 13 to 26. http://bit.ly/2zzcolM
The Japanese Yen accounts for more than 44 percent of global volume vs the Yuan that accounts for less than 1% of global volume. https://bloom.bg/2utDKDS
Coin and Exchange News
Citibank Human Resources Managing Director James Mendes to join Block.one as Chief People Officer. http://bit.ly/2uzibCb
LendChain invested in BITMAIN’s BCH Angel Fund, which will bring the Bitcoin Cash community support to LendChain. http://bit.ly/2NaZqfI
Forbe’s “top 10 new blockchain companies to watch for In 2018” includes FCoin. http://bit.ly/2zyfVRh
What did you guys think of our Global Coin podcast thus far with co-founder and Fortune Cat, Benny Giang, from Cryptokitties? And be sure to check out our latest collaboration with TechBuzz China on their 12th podcast episode Bitmain, with commentary directly from Jimmy Song and Tim Swanson.