Friday News Roundup

Friday News Roundup

 Top News in Asia from Tuesday to Today 

The most popular Japanese messaging giant LINE (but its’ actually a Korea company) close to securing Japanese regulator’s approval to launch crypto exchange.

Libra update: checkout Twitter takeaways from the GCR x The Information conference call on Facebook’s Libra announcement. The Information invited one of the Libra’s founding association members, Anchorage, a custody solution, to discuss how Libra has evolved over time. We are also hearing some other feedback about Libra- “The Libra is not enough to affect monetary policy,” said the US Federal Reserve President. Pony Ma, founder of WeChat, comments on Libra: “the technology [component] is already very mature, it’s not too difficult. It all depends on whether regulators allow it.”

Additionally, it’s been reported that Libra will not be available in India and has yet to file with the Reserve Bank of India.

An Essential and Practical Guide to Chinese Community by Toya from Nervos


Most Clicked on From the Last Newsletter

Carbon footprint of Bitcoin– an extensive analysis: study determines that there is 68% Asian, 17% European, and 15% North American computing power in the network.’

The government of Georgia has signed a memorandum of understanding (MoU) with blockchain technology firm Input Output Hong Kong (IOHK) to implement blockchain-enabled projects across business, education and government services.

What Happened in Hong Kong and to the Crypto Markets.

?Deals and Funds

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

Social currency startup Roll has raised a $1.7 million seed round to help content creators monetize relationships with their fans, led by Arthur Hayes, the CEO of BitMEX.


  Exchange News

The Prosecutor’s Office of Seoul, South Korea, has charged one of the largest Bitcoin exchanges in South Korea, Bithumb, with a leak of confidential financial data of over 31 thousand users.

? Coins and Mining

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 its 500,000 users.

Nervos Network on PoS and Mining Centralization, the startup behind the EOS blockchain, paid $30 million in cash to purchase a domain name for its social media platform

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

? Business

Blockchain mastery among top 3 rising skills in Singapore according to LinkedIn- specifically, CTOs, developers and consultants in highly sought after.

China Wanxiang Holdings has partnered with blockchain-based tech firm PlatOn to develop a “smart city” in Hangzhou.

Japan’s Nomura and Nomura Research Institute Sign MOU to Establish Joint Venture Company.

Conglomerates’ Deep Pockets Continue Blockchain Growth in South Korea Despite Crypto Ban.

Sony Music has adopted Amazon Managed Blockchain for developing an infrastructure to manage music rights.

GCR Workshop #4: On Security Token Offerings with Jacqueline Kwok of Securitize.

? Regulations

The City of Chongqing, China, has launched a government service platform on blockchain incorporation with Alipay.

The Department of Federal Revenue of Brazil (RFB) has released new rules requiring that cryptocurrency exchanges inform the regulator about users’ transactions in order to identify tax fraud.

The Philippines Department of Information and Communications Technology has signed a Memorandum of Agreement with U.S.-based blockchain company Monsoon.

Russia’s parliament will adopt the country’s major crypto bill “On Digital Financial Assets” in the next two weeks. the authority has approved separate legislation for initial coin offerings, which will be a part of Russia’s law on crowdfunding.

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