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Tuesday News Roundup

 Top News from Friday to Today

Binance will soon add support of fiat trading, starting with the Russian ruble. http://bit.ly/2P7PJmM

Dragonfly Capital Summit in Beijing– The Incoming of VC Capital into Blockchain? http://bit.ly/2JbfWg8

Is RMB trading making a comeback in Crypto? http://bit.ly/2p3lkLB

Bitmain’s new Texas-based Bitcoin mining facility is finally open after a year of construction delays. http://bit.ly/2Jc8xx8

Tether is considering creating an algorithmic alternative to its popular USDT token. The proposed algorithmic Tether would work in much the same way as Dai,  as a means to provide another route to issue and trade USD-pegged assets. http://bit.ly/31A8KR2

China’s internet regulator, the Cyberspace Administration of China (CAC), has released the second list – 309 companies long – of registered blockchain service providers- In addition to technology companies, traditional industry giants like China Southern Airlines has also registered its China Southern Airlines Chain.  http://bit.ly/2pD6v2g

Investments

Roger Ver’s Bitcoin.com acquires Japanese blockchain development startup O3 Labs, whom has previously built applications for the NEO and Ontology blockchain networks. http://bit.ly/2N1cZQv

Ripple has led an investment round in Bitso, one of the biggest crypto exchanges in the Spanish-speaking world. http://bit.ly/31vtKIZ

💸

  Coins News

Binance joins governance council of Kakao’s public blockchain network Klaytn. http://bit.ly/2N58cxs

Frax, a fractional reserve-backed stablecoin today announced that one of Donald Trump’s economic advisors and former Federal Reserve nominee, Stephen Moore, and a former Reagan deputy general counsel, Ralph Benko, have officially joined the executive team of the company. http://bit.ly/35VkXDy

India’s finance minister was cautious when he attended the World Bank annual meeting, saying, “We need to be as cautious about Facebook Libra as in other countries.” http://bit.ly/2JaUSqi

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  Exchange News

Bitfinex seeks a deposition of an individual who purportedly could help it recover some of the $880 million owed to it by payment processor Crypto Capital. http://bit.ly/2Jc7rBB

G20 kicks off debate to regulate ‘stablecoins’ in hit to Facebook’s Libra. https://s.nikkei.com/31CkS46

Bittrex International, Malta-based international unit of United States’ crypto exchange Bittrex, will cease operations in Venezuela and 30 other countries, moving headquarters from Malta to Liechtenstein. http://bit.ly/31xunSb

Binance DEX now opens trading for an XRP/BUSD trading pair. http://bit.ly/2qtpgFK

🧳 Business

VDS-like Scam: Aircoin PGS Cracked Down in China.

HTC launches a smartphone with Bitcoin full node capabilities- It’s around $250, and you can buy it with crypto. http://bit.ly/2J8aUkQ

⚖️ Regulation

Remittances Partnership to Use Cambodia Central Bank’s Blockchain System: http://bit.ly/2MySxHz

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