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Tuesday News Roundup

 Top News from Friday to Today

Huobi CEO Leon Li on Achieving Bitfinex’s Efficiency; Acquiring Licenses around the World; Executive Departure. http://bit.ly/2CculVO

Binance Enters Korean Market With New Business Entity. Crypto exchange Binance may soon add support for Ukraine’s and Kazakhstan’s fiat currencies for direct crypto buying. http://bit.ly/2oQpxST

Hong Kong’s new crypto funds struggle to clear licensing hurdles. Reuters could only identify one: Hong Kong-based Diginex, which operates a cryptocurrency “fund of funds”. https://reut.rs/2WQprqP

India defense minister: The armed forces must be equipped with artificial intelligence, big data and blockchain technologies to meet the challenges of modern warfare. http://bit.ly/2WJlOmu

China wanted to close the tech gap with the west. Its blockchain work is doing a good job of proving it’s not a paper tiger.  http://bit.ly/2JNnjej

💸

  Coins News


Earlier, it was rumored that Bitmain’s Micree Zhan embezzled the company’s property for his own sake among Chinese media. On November 1st, Jihan Wu denied the rumor on WeChat as Wu thought the media were hyping it up. http://bit.ly/32hk592

Crypto Lending Platform Cred Appoints Cliff Edwards, former US head of PR for Tron, As Chief Marketing Officer. http://bit.ly/2NRQoqf

McAfee DEX to Support TRON, EOS, BNB and NEO. http://bit.ly/36qKl4a

Vietnam TPBank starts international remittance using Ripple. http://bit.ly/2NIkjkv

💸

  Exchange News

Binance.US supports debit card on-ramp as volumes top $15 million. http://bit.ly/2PWkyv9

Huobi Global to Freeze US Customer Accounts by Mid-November. http://bit.ly/2PXmpjl

Bitmex Email Privacy Issue: What Happened According to the Company. It is reported that BitMex saw  at least 23,000 user mailboxes leaked, including a government mailbox. http://bit.ly/34v5k40

Singapore-based BondEvalue today announced that it has been approved to enter the Monetary Authority of Singapore’s (MAS) Sandbox Express to launch a blockchain-based bond exchange. http://bit.ly/2WHfg7N

🧳 Business
 

Multinational telecommunications and consumer electronics giant Huawei has signed a strategic cooperation agreement with China’s central bank, the People’s Bank of China (PBoC). http://bit.ly/34pNWh4

TSMC is Ramping up 5nm Production, 2nm in Plan. http://bit.ly/2qn29wI

International Data Corporation predicts that Chinese businesses would spend $2 billion on blockchain by 2023, with a compound annual growth rate of 65.7 percent from 2018 to 2023. http://bit.ly/2WJkyjg

Korean blockchain company and early exchanges Coinplug has been selected as a military service exception company. With this selection, CoinPlug can hire special military research specialists or industrial technical personnel, or receive support from other designated companies.  http://bit.ly/2JOBiQK

Singapore-based SpaceChain aims to build the world’s first open-source Blockchain-based satellite network. http://bit.ly/32coA4U

⚖️ Regulation
 

Turkey working on digital currency; pilots expected to finish by 2020-end. http://bit.ly/2NhmhsY

China Introduces Blockchain-Based Identification System for Cities: China continues to up its blockchain game with an independently developed blockchain-based identification system for cities as part of its smart city infrastructure. http://bit.ly/2qnUzBI

Sound Economy Behind China’s Blockchain Push. http://bit.ly/2PP8Ult

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