Friday News Roundup

Friday News Roundup

Top News from Tuesday to Today

Dragonfly: CeFi in Asia is growing notably faster than US counterparts?https://bit.ly/2z1vL6Y

How China DC/EP is actually being rolled out and how it benefits the State-Own banks?https://bit.ly/2VDU4iW

USDT: 25%-60% of ImToken network traffic in 2019; Ranking 2nd in DEXes. https://bit.ly/2z1waGw

Libra confirms shift to multi-currency model, points to support for central bank digital currencies. https://bit.ly/2VAzgsQ

?  Exchange and Markets News

Binance opens up P2P crypto trading in Venezuela. https://bit.ly/3elqPKm

Huobi Group becomes the latest crypto company to develop a blockchain analytics tool. https://bit.ly/2xAbN2W

BitForex,a leading digital asset exchange service, launches BitForex CApp Town to foster the Adoption Of Blockchain applications. https://yhoo.it/2Vxf5vU

Japanese crypto exchange BitFlyer starts trading brave tokens. https://bit.ly/34EfZe8

Singapore-based Delta Exchange has announced the launch of Bitcoin (BTC)/Tether (USDT) futures contracts, allowing users to trade BTC futures with USDT collateral. https://bit.ly/2XS4oXF

?Investments

Blockchain and cryptocurrency venture capital firm Multicoin Capital has led a $1.5 million seed round for Chinese decentralized finance (DeFi) protocol dForce. https://bit.ly/2RLcYn7

Crypto Finance AG, the operator of several institution-oriented crypto businesses, has raised 14 million Swiss francs ($14.5 million) in a Series B funding round led by Swiss investor Rainer-Marc Frey and major Beijing-based private equity fund Lingfeng Capital. https://bit.ly/3a9LsG1

Atomic Loans raises $2.45 million to build a decentralized lending protocol for bitcoin. https://bit.ly/3cjVBkU

?Coins

China’s Internet Finance Association says Blockchain is maturing. https://bit.ly/3csU1xr

China blacklists Blockchain company from exporting fake medical supplies to other countries, claiming that its tarnishing the national image. https://bit.ly/3emixSF

Chiliz.net, a Singapore-based sports blockchain venture and crypto exchange, has listed the first sport token – Juventus Fan Token (JUV), a blockchain token released by Italian professional soccer club, Juventus, in collaboration with sport-focused token platform Socios.com. https://bit.ly/2XCUUzf

Crypto gaming firm Enjin claims that it is now “certified and compliant in China” but locals question their certificationhttps://bit.ly/3eqX8Yv

? Business

China’s blockchain technology drives a boon for Hong Kong. https://bit.ly/2K6I8RE

$12M Wheat Trade between U.S. and Indonesia settled on Blockchain. https://bit.ly/3cmsa

Chinese tech giant Alibaba’s subsidiary launches consortium blockchain platform, this platform is aimed at helping SMEs deploy blockchain applications faster and cheaper. https://bit.ly/2RIIgeg

China announces members of its national blockchain com­mit­tee, includes Baidu and Tencent executives. https://bit.ly/2RIIsKw

??Regulation

India’s coronavirus app falls short on protecting user privacy. https://bit.ly/3eqWMRF

International Regulatory Milestones for Crypto Exchanges in 2020, including South Korea and India. https://bit.ly/34FfCji

US Gov’t issues new guidance against North Korea’s cryptojacking, ransomware and hacking. https://bit.ly/3evL4p0

The Philippines Securities and Exchange Commission has flagged its third cryptocurrency scam this month, warning investors against a scheme dubbed “The Billion Coin” (TBC).  https://bit.ly/3et2ZMU

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