Friday News Roundup

Friday News Roundup

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Top News from Tuesday to Today

TROY and BlockVC is accused of fraud; Chinese CEO urges CZ to remove listing from Binance.

China’s central bank governor says there is no timetable for digital currency launch.

Although the schedule of the second batch of China’s digital yuan pilot is delayed, more regions in China are striving for the trial.

An in-depth look at Korea’s crypto start-up house Nonce

India central bank gives green light for crypto firm bank accounts.

China has already resumed physical conferences– this time, the Hangzhou Blockchain week is back in July.

?Exchange and Markets News

Five Binance users took to the exchange’s Shanghai office—which it says doesn’t exist—to complain about FTX tokens and other issues. Binance says the protest wasn’t real.

?Investment and Funds

Tencent Holdings aims to bolster blockchain technology development across China as part of a $70 billion investment in fintech.

Coinbase Ventures, Polychain Capital invest $2.5 million in Indian crypto exchange CoinDCX.

Hong Kong SFC-licensed blockchain and crypto-related asset manager, MaiCapital Limited, announced the launch of its second crypto-themed quantitative hedge fund, Bitcoin Investment Fund, which aims to track and potentially outperform Bitcoin’s performance in various market conditions.


Veteran Bitcoin miners say price drop is good for them.

Bitcoin miner maker Canaan to issue $12.4 million worth of shares in employee benefit plan.

Chinese Bitcoin miners: we’ll never be shorters despite the tough times.


Band Protocol will launch its mainnet on June 10.

Brad Garlinghouse, the CEO of Ripple, has taken to Twitter urging U.S. regulators to get on board with cryptocurrencies, or risk losing global financial dominance to China.

? Business

Gemini has become the first U.S. crypto exchange and custodian to partner with Samsung.

To see Libra’s potential, look at the Philippines, not the US.

The largest commercial port operator in India has teamed with blockchain-based logistics platform TradeLens in an effort to digitize its supply chains.

State-run cryptocurrency offers many opportunities.

South Korea’s electronic giant LG exhibits interest in distributed ledger technology, joining the governing council of Hedera Hashgraph.

IMF expert says a synthetic CBDC is gaining popularity and will drive more innovation.


China calls on Bitcoin’s heritage protection on two sessions?

The government of South Korean is preparing to legislate crypto taxes by proposing a new amendment to the existing law.

The island province Hainan in South China released a series of policies to accelerate the blockchain industry growth, among which the leading enterprises are encouraged to construct digital assets trading platforms.

Reserve Bank of India: Crypto Exchanges and Traders Are Free to Use Banking Channels.

China has been at the forefront of blockchain development in the past year, investing heavily in both private and government-led initiatives looking to implement the burgeoning new technology. However, if the latest proposal gets passed, blockchain development in the country could get turbocharged.

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