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. https://bloom.bg/2IskJKe
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.” http://bit.ly/2IutcwL
Additionally, it’s been reported that Libra will not be available in India and has yet to file with the Reserve Bank of India. http://bit.ly/2IuMbqO
An Essential and Practical Guide to Chinese Community by Toya from Nervos http://bit.ly/2IsNiY0
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.’ http://bit.ly/2x0pnsr
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. http://bit.ly/2FgmFnc
What Happened in Hong Kong and to the Crypto Markets. http://bit.ly/2IvQi6a
🤝Deals and Funds
Highlights and Excerpts from Neo Global Capital’s All-Weather Investment Strategy for Crypto. http://bit.ly/2ItRJSg
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. http://bit.ly/2IurGdJ
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. http://bit.ly/2ItQvXa
₿ 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. http://bit.ly/2It6Yeg
Nervos Network on PoS and Mining Centralization
Block.one, the startup behind the EOS blockchain, paid $30 million in cash to purchase a domain name for its social media platform Voice.com. http://bit.ly/2IsHT3k
Amber AI’s cheat sheet for Algorand’s Dutch Auction. http://bit.ly/2Itq0Bp
🧳 Business
Blockchain mastery among top 3 rising skills in Singapore according to LinkedIn- specifically, CTOs, developers and consultants in highly sought after. http://bit.ly/2IvXI9y
China Wanxiang Holdings has partnered with blockchain-based tech firm PlatOn to develop a “smart city” in Hangzhou. http://bit.ly/2IsGvgR
Japan’s Nomura and Nomura Research Institute Sign MOU to Establish Joint Venture Company. http://bit.ly/2IsCVDE
Conglomerates’ Deep Pockets Continue Blockchain Growth in South Korea Despite Crypto Ban.http://bit.ly/2IsBHIl
Sony Music has adopted Amazon Managed Blockchain for developing an infrastructure to manage music rights. http://bit.ly/2IxwU8V
GCR Workshop #4: On Security Token Offerings with Jacqueline Kwok of Securitize. http://bit.ly/2IsOafo
⚖ Regulations
The City of Chongqing, China, has launched a government service platform on blockchain incorporation with Alipay. http://bit.ly/2ItW1cA
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. http://bit.ly/2It77hO
The Philippines Department of Information and Communications Technology has signed a Memorandum of Agreement with U.S.-based blockchain company Monsoon. http://bit.ly/2ItsPCv
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. http://bit.ly/2IuMtxU
