Global Coin Research: Top news in Asia from Tuesday to today
Quick Take
- A summary of the week’s top crypto news in Asia by Global Coin Research
This twice-weekly newsletter is republished with permission from Global Coin Research, a global research firm with a focus on Asia blockchain and related technologies. You can find more resources on Asia Cryptocurrency and Blockchain at GlobalCoinResearch.com and on Twitter at @globalcoinrsrch
The most popular Japanese messaging giant LINE (but it's actually a Korean company) close to securing Japanese regulator’s approval to launch crypto exchange. Source
Feedback about Libra in Asia - 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.”
Additionally, it’s been reported that Libra will not be available in India and has yet to file with the Reserve Bank of India. Source
Checkout Twitter takeaways from the GCR x The Information conference call on Facebook’s Libra announcement. The Information invited one of Libra’s founding association members, Anchorage, a custody solution, to discuss how Libra has evolved over time. Source
An Essential and Practical Guide to Chinese Community by Toya from Nervos. Source
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. Source
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. Source
What Happened in Hong Kong and to the Crypto Markets. Source
Deals and Funds
Highlights and Excerpts from Neo Global Capital’s All-Weather Investment Strategy for Crypto. Source
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. Source
Business
Blockchain mastery among top 3 rising skills in Singapore according to LinkedIn- specifically, CTOs, developers and consultants are highly sought after. Source
China Wanxiang Holdings has partnered with blockchain-based tech firm PlatOn to develop a “smart city” in Hangzhou. Source
Japan’s Nomura and Nomura Research Institute Sign MOU to Establish Joint Venture Company. Source
Conglomerates’ Deep Pockets Continue Blockchain Growth in South Korea Despite Crypto Ban. Source
Sony Music has adopted Amazon Managed Blockchain for developing an infrastructure to manage music rights. Source
GCR Workshop #4: On Security Token Offerings with Jacqueline Kwok of Securitize. Source
Regulations
The City of Chongqing, China, has launched a government service platform on blockchain incorporation with Alipay. Source
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. Source
The Philippines Department of Information and Communications Technology has signed a Memorandum of Agreement with U.S.-based blockchain company Monsoon. Source
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. Source
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