Global Coin Research: Blockchain smart phones on the rise, Binance announces fiat to crypto OTC

Quick Take
- A summary of the week’s top crypto news in Asia by Global Coin Research

Top News from Friday to Today
WE ARE GOING ALL IN. Source
BREAKING: Binance co-founder Heyi announces at Shanghai Blockchain Week happening this week that Binance will introduce fiat to crypto OTC within one month. She says that Binance has already connected to fiat systems in 170 countries. Google translate
Bitcoin Mining Power Hits New High as Half a Million New ASICs Go Online. Source
GCR learned that the recently launched Antminer S17e by Bitmain was sold out in a day.
Blackstone CEO Steve Schwarzman- “[Blockchain technology] is a very good idea, and it will end up being adopted because it’s good technology. Applying it to the creation of money is sort of, for my taste, pretty odd.” Source
GCR first broke in English news that Binance has made its first strategic investment in China with Chinese media site Mars Finance. The company just completed its third round of financing since starting out last year with investors Binance, Ceyuan Ventures and Matrixport. Ceyuan Ventures is a previous venture founded by the partner of Dragonfly Bo Feng. Source
Coins and Mining
Bitcoin.com Announces Partnership With Taiwan’s HTC-> HTC’s flagship EXODUS 1 smartphone is now the first phone that provides Bitcoin Cash (BCH) support without having to download a BCH wallet from an app store. Source
Korean branch of crypto exchange OKEx is delisting all five of its listed privacy coins — Dash, Monero, Zcash, Super Bitcoin and Horizen — citing regulatory demands. Source
Mike Kennedy, founder of Zelle, is joining Interstellar as the new CEO. Source
Bobby Lee Returns With Ballet, a Crypto Hardware Wallet for the Masses. Source
Exchange News
Korean exchange Hanbitco’s representative Kim Seong-ah was elected as chairman of the Korea Blockchain Association cryptocurrency exchange. Source
Non-custodial exchange KyberSwap rolls out fiat-to-crypto gateway. Source
U.S.-based cryptocurrency exchange Coinbase is evaluating the launch of an initial exchange offering (IEO) platform in the near future. Source
Huobi Group Founder and CEO Leon Li has been named CEO, Chairman of the Board, and Executive Director of the Board of Hong Kong Stock Exchange-listed firm Pantronics Holdings Limited. Under a new proposal, the name of Pantronics may be changed to Huobi Technology Holdings Limited. Source
Business
Facebook’s Libra is not intended to challenge the “monetary sovereignty of nations,” according to cofounder and Calibra CEO David Marcus. At Ethereal in Tel Aviv, Calibra COO, Tomer Barel, explained that Libra will compete with cash effectively because it’s not owned by a single entity. Source
Blockchain adoption in Africa is on the rise. A look at Nigeria and Kenya. Source
Deloitte, a major audit firm, is exploring the use of virtual currency inside the company, and is making efforts such as permitting payments using Bitcoin (BTC) in employee cafeterias. Source
Blockchain Smartphones Preparing to Debut One after Another Per Korea Media: Source
Regulation
Chinese Regulators Demand a Clean-Up of Crypto Mining in Inner Mongolia. Source
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