Binance to offer technology and platform to partners; IndiaChain; EOS mission by Dan Larimer; Korea treat exchange as currency handling businesses What Crypto insiders are reading on Asia. Subscribe now 🌟 Top News *China Media* in where alliance members will get access to Binance’s management system, cold wallet system, hot wallet system, capital clearing system, global customer support in multi-language, and global customer identification and anti-money laundering system. As part of the alliance, Binance will provide all the backend services such as R&D, operation, maintenance and security while members can just focus on marketing and front office operations. Binance is piloting “Digital Asset Exchange Open Alliance” This is super interesting . Chinese Twitter “If everything develops as I hope, the EOS community will be the safest place to hold tokens.” — new post by Dan Larimer. http://bit.ly/2MMehxN Indian government’s think tank is reportedly set to a nationwide blockchain infrastructure. launch IndiaChain, http://bit.ly/2MLgiuq Korean Financial Services Commission will . define virtual currency exchange as virtual currency handling business http://bit.ly/2yv0nNH 💰 Coin and Exchange News *Korea Media* Bithumb’s insurance did not include property damage compensation, so . theft will not be compensated http://bit.ly/2tpRE9K according to a joint statement signed by the Exchange Commission of Cambodia. All domestic investors must have a license to buy, sell or trade cryptocurrencies, http://bit.ly/2todL0d Reality Shares, an asset management company, launched the first blockchain ETF for China. http://bit.ly/2txHTGH 💼 Business and Regulation News and Huobi are launching a China Blockchain Security Alliance. Tencent Security http://bit.ly/2MKeNfR *China Media* raised US$15 million in financing from J Lab, Denver Capital, Pantera, NEO Global Capital, OK Capital, BlockVC, LinkVC and others. Cloud computing public chain Ankr Google translated link Chinese analysts and experts expect many small crypto exchanges to shut down. http://bit.ly/2yuYH6O
