What Crypto insiders are reading on Asia. We added a “Deals” section to bring you the latest relevant Crypto deals from Asia, funded by the top US and Asian Crypto investors. 🌟 Top News from Monday through Wednesday , issue a cryptocurrency, dubbed “Jeju Coin,” and use the raised funds for the residents of the island. Korea’s Jeju Special Self-governing Province Governor pledges to make Jeju a blockchain hub city http://bit.ly/2OhGlZS for dealing with related businesses. Bank of Thailand passed a resolution to allow local banks to set-up cryptocurrency-focused subsidiaries http://bit.ly/2OgeE3M *China Media* Binance announcement — looking to launch 3 cryptocurrency exchanges this year. Can launch decentralized exchange in as little as a half a year. Google translated with its Cross-Border Payment Protocol built on Stellar, and a Credit Scoring Protocol built on ethereum_,_ has raised $15 mn private sale from Matrix Partners China, Fenbushi, Node Capital, Kenetic, FBG Capital, AlphaCoinFund and IOST. Singaporean blockchain startup Rate , http://bit.ly/2MqFTbr Japan’s primary financial regulator is looking at . updating its regulatory framework for the cryptocurrency sector to curb speculative investments http://bit.ly/2Mbeihv Michael Arrington, the Founder of Techcrunch and the Partner Arrington XRP Capital . said that XRP is better than Bitcoin and Ethereum in terms of transactions http://bit.ly/2M6wdWF *China media* . INBlock along with several Chinese firms released a The Blockchain Game Industry Whitepaper in 2018 Google Translated 💰 Crypto Deal News Singapore-based , has raised $60mn from notable investors including BlockTower Capital, Pantera Capital, Kenetic Capital from Hong Kong, DNA Fund, Andromeda from Switzerland. ODX Pte. Ltd. a global decentralized marketplace to deliver free internet access to consumers in emerging markets, http://bit.ly/2OUp222 has received millions of dollars in financing, led by Fenbushi capital, Yuandao Capital, Qianfang Fund, Shuimu Fenghua Fund. *China Media* EveriToken, a blockchain technology built on EOS and used to digitize real-world certificates and tickets, Google translated , Uber’s biggest shareholder, as investors in a pre-IPO financing round. Bitmain has reportedly secured China’s biggest technology company Tencent and Japan’s Softbank http://bit.ly/2Ms8Dk3 led by Goldman Sachs alumni, completed its Series A and launch of its offshore Cayman fund, led by FBG Capital. Crescent Crypto Asset Management, a cryptocurrency index fund manager https://prn.to/2Omhh4b led by Fenbushi, partner Shen Bo will also be the project strategy consultant. The blockchain payment platform EPC has received strategic investment of US$30mn http://bit.ly/2MpXsYY 💰 Coin and Token News to repurchase up to $5 million of currently circulating ICX + new open source release schedule. New ICON (ICX) repurchase program authorizes the foundation http://bit.ly/2Mr1T61 In China, , has been hyped up to 800Rmb or $115. a MacCoin, a physical token which is given away with the purchase of a Big Mac in McDonalds http://bit.ly/2OfrrmW Blockchain platform . NTT Docomo is Japan’s largest telecom company with over 76mn subscribers. VeChain has been selected to be among the first batch of partners for NTT Docomo’s 5G Open Partner Program http://bit.ly/2OiCLi2 Roger Ver has recently . sent the governor of Jeju Island of South Korea $100 worth of Bitcoin Cash at a public event http://bit.ly/2Ok6JlV in TRON’s Super Representative Elections. BitTorrent has been elected as a Super Representative http://bit.ly/2OQoOZY 💸 Exchange News In India, exchange and Zebpay has enabled Trueusd (TUSD) trading, deposits withdrawals. http://bit.ly/2Okc7We . Huobi streamlines Token listing application process http://bit.ly/2MqZ3xN UPbit, currently the biggest crypto exchange in South Korea, . came out clean in an audit report which proved the exchange had 100% of the amount its balance sheet demonstrated http://bit.ly/2Mo5CRO Da Hongfei and Erik Zhang on NEO from last week’s Reddit AMA. http://bit.ly/2Mvkqhe The Korean . government announced a new set of tax amendment which will strip away substantial tax benefits for bitcoin exchanges http://bit.ly/2Ofop2b 💼 Business News Director-general of the Institute of Digital Money of the People’s Bank of China shared his thoughts the . Chinese central bank’s two-layer Digital Fiat Currency model in a New York Conference http://bit.ly/2Oj0VZM , led by the Hong Kong Monetary Authority. 7 large banks in Hong Kong are working together to promote the development and launch of a Hong Kong trade finance blockchain platforms http://bit.ly/2MrvagE China’s Fudan University creates decentralized exchange for unused power. http://bit.ly/2MoyDg5 Korea’s Macrogen, Bigster to create blockchain-based medical data platform. http://bit.ly/2OkDvmP 🎌 Regulation News Japan Virtual Currency Exchange Association, a body comprised of all 16 licensed cryptocurrency exchanges, have . formally applied for certification from the country’s financial regulator to form a self-regulatory body http://bit.ly/2Ok6mI3 , a subsidiary of UCF Group, to jointly establish a financial regulatory sandbox system. The Financial Services Bureau of Sichuan Free Trade Zone has cooperated with blockchain startup PrimeLedger http://bit.ly/2MrxFj2 in a bid to promote technology in local business processes. NEM.io and the Cagayan Economic Zone Authority looking to build Philippines’ first blockchain hub http://bit.ly/2MozOfv The Central Bank of the Philippines is exploring the possibility of issuing the central bank’s digital currency. http://bit.ly/2MvsSwY A national digital currency is an experiment worth trying. How to end Japan’s deflation? Abolish cash. https://bloom.bg/2MnmEiO occupying two floors of a shophouse at Uni Central Commercial Centre for stealing electricity. Malaysia authorities raided an illegal cryptocurrency mining center, http://bit.ly/2OkiGYP 🎊Our third podcast is out in the iTunes store. ! 🎊 Check it out , our guest will be who will be sharing his observations of the Southeast Asia Crypto markets- Singapore, Thailand, Malaysia, Indonesia, as well as his insights on the Cryptocurrency market evolution and adoption. Be sure to follow him on to learn more about Pundi X. In our upcoming podcast episode Zac Cheah, CEO of Pundi X , Twitter 💖If you haven’t already, please help our podcast get discovered by rate on . Also share it with your friends on Facebook, Twitter, or Linkedin. THANK YOU! Apple Podcasts 🌹🌹🌹 Check our past 6 weekly pieces on , , , , , and A Guide to Asia Crypto funds/investors Takeaways on Asia Crypto from Techcrunch Zug Cryptokitties Binance Bitmain China’s Crypto winners Subscribe now

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Top Crypto News from Asia- Aug 6th- Aug 8th

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