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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