Today’s Crypto News on Asia — June 8th
Korea Line to open 6 crypto exchanges; Bithumb taxed $28mn; Singapore says ICO not a security

To get the latest alerts on China and Asia Cryptocurrency happenings, subscribe to our newsletter below. It’ll be a quick, hassle-free update to your inbox daily.

Top News
Korea Line is looking to open 6 crypto exchanges. http://bit.ly/2M6l7xP
Korea taxes Bithumb with USD $28 mn. http://bit.ly/2McxRD0
**Chinese Media** Singapore Monetary Authority: ICO by nature is not a security. Google translated link
South Korean Government establishes WaltonChain Institute, following Ripple. https://prn.to/2MaxaKt
Coin and Exchange News
VeChainThor Testnet is now available on Github.
Japan confirmed issuing its first official rejection of an exchange. http://bit.ly/2sFXnZw
ICON and Deloitte Startup Advisory Group are cooperating. http://bit.ly/2MbKOxc
Business News
Quartz’s take on India’s surging cryptocurrency crime. http://bit.ly/2sG09ho
Baidu launched its first blockchain native App. It’s about the universe and it’s quite pretty. http://bit.ly/2sHXIL3
BinanceLabs has put their Reddit AMA in medium. http://bit.ly/2sC9Q0f
Ant Financial raises US$14 bn. https://s.nikkei.com/2sH1ioU
Looking for our Asia-based company calendar? We’ve moved it to our website!
