Today’s Crypto News on Asia — June 14, 2018

Thailand allows 5 ICOS; China allows JD to issue asset backed tokens’ INBlockchain partner feud with Kuaidi founder

What Crypto insiders are reading on Asia.

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

Thai financial regulator is expected to approve five ICO projects out of 50 under the new regulatory framework that recently legalized 7 coins and exchanges. http://bit.ly/2t7IoXK

Chinese e-commerce JD plans to issue asset-backed security token with approval from China’s Securities Regulatory Commission. http://bit.ly/2JOFbDe

Reserve Bank of India admitted having conducted no research prior to its ban of banks from the crypto industry. http://bit.ly/2t28lb0

Coin and Exchange News

Binance’s fiat integration may lead exchanges to move to Malta. http://bit.ly/2JKrjKx

Korea crypto exchange Bithumb to list Cardano (ADA). http://bit.ly/2t89zl5

SophiaTX likely to open office in China, according to CEO. http://bit.ly/2JApT97

Binance will list Siacoin (SC). http://bit.ly/2JMWftz

Business and Regulation News

**Chinese Media** Li Xiaolai, partner from InBlockchain and one of the largest influencers of Crypto market in China, lashes back at Kuaidi’s cofounder Chen Weixing after accusations. Li claims Weixing’s crypto investment XMX is “air” and plagiarized EOS code. Google Translated Link, but best read in Chinese

**Chinese Media** Korea’s Coinrail has launched compensation plan today after its hack over weekend. The coins will be come from the coin companies themselves such as DENT.

Leave a Reply

Your email address will not be published. Required fields are marked *

More from GCR

Insights

Near AI x HZN – ...

We’re completing our coverage of Near Horizon’s first ever AI cohort and finishing off with a focus on decentralized compute. Previously, we highlighted the importance ...

Insights

Arweave’s AO Computer Has Big ...

Introduction Arweave has been a trailblazer in decentralized storage, providing an immutable data storage protocol on a blockchain-like structure known as the blockweave. The recent ...

Insights

Deep-Dive into Move-based Blockchains

I. Introduction Move is a new programming language for smart contract development. Originating from Facebook’s discontinued Diem and Novi projects, Move aims to revolutionize smart ...