Canada's "Coinbase" in Japan; Decentralized Binance in a few months; Ripple pipeline 50% of the market in India, Chinese govt' more stringent

What Crypto insiders are reading on Asia.

Happy Wednesday. Check out our new Chinese vocabulary section at the bottom!

🌟 Top News

Korea lawmakers are seeking to fast-track cryptocurrency regulations that could plausibly lead to lifting the current ICO ban in the country. http://bit.ly/2uc82vH

Decentralized Binance prototype is expected within a couple of months. http://bit.ly/2ukOlRC

Canada's "Coinbase" is planning to launch a cryptocurrency exchange in Japan. http://bit.ly/2u9oTiu

Ripple Exec: "I think that in our pipeline we have probably 50% of the market in India, either integrated onto Ripple or in the deal, in the sort of pipeline to be signed to India." http://bit.ly/2uazpGm

People's Bank of China Vice President said that in the near future, the committee will be announcing a new method to block ICO companies that still have activities in China from accessing the Chinese people. http://bit.ly/2ubA6iA

💰 Coin and Exchange News

GXS received another round of investments from Fenbushi, 8 Decimal, along with 7 other institutions. http://bit.ly/2KPkqMr

PeckShield warns of theft from ‘rainbow’ attacks on EOS. http://bit.ly/2uvOKRt

INT (Internet node token) is partnering with public company ZTE on Quzhou's, a city in China, smart city project. http://bit.ly/2upBkX1

💼 Business and Regulation News

Korea regulators approve 12 out of 14 exchanges' security standards: Dexko, Hanbitco, OKCoin Korea, Huobi Korea, Bithumb, Upbit, Neoframe, Gopax, Cpdax, Coinzest, Korbit and Coinone. Sunny7 and Komid withdrew from the KBA-led inspection. http://bit.ly/2ube3ZH

Bitmain has led a strategic investment of an undisclosed amount in DoraHacks, a global hackathon organizer with a strong influence in the Chinese developer community. http://bit.ly/2uniVdu

"Next three years, at least 100,000 crypto PoS machines will be distributed. In the past six months, merchants have requested 25,000 crypto PoS machines from Pundi X". http://bit.ly/2ubyjKo

Phillipines Central Bank has approved 2 new exchanges- Virtual Currency Philippines, Inc. and ETranss, bringing total cryptocurrency exchanges to five. http://bit.ly/2ucREen

🌹🌹🌹

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Check our past 5 weekly pieces on Takeaways on Asia Crypto from Techcrunch Zug, Cryptokitties, Binance, Bitmain, and China's Crypto winners

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