By Camila Russo
Huobi wants to become a so-called decentralized autonomous organization, where traditional management structure is replaced with code and community based decision making
There are now more than 10 companies testing vehicles at the facility at Nanyang Technological University in the west of Singapore
Coinbase, which would need a license to expand into Japan, is in active discussions with the Financial Services Agency.
The fund will be open for additional LPs until December this year when its final closing is expected to be completed.
Cheng, the CEO of Upper Joyful Ltd, will own controlling stake in the two firms – FX Trade and its affiliate BitTrade Co Ltd.
Regulators in Southeast Asian countries have issued permits to new ride-hailing companies to compete with market leader Grab.
Once Zcash begins trading on the Gemini exchange, it will be only the third currency to be granted approval to trade on the exchange, with Bitcoin and Ether being the two other approved currencies.
Byton last year raised $240 million in a round of funding from investors including Chinese retailer Suning and Fullshare Holdings.
The crypto exchange platform is planning to support enterprises in the development of blockchain technology in Vietnam.
Chinese online payment firms Tencent Holdings Ltd. and Ant Financial, owned by billionaire Jack Ma, are both targeting DBS’s core markets of Southeast Asia and India for expansion.