19 Chinese exchanges apply for a Japanese license

Chinese exchanges seek second chance in Japan, Singapore, Hong Kong and South Korea
28 October 2017   325

China's relationships with cryptocurrencies and ICOs have been quite tough lately. Following the crackdown by the government last month, Bitcoin exchanges in China are looking to continue their businesses in cryptocurrency-friendly countries such as Japan, Singapore, Hong Kong and South Korea.

For instance, as reported, several Chinese companies are now applying for a license to operate in Japan, the country that legalized Bitcoin as a method of payment in April. Thus, cryptocurrency exchanges are required to register with the country’s Financial Services Agency (FSA). 

There’re at least 19 companies applying for a Japanese license.
 

bloomberg.com

Still, not only Japan is a cryptocurrency-friendly place. These are the Hong Kong-based exchange, Binance, that is looking for local partners and considering acquiring an operational exchange, and Beijing-based exchange Bixin, which has also expressed its interest.

Mike Kayamori, Head of Quoine, the Singapore-based exchange with a strong presence in Japan, comments on the situation.

We’re talking to almost all of those guys. They’re all desperate now. There’s a lot of Chinese retail people reaching out to us, but we can’t handle it. So if a Chinese partner can handle all of those and they connect to us, that will be much easier.
 

Mike Kayamori
Head of Quoine

On top of that,  some Chinese exchanges are turning to Singapore. The managing director of the Monetary Authority of Singapore (MAS), Ravi Menon, reveals that the central bank has no plans to regulate cryptocurrencies. Staying true to this "open mind” perspective, Singapore could become one of the most important countries for the development of Blockchain technology.

Swansea Hosts Blockchain and Distributed Energy Conference

The BEW'18, which will be held on February 19, 2018 in Swansea, UK, is a must-attend for people who are interested in the cutting edge of blockchain
19 February 2018   179

The Blockchain Energy Wales'18 Conference will be held on February 19, 2018 in Swansea, United Kingdom.

The conference will introduce Klenergy and their Pylon Network, which is a decentralised energy exchange platform powered by renewable energy. The BEW'18 is a must-attend for people who are interested in the cutting edge of blockchain, distributed energy, peer2peer and smart technology.

BEW conference location swanseaBEW'18 Exact Location

Location: TechHub Swansea, 221 Stryd Fawr, Swansea SA1 1NW, UK
Time: from 9AM to 1.30PM

The headline speakers include Paul Harwood, Basicincome supporter and advocate, and David Clubb, director of RUKCymru and head of digital RenewableUK.

The agenda of the conference is as follows: Blockchain technology and its application in the energy sector, future of blockchain wallet systems, buildings as power stations, building the open-source co-operation protocol for the energy sector, and more.