Blockchain Institute launched by Huobi China in Hainan

Huobi labs and the Tianya community stated a partnership i order to build a "Global Cultural and Creative Blockchain Lab" in Hainan
16 May 2018   594

The information about Huobi to complete the creation of Hainan’s headquarters in 2018 and initiates a billion-dollar global blockchain industry fund has been confirmed by the Huobi official.

This time Huobi set Hainan in a cooperative way and had in-depth collaboration with the old Tianya community. Huobi hopes on the influence of the Tianya community in Hainan to develop the Huobi business there.

Also, Huobi aims to complete its 5 constructive plans correspondingly with the mission of the Hainan Special Administrative Region:
1. The Chinese headquarters of the Huobi will be replaced to Hainan and placed in Hainan Ecological Software Park.
2. Organize a $1 billion fund for the global blockchain industry.
3. Establish a global top blockchain research institute together with the world's top universities.
4. Cooperate with the world's major industry firms to found 10 global blockchains + laboratories.
5. Construct a 40,000 square meter blockchain incubator.

Hainan is as well going to arrange and develop the first non-profit cutting-edge research institute concentrated on blockchain technology. After being established, the institute will have a global blockchain innovation fund, a blockchain laboratory, and a blockchain innovation talent-preparing center, an incubation park and industry summit forum.

Binance to Launch Crypto-Fiat Exchange at Jersey

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs
16 January 2019   72

Binance has opened a branch at Jersey island, targeting Europe and the UK. Its clients will be able to trade Bitcoin and Ethereum for the euro and the British pound. 

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs. To start trading, users must undergo KYC verification.

According to Binance CFO Ju Wei, bidding cryptocurrencies for fiat money will provide Europeans with new opportunities in the face of uncertainty with Brexit affecting the euro and the pound.

Wei also stressed that a strong legal framework makes Jersey one of the leaders in the development of blockchain technology.