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Asia
Bitcoin Price Drops 5% as New China Rumors Stoke Trading
Reports that China may soon take actions to limit domestic bitcoin exchanges caused notable market activity today.

Thai Bank Tests Blockchain For Recordkeeping
One of Thailand’s leading commercial banks is working with IBM on applying blockchain to its transaction services.

BTCC Takes Aim at Bitfinex With US Dollar Bitcoin Trading
BTCC announced today that it will be adding US dollar (USD) to its existing bitcoin exchange service.

Walmart Blockchain Pilot Aims to Make China's Pork Market Safer
Walmart and IBM are working together to help bring more transparency to China's massive pork industry.

In China, Two Cities Mirror Blockchain-Bitcoin Divide
A central divide in the blockchain industry is being mirrored in the startup cultures of two major cities.

Japan to Drop 8% Bitcoin Sales Tax
The government of Japan is reportedly planning to exempt bitcoin and other virtual currencies from a national sales tax.

R3 Adds Bitcoin Exchange Veteran to Research Lab
Former itBit client group director Antony Lewis has officially joined banking consortium R3.

Regulators Block Sale of Bitcoin Miner Avalon
A planned acquisition deal between Chinese manufacturer Shandong Luyitong and bitcoin mining hardware company Canaan is no more.

P&C Insurer Trials Blockchain for Catastrophe Coverage
One of Japan’s largest property insurers is co-developing a prototype blockchain system for insurance derivatives.

Blockchain Post-Trade Startup Juzhen Raises $23 Million Series A
China's Juzhen Financials has raised $23m (¥153m) to develop clearing and settlement solutions based on blockchain.
