Coinbase is reportedly looking to go public, CENTRE has blacklisted a USDC address and U.S. sanctions could restrict crypto firms in China. ( read original story …)
BUSINESS
World’s First Collectible Crypto Coin Released in Lithuania
Lithuania, which is positioning itself as a financial-technology hub for start-ups, rolled out the world’s first crypto coin for collectors. ( read original story …)
TikTok Mulls Changes to Business to Distance Itself From China
Bytedance Ltd. said it’s evaluating changes to the corporate structure of its TikTok business as U.S. concerns grow over the parent company’s Chinese origins. ( read original story …)
China Auto Sales Recovery on Shaky Ground: What Lies Ahead?
CPCA expects NEV sales in China for second-half 2020 to be significantly higher than the corresponding period of 2019. ( read original story …)
Alibaba’s fintech arm Ant Financial plans Hong Kong IPO
Ant Financial, the fintech affiliate of Alibaba Group, is prepping a Hong Kong IPO that could value the business north of $200 billion, per Reuters. Why it matters: It would be one of the year’s…
Insight 2020 Cointelegraph China Top 100 Is Waiting for You
Cointelegraph China TOP 100″ is a list of 100 leaders who play a dominant role in industry, the influence in crypto market and blockchain community in 2019 and the expected contribution in 2020. ( read…
Chinese police seize $15 million worth of crypto from alleged fraudsters
China’s Ministry of Public Security … the ministry said. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered … ( read original story…
Ferrari, McLaren and $15M in Crypto Seized as Chinese Police Bust Arbitrage Scam
The criminal case is the first in China where victims were allegedly scammed using blockchain smart contracts to generate fake cryptocurrencies, the ministry said. Related: Hong Kongâ s National … ( read original story …)
SoftBank-Backed Chinese Real-Estate Broker Aims to Raise $3 Billion in U.S. IPO
Beike Zhaofang, a Chinese online property brokerage backed by SoftBank Group, is planning to raise up to $3 billion in an initial public offering in the coming months, according to people familiar … ( read…
Infographic: Alibaba, Tencent Ahead Of Facebook In Most Valuable Brands List
A touch behind is Apple, with a value of $352,206 million. Tech dominates the top ten, in fact, as do U.S. brands. The two geographical exceptions though are the two giants from China – Tencent…
transcosmos China named “2020 Top 10 Recommended Customer Center Professional Outsourcing Brands in China”
PRNewswire-PRWeb/ — transcosmos inc. is proud to announce that Shanghai transcosmos Marketing Services Co., Ltd. ( read original story …)
Bally CEO Nicolas Girotto Outlines Brand’s Digital Transformation, China Focus
The company, which will mark its 170th anniversary next year, is also investing in brick-and-mortar stores in China. ( read original story …)
UPDATE 1-Ford’s quarterly China sales rise for the first time in 3 years
Ford Motor Co said its China vehicle sales increased 3% in April-June from a year earlier, its first quarterly sales rise in the world’s bigggest auto market in almost three years. Ford has been ……
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