The People’s Bank of China said it summoned payments firm Alipay and several major lenders to tell them they must not provide crypto-related services.
Featured Posts Title
Understanding the Shenzhen Stock Exchange (SZSE): Key Insights
Labour MP’s partner among 3 arrested in UK on suspicion of spying for China
London police arrest 3 men on suspicion of spying for China
Jewellok Technology Unveils Advanced Valve Manifold Box (VMB) Solutions for Ultra-High Purity Specialty Gas Distribution
Consuls General in Guangzhou set sights on APEC 2026 in Shenzhen
The US just took out two China-friendly leaders in two months. Why has Beijing done very little about it?
China’s factory activity slumps more than expected in February as holiday disrupts production
Recent Posts
China’s central bank urges Alipay and banks to crack down on crypto speculation
China central bank urges tougher crackdown on cryptocurrencies
China’s central bank said on Monday it had summoned some banks and payment institutions recently, urging them to crack down harder on cryptocurrency trading.
Not smarting from US sanctions, SenseTime says its IPO is on again
Face biometrics giant SenseTime is again pushing forward with a planned IPO which is expected to raise as much as $2 billion on the Hong Kong stock exchange.
Beijing Sun-Novo Pharmaceutical Research’s IPO to debut on SSE STAR Market
Beijing Sun-Novo Pharmaceutical Research (688621) to start trading on the Shanghai Stock Exchange’s STAR Market June 21, Monday. The firm has issued 20 mln shares priced at RMB 26.89 per share raising …
Beijing threatens to destroy Great Barrier Reef economy with Chinese UN plot
Beijing has been secretly plotting with a China-chaired United Nations committee to have the environmental health status of Australia’s Great Barrier Reef downgraded.
India in ‘close touch’ with Sri Lanka amid concerns over new Colombo-Beijing bonhomie
Foreign Minister Jaishankar speaks to Sri Lankan counterpart Gunawardena Monday. Interaction comes days after MEA asked Sri Lanka to be ‘mindful’ of bilateral ties between Delhi and Colombo.
China Tower deploys over 100 5G base stations for Beijing 2022
China Tower is working in coordination with China Mobile, China Telecom and China Unicom to deploy 5G infrastructure at the venues …
Bitcoin, Ethereum, Dogecoin price drops with China power chops
Chinese government officials cut power to cryptocurrency mining operations on Monday morning, resulting to an immediate drop in price for the coin and related cryptocurrency. This is the latest in …
Bitcoin sinks to two-week low as China intensifies crypto mining crackdown
Bitcoin sank to a two-week Monday on reports that China has intensified its crackdown on cryptocurrency mining.
Bitcoin falls 10% as China intensifies crypto crackdown
Bitcoin tumbled after China said it had summoned bank chiefs to reiterate ban on providing cryptocurrency services.
China’s crackdown leaves Hong Kong’s last pro-democracy newspaper, Apple Daily, hanging by a thread
Apple Daily has long been a stalwart voice of democratic dissent in Hong Kong, but China is using a new “national security” law to silence any challenge to Beijing’s rule.
China’s latest major military flight around Taiwan suggests Beijing is expanding its combat training
Chinese jets recently conducted their first flight around eastern Taiwan, home to major airbases that could play a key role during an invasion.
China’s central bank calls for tougher measures on digital currencies
The Peoples Bank of China has held talks with a number of Chinese banks and financial institutions urging them to thoroughly screen clients accounts for …
ADVERTISEMENT
