The latest research report released by Messari has revealed that the Asian region still dominates the cryptocurrency markets, with China leading the pack, despite the country’s overly strict, albeit … ( read original story …)
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China unveils plan to build a global payment network based on central bank digital currencies
China’s BSN has revealed plans to develop a universal digital payments network (UDPN) based on central bank digital currencies (CBDCs). ( read original story …)
Asia accounts for almost half of global crypto trading: Messari report
Crypto activity in Asia is equivalent to that in the U.S. and Europe combined. Research by Messari has delved into the Asian crypto landscape and revealed the region accounts for almost half of all ……
China’s Tech Giants Are Muscling In on Lucrative IPO Market
China’s big technology companies, facing a crackdown at home over their dominance in online commerce and push into finance, are finding success in underwriting initial public offerings abroad. ( read original story …)
Stellantis CEO: all our brands get a chance, China options open
Stellantis, the carmaker forged from the merger of Fiat Chrysler and Peugeot-owner PSA, will give all its 14 brands a chance at success and keep all options on the table for revitalising its … (…
In China, Investors Drain Mutual Funds Slated For Failed Ant IPO
The fallout from Ant Group’s failed IPO continues, as millions flee five mutual funds that pitched themselves as a way to gain access to the FinTech’s shares. ( read original story …)
China’s iSpace advances with IPO plans, reusable launcher landing leg tests
Chinese private rocket firm iSpace is planning an IPO while also making progress on technology for a reusable launch vehicle. ( read original story …)
Chinese Investors Pull More Than $3 Billion From Funds That Missed Out on Ant IPO
Millions of individual investors in China withdrew more than $3 billion from five mutual funds that previously touted access to Ant Group’s blockbuster IPO, drastically shrinking the funds just two … ( read original story…
China’s Crypto Outflows Amounted to Over $17B in 2020
Despite China’s unfavorable crypto policies, the country continues to record more capital flight via cryptocurrency, as citizens use crypto to safeguard their funds against the weakening yuan. China’s … ( read original story …)
The crypto market is still far from its golden age, says Michael Wu
The total cryptocurrency market capitalization exceeded $1 trillion for the first time ever a week ago. However, Michael Wu, CEO of Amber Group, commented at Cointelegraph China’s Jan. 14 Hub … ( read original story…
What China’s Male Beauty Market Will Look Like In 2021
China’s perception of male beauty has changed over the last few years due to the rise of Little Fresh Meat idols and shifting gender roles. Certain products, such as BB cream, have become the focus…
China-focused Primavera Spac readies $300m IPO
Primavera Capital Acquisition Corp, a special purpose acquisition company, is set to launch a $300m IPO on the New York Stock Exchange this week, extending a recent boom in Asia-focused Spacs. ( read original story…
Crypto Mining Giant Bitmain Is Going Public With a $40 to $50 Billion Valuation
Major bitcoin mining operation Bitmain filed an application to become a public company in 2018, with a market capitalization of $40 billion to $50 billion. This attempt to go public on the HKSE … (…