Visa said crypto is part of “the future of money,” members of the U.S. Senate think the dollar should go digital and OCC will allow banks to custody crypto. ( read original story …)
Tagged By business
Unions and NGOs call on big brands to stop using forced labor from China
A coalition of labor unions and NGOs on Thursday urged clothing brands and retailers not to exploit labor from the Xinjiang Uighur Autonomous Region in China. The organizations called on brands to … ( read…
Better Buy: Beyond Meat vs. Yum China
Beyond Meat (NASDAQ:BYND) and Yum China both emerged as unique plays in the saturated food market in recent years. Beyond Meat started selling plant-based meat products in 2013, a … ( read original story …)
Brands urged to stop sourcing from China’s Xinjiang over forced labour fears
Major retailers must stop sourcing from China’s Xinjiang region due to the “grave risk of forced labour”, a coalition of civil society groups said on Thursday, amid mounting global pressure on Beijing … ( read…
Tencent-Backed Waterdrop Weighs IPO at $4 Billion Value
Waterdrop Inc. is preparing for an initial public offering as soon as this year, seeking a valuation of about $4 billion, according to people familiar with the matter. ( read original story …)
Ant Group Unveils New Technology Brand AntChain and All-in-One Workstation AntChain Station for Express Blockchain Deployment
Ant Group, a leading provider of financial services technology, and the parent company of China’s largest mobile payments business Alipay, today offic … ( read original story …)
Quirky IPO Rule Means Wall Street Won’t Lead Ant Group’s Shanghai Sale
Most Wall Street firms are going to miss out on a chance to lead what could be China’s biggest stock deal when Ant Group goes public in Shanghai. ( read original story …)
Li Auto Seeks U.S. IPO For Development Efforts
Li Auto has filed to raise public investment for its development needs. The firm designs and manufactures electric SUVs in China. ( read original story …)
U.S.-China tensions rise – Bill Ackman and others on how to view the market
China tensions are again in focus after the U.S. ordered the Chinese consulate in Houston to close. China’s Foreign Ministry called the move an “unprecedented escalation.” Four experts break down what … ( read original…
IPO Preview: Li Auto Seeks U.S. IPO For Product Development Capital
Li Auto (LI) has filed to raise $100 million in an IPO of its ADSs representing Class A ordinary shares, according to an F-1 registration statement. The firm designs and manufactures electric SUVs for ……
China’s BSN Integrates with Public Blockchain Nervos in Global Expansion
Nervos today announced its upcoming integration with China’s Blockchain-based Services Network (BSN) as one of the first public bloc … ( read original story …)
China’s Supreme Court pushes for greater legal protections around digital currency ownership
The top judicial body in China is pushing for the expansion of legal rights around the possession of digital things, including currencies.The post China’s Supreme Court pushes for greater legal … ( read original story…
World’s First KIM Blockchain Jewelry Flagship Store Opens in Chengdu, China
CHENGDU, CHINA / ACCESSWIRE / July 22, 2020 / With the epidemic situation improving in China in July, people have gradually started to flock major brand stores in Sino-Ocean Taikoo Li in Chengdu, the ……
