The authorities arrested the criminal group that laundered money via online gambling platforms. USDT is popular among Chinese gamblers, making it a perfect vehicle for money laundering. Chinese police … ( read original story …)
Tagged By business
Jack Ma urges financial regulation reform on eve of Ant Group’s ‘biggest IPO in history’
Jack Ma, the Chinese billionaire behind Alibaba and Ant Group, has questioned whether international financial regulations are suitable for the Chinese economy and suggested traditional banks should … ( read original story …)
China: Moving Into Leadership
China is doing well and continues to grow and invest and innovate and capture markets, while other countries, like the United States, continue to show an anti-Chinese bias. ( read original story …)
Blockchain is still far from maturity, says China’s former IT minister
He doesn’t seem to think China is that far ahead of the USA when it comes to blockchain development — at least for now. Wu Zhongze, China’s former vice-minister for Science and Technology and a…
China’s Crude Buying Is On The Rise
China’s crude buying is on the rise again. Dwindling floating storage is a sign of lower buying during July, August and September. ( read original story …)
Blockchain Bites: China’s Tether Crackdown, CME’s Bustling Bitcoin Markets, Kin’s ‘Active Development’
The additional sum brings the total held under management to $7.3 billion. “The move comes at a time when the hype surrounding PayPal’s foray into the crypto markets has drawn additional attention … ( read…
China’s Tencent Fixes Unified Production Strategy After Recent Stumbles
Tencent Pictures this week stepped out alongside fellow Tencent subsidiaries New Classics Media and China Literature (aka Yuewen Media) to present for the first time a joint, collaborative film and TV … ( read original…
China Market Update: Markets Remain Rangebound, Ant Group IPO Listing Date Looms, Week In Review
Asian equities posted modest gains today and for the week while Mainland China underperformed. The Hang Seng Index overcame morning losses to gain +0.54% as it climbs toward the 25k level though the … (…
BREAKING: China bans people selling Crypto
China has placed a ban on entities from issuing digital cryptos. The world’s second-largest economy, China just recently published a draft law that seems to ban entities from issuing digital cryptos. ( read original story…
China’s Central Bank Set to Ban Cryptocurrency Issuance
In yet another crypto-related ban, China’s central bank is accepting public comments concerning a draft law that seeks to pave the way … ( read original story …)
Breaking: China prohibits units and individuals from creating and selling cryptocurrencies
The People’s Bank of China published a new draft law that seems to prohibit units or individuals from issuing digital tokens. This could be the first time the word cryptocurrency has appeared in any ……
Is Celebrity Endorsement Enough For Brands To Elevate Their China Approach?
Jing Daily’s weekly analysis of the very latest digital luxury brand campaigns in China from Lanvin, Blank Me, and Swarovski. ( read original story …)
China wealth manager platform Lufax aims to raise $2.36 billion in U.S. IPO
Lufax Holding Ltd , one of China’s largest online wealth management platforms, aims to raise up to $2.36 billion (1.8 billion pounds) in a U.S. initial public offering just days before the Nov. 3 ……
