China has been conducting experiments and tests of its sovereign digital currency for more than five years, with the Biden administration only just now showing support for research into the viability … ( read original…
Tagged By crypto
Inside China’s Effort to Create a Blockchain It Can Control
China’s Blockchain Service Network can support dapps built on 15 different networks, but provides the government control over all of them. ( read original story …)
After Alibaba, Beijing’s efforts to rein in fintech could center on rival Tencent
A selloff in Tencent shows investor worry about how far Beijing’s tech monopoly actions will extend beyond Alibaba. ( read original story …)
After Alibaba crackdown, Beijing could turn to rival Tencent
Since November, Alibaba has been at the center of a crackdown by Beijing that has included halting the monster IPO of its fintech affiliate Ant Group, and unveiling new antimonopoly rules for tech … (…
China’s Tech Crackdown Continues
China’s tech crackdown, Dalio’s dollar doom, Ashworth’s response, and a look at China’s advantages in entrepreneurship. ( read original story …)
US sanctions drive China towards hi-tech self-sufficiency
Washington’s containment and isolation strategies are having an unmistakable effect on China’s sciencebudget, its direction and global ambitions under the latest five-year plan. ( read original story …)
Encrypted messaging app Signal blocked in China
Encrypted messaging app Signal appears to have been blocked in mainland China, the latest foreign social media service to cease working in a country where information is tightly controlled by the … ( read original…
Ukraine to Nationalize Defense Firm, Keeping China Out in a Nod to U.S.
A Motor Sich engine was displayed in Kyiv in 2017, the year a group led by Beijing Skyrizon Aviation completed a $3.6 billion deal for control of the Ukrainian company. Ukraine plans to nationalize a…
Turkish Police Dismantle Massive Chinese Crypto Scam That Held 101 Hostages
Authorities found that criminals kidnapped 101 people and forced them to run the illicit crypto scam operations. ( read original story …)
State of Crypto: NYDFS Hackathon Is ‘Testament’ to Crypto’s Growth
NYDFS held a two-week event with crypto industry participants to evaluate ways of upgrading its data collection tools and practices. ( read original story …)
Gleec’s CEO Daniel Dimitrov on How COVID-19 and Institutional Attention Shapes Crypto’s Future
Can Crypto Overcome Some Of Its Biggest Challenges … “However, there’s a lot of innovation though that isn’t talked about a lot. I saw in Sichuan China Bitcoin miners are able to take advantage of…
Investors value China’s Ant Group at over $200 bn after IPO halt: Sources
The number is about a third above Ant’s valuation after its last fundraising in 2018 when it emerged as the world’s most-valuable unlisted tech firm, yet is far below the $315 billion it touted for…
What Is Crypto Crime’s True Cost?
Crypto crime in 2020 amounted to just under 10.5 billion USD, but the true, human cost, is why we do what we do every day at Coinfirm. ( read original story …)
