Blockchain technology is used to record Bitcoin transactions via a global network of computers. It is a continuously growing list of blocks (records) that are linked and secured using cryptography. ( read original story …)
Tagged By crypto
Everyone Wants to Crack Down on China—Except Silicon Valley
Many Democrats agree with Trump on curbing the country’s influence. But a Biden administration, influenced by tech, may strike a different tone. ( read original story …)
Chinese unicorn Genki Forest plots own beverage hits amid Nongfu Spring’s IPO frenzy
Genki Forest plans two new factories to grow its own wildly popularly brand of healthy drinks in the mainland Chinese market and export them to 100 countries. ( read original story …)
China Tightens Rules for Conglomerates’ Financial Businesses
China is tightening rules and imposing capital demands on sprawling empires such as Ant Group and China Evergrande Group in its latest attempt to curb risks in the nation’s $49 trillion financial … ( read…
China Tightens Oversight of Conglomerates’ Financial Operations
China is tightening rules and imposing capital demands on sprawling … The new regulations will require licenses for non-financial companies that do business across at least two financial sectors, … ( read original story …)
From open arms to full bans: The latest on crypto regulation in Asia
A look at the legal status of crypto in Asia, where new crypto hubs are emerging and thriving despite uneven regulation. ( read original story …)
US Brands Chinese Curbs On American Diplomats ‘Escalation’
The US on Saturday called a decision by Beijing to impose restrictions on all American diplomats on Chinese soil an “escalation,” the latest rebuke in an ongoing tit-for-tat dispute over foreign … ( read original…
No winners in US-China technology divide
Whoever wins on November 3, the next US administration will need to ponder carefully whether a lasting US-China technology divide will be in anyone’s long-term interest. ( read original story …)
How the Evolving U.S.-China ‘Tech Cold War’ Helps Taiwan
In the heart of this “Great Game” between Washington and Beijing, the technology-driven entrepreneurial and democratic Taiwan is likely the most important geopolitical factor that has greater … ( read original story …)
China would rather see TikTok banned than sold to US company
The popular video platform’s Beijing-based parent company, ByteDance, for the past month has been in discussions to sell its US business after President Trump … believing it would make both … ( read original story…
Trump’s WeChat ban endangers US businesses in China
A ban on widely-used mobile payment app WeChat would cut off a vital revenue stream for U.S. companies operating in China. ( read original story …)
Bloomberg New Economy: Fund Managers Are Rushing Into China
America’s largest fund managers are leading a new gold rush into China. Even as the U.S. president calls for American companies to pull out of the country, the likes of BlackRock and Vanguard are ……
China may kill TikTok’s US operations rather than see them sold
The controversial push to force Chinese tech unicorn ByteDance to divest part or all of its smash-hit TikTok social media service to a U.S.-based company could be in doubt after a report today … (…