Nigeria’s apex bank has warned all financial institutions in the country to desist from dealing in crypto-currencies as it is illegal. The warning was in furtherance of a 2017 circular, which … ( read original…
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Inside China Tech: Big week for Alibaba, Kuaishou’s trading debut pops and the firm powering social-media hit Clubhouse
This week’s highlights include the improved prospects for e-commerce giant Alibaba and short video app platform Kuaishou, as well as tech provider Agora. ( read original story …)
US funds ignore China tiff, turning to world’s second-largest economy to solve a trillion dollar problem: where to find yield
Flush with zero-interest capital unleashed by the Federal Reserve to bolster an economy wrecked by the coronavirus pandemic, US private equity funds, asset managers and pension fund investors had been … ( read original story…
China approves four ChiNext IPOs
China’s securities regulator has approved the initial public offering (IPO) registrations of four companies on the country’s NASDAQ-style ChiNext board. Shenzhen BSC Technology Co., Ltd., Ningbo … ( read original story …)
Kuaishou Surge Affirms China’s Tech, IPO Clout As World Recovers From Pandemic
Kuaishou is China’s largest tech listing following the aborted IPO by Jack Ma’s Ant Group at the end of last year. ( read original story …)
China, Morocco, Iran — here are seven countries that have banned crypto trading
Cryptocurrency is a digital currency that can be used to buy goods and services, but uses an online ledger with strong cryptography to secure online transactions.Advertisement It has become a … ( read original story…
China, Morocco, Iran — seven countries that have banned crypto trading
Cryptocurrency is a digital currency that can be used to buy goods and services, but uses an online ledger with strong cryptography to secure online transactions.Advertisement It has become a … ( read original story…
A US Navy destroyer challenged China’s sweeping South China Sea claims a day after sailing past Taiwan
The moves come as President Biden signals that the US is prepared to confront China’s aggression and “economic abuses.” … ( read original story …)
China to reach nationwide 5G coverage with 3.7m sites in 2025: ZTE
Chinese operators accelerated the deployment of 5G SA networks across the country and now operate more than 700,000 5G sites nationwide. New, massive deployments are expected to occur this year, to … ( read original…
China launches new satellite for communications and technology tests
China carried out its fourth orbital space launch on Thursday, sending a large satellite towards geostationary orbit from the hills of Xichang in the southwest of the country. A Long March 3B rocket … (…
OMA will master plan a science and technology “Future City” in Chengdu
OMA and GMP will master plan a sprawling 1.77-square-mile Future City in Chengdu, intended to supplement the new Tianfu Airport … ( read original story …)
Crypto Exchange Bitfinex Says Loan at Center of Probe Repaid
The cryptocurrency exchange Bitfinex said it repaid a remaining balance of $550 million on a loan that is at the heart of allegations of fraud made by the New York Attorney General. ( read original…
Blockchain Bites: The Weird and Wonderful in Crypto This Week
It follows several other digital asset companies that have received bank charters, including crypto exchange Kraken and Avanti, which both received state charters in Wyoming. Meanwhile, crypto … ( read original story …)
