TWG has long known how to market budget brands and the sale of these four specific brands will allow TWE—a company that has suffered from the harsh tariffs imposed in China on its brands—to almost…
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Barron’s
The Consumer Rights Day program on Chinese state television put the spotlight on foreign and domestic brands on issues including product safety and privacy rights. ( read original story …)
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 …)
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 …)
Brands illegally collect user data in China
A widely popular television program in China aired on Monday, World Consumer Rights Day, dealing a serious blow to companies for offences related to facial recognition technology, collection of … ( read original story …)
Signal Accepts Cryptocurrency Donations, App Goes Dark in China
The Giving Block currently accepts 12 different coins, including BTC and ETH. Users in China unable to access Signals app or website. Signal has partnered with the cryptocurrency donations platform … ( read original story…
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