Binance Holdings Ltd., the operator of the largest cryptocurrency exchange, is weighing whether to register with the U.S.’s futures regulator, according to Max Baucus, a former Senator and ambassador … ( read original story …)
Tagged By import
Crypto Mining Stocks Are Risky, but SOS Ltd Stock Takes the Cake
As InvestorPlace Markets Analyst Thomas Yeung broke it down March 1, short reports from Hindenburg Research and Culper Research allege the China-based crypto miner is nothing but a house of cards. ( read original story…
China Blockchain Technology Market To Expand Substantially Owing to Technological Innovations during 2021-2023|By Kenneth Research
Market Synopsis The China Blockchain Technology Market is estimated to record a significant growth throughout the … ( read original story …)
Binance, the world’s largest crypto exchange, probed by CFTC over concerns it allowed US residents to trade derivatives
“We have always blocked US access, but users do find intelligent ways to get around our block sometimes,” company co-founder Changpeng Zhao said. ( read original story …)
Fake Louis Vuitton luxury bag operation in China worth US$15.4 million shut down after police arrest almost 40 people
The operation initially started to produce leather that was printed with Louis Vuitton patterns in 2018, however that failed because the fake patterns faded quickly. In March last … ( read original story …)
China’s Ant Group CEO leaves after failed IPO prompts revamp
China’s Ant Group Chief Executive Officer Simon Hu has unexpectedly resigned amid a regulatory-driven overhaul of the financial technology giant’s business, the first top management exit since a … ( read original story …)
Luxury Retail Giants See Portfolios Revenues Reshuffle in China
Major developers saw record gains in mainland China as high as 60 percent in 2020, but suffered on various degrees in Hong Kong. ( read original story …)
Ant Group CEO Simon Hu resigns three months after failed IPO
Beijing cited the new rules for the abrupt suspension … Ant’s valuation from over $310 billion at the time of the planned IPO to under $200 billion. Earlier this month at the opening of National…
CEO of China’s Ant Group steps down
Tech tycoon Jack Ma’s Alibaba, China’s largest online shopping portal … Ant Group had been set for a record-busting $34 billion IPO in Hong Kong and Shanghai late last year when the double listing ……
China’s Ant Group CEO Departs Amid Regulatory-Driven Revamp
China’s Ant Group Chief Executive Officer Simon Hu has stepped down from his role, the company said on Friday, as the fintech giant is being pushed by regulators to revamp operations after its failed ……
UPDATE 1-Chinese city curbs exporters’ forex transactions to slow yuan rally -sources
Regulators have tightened the screws on foreign exchange transactions in one of China’s main export hubs by restricting conversions of exporters’ dollar earnings, people familiar with the matter said, … ( read original story …)
African swine fever still ‘major risk factor’ for China as it bans Malaysian pig imports over outbreak fears
The deadly African swine fever once killed half of China’s pig population, sending the price of pork skyrocketing, and six small outbreaks have been reported since the start of 2021. ( read original story …)
Blockchain Gets First Mention in China’s 5-Year Policy Plan
Blockchain technology was mentioned for the first time ever in a draft of China’s national five-year policy plan, the final version of which was approved by lawmakers and advisers at the end of an ……
