Luxury brands are turning to mainland China from Hong Kong — even shutting stores in the city — as companies try to recoup lost tourism spending and take advantage of new supportive policies from ……
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Court in China Implementing Blockchain for Court Reform
Participants at a recent court reform conference held by the Shanghai high court observed that the Minhang District People’s Court used blockchain technology to record an equity transfer contract … ( read original story …)
Chinese Police Dismantle $14M Crypto Scam
The Chinese police busted a massive crypto scam in Wenzhou that managed to amass over $14.31 million. The Chinese authorities dismantled a significant crypto-related scam in Wenzhou. The scheme … ( read original story …)
What Brands in China Should Learn From Harper’s Bazaar’s Big Mistake
Harper’s Bazaar China accidentally elicited historical trauma in one of its Weibo posts, but its apology wasn’t acceptable to the country’s netizens. ( read original story …)
What Brands in China Should Take Away From Harper’s Bazaar’s Big Mistake
Harper’s Bazaar China accidentally elicited historical trauma in one of its Weibo posts, but its apology wasn’t acceptable to the country’s netizens. ( read original story …)
Blockchain Bites: CENTRE’s Blacklist, Brazil’s Stablecoin Boom and Coinbase Is Going Public?
Coinbase is reportedly looking to go public, CENTRE has blacklisted a USDC address and U.S. sanctions could restrict crypto firms in China. ( read original story …)
World’s First Collectible Crypto Coin Released in Lithuania
Lithuania, which is positioning itself as a financial-technology hub for start-ups, rolled out the world’s first crypto coin for collectors. ( read original story …)
TikTok Mulls Changes to Business to Distance Itself From China
Bytedance Ltd. said it’s evaluating changes to the corporate structure of its TikTok business as U.S. concerns grow over the parent company’s Chinese origins. ( read original story …)
China Auto Sales Recovery on Shaky Ground: What Lies Ahead?
CPCA expects NEV sales in China for second-half 2020 to be significantly higher than the corresponding period of 2019. ( read original story …)
Alibaba’s fintech arm Ant Financial plans Hong Kong IPO
Ant Financial, the fintech affiliate of Alibaba Group, is prepping a Hong Kong IPO that could value the business north of $200 billion, per Reuters. Why it matters: It would be one of the year’s…
Insight 2020 Cointelegraph China Top 100 Is Waiting for You
Cointelegraph China TOP 100″ is a list of 100 leaders who play a dominant role in industry, the influence in crypto market and blockchain community in 2019 and the expected contribution in 2020. ( read…
Chinese police seize $15 million worth of crypto from alleged fraudsters
China’s Ministry of Public Security … the ministry said. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered … ( read original story…
Ferrari, McLaren and $15M in Crypto Seized as Chinese Police Bust Arbitrage Scam
The criminal case is the first in China where victims were allegedly scammed using blockchain smart contracts to generate fake cryptocurrencies, the ministry said. Related: Hong Kongâ s National … ( read original story …)
