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Tencent Grabs Approval to Sell Insurance via WeChat and QQ

Chinese Internet giant Tencent has obtained the green light from regulators to sell insurance via online platforms such as WeChat and QQ. The official website...

Beijing Wants a Slice of China’s Online Giants

Concerns over the immense clout of tech companies in the online era has prompted the Chinese government to push for equity stakes in the...

China’s Bitcoin Ban Won’t Affect Blockchains: Central Bank

China's central bank says that domestic research and development of blockchains will continue despite the recent crackdown on initial coin offerings and the shutdown...

AliPay and Tencent Hop Aboard Chinese Public Transit

Following fierce competition in the convenience store, supermarket, taxi and ride-sharing sectors, China's leading online and mobile payment providers are vying for a slice...

Bitcoin Wealth Management Platforms Tout 40% Returns Despite Beijing’s Virtual Currency Crackdown

Bitcoin wealth management platforms in China continue to promise annualised returns of up to 40% to investors, despite Beijing's decision to ban a slew...

China’s Top Three Bitcoin Platforms All Suspend Virtual Currency Operations

All of China's three leading Bitcoin exchanges have announced the suspension of virtual currency operations, while the authorities are preventing their senior executives from...

Top Chinese Bitcoin Exchange Announces Suspension of Trading

One of China's leading Bitcoin exchanges has announced the imminent suspension of operations in the wake of a crackdown on initial coin offerings launched...

Bitcoin Arbitrage Booms Following China’s ICO Ban

Beijing's recent decision to ban initial coin offerings has led to a surge in Chinese Bitcoin arbitrage, including online courses that cover offshore Bitcoin...

Central Bank Places Accounts of ICO Platforms Under Strict Supervision

Following the launch of a ban on initial coin operations in China, the central bank has required that the accounts of certain ICO platforms...

ICO Ban is Just the Beginning of China’s Crackdown on Virtual Currencies

Members of China's Fintech sector say the central bank's ban on initial coin offerings only marks the start of a broader crackdown by the...

Chinese ICO Platforms Shut Down Operations Following Launch of Ban by Central Bank

A slew of ICO platforms in China have suspended operations following the central bank's announcement of a ban on cryptocurrency financial activity and a...

Chinese Regulators Step up Focus on Fintech with 1828 Fines in 2017

The People's Bank of China, China Banking Regulatory Commission, China Insurance Regulatory Commission and China Securities Regulatory Commission have jointly issued a total of 1,828...

Latest stories

KPMG Releases List of China’s Top 50 Fintech Companies in 2020

Accounting giant KPMG has just released its latest list of the leading fintech companies in China.

China’s State-owned Enterprises to Pursue Greater International Cooperation Post-COVID-19

The State Assets Supervision and Administration Commission (SASAC) hopes to expedite the expansion of Chinese state-owned enterprises (SOE's) into cooperative projects in...

Beijing Aims for Internet of Things Security Standards by 2022

The Chinese central government says it will drive the creation of security standards for Internet of Things (IoT) technology in China over...

TikTok’s Chinese Counterpart Confirms Addition of Online Payments Function

Douyin, the Chinese counterpart to social media giant TikTok, has confirmed that it is now capable of providing payments functions following the...