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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...

China Declares Initial Coin Offerings Illegal

The Chinese government has just declared initial coin offerings to be an illegal form of financial activity, mandating a ban on cryptocurrency crowdfunding as...

Latest stories

Ant Group and Tencent Top Chinese Blockchain Patents List for 2021

Tech giants Ant Group and Tencent have topped a new list of the biggest holders of authorised patents for blockchain technology in...

Chinese Central Bank’s Third Quarter Monetary Policy Meeting Mentions Real Estate for the First Time in over Ten Years

The monetary policy committee of the People's Bank of China (PBOC) has just concluded its routine third quarter meeting, making reference to...

CBIRC Supports Issuance of Catastrophe Bonds in Hong Kong by Domestic Insurers

China's banking and insurance regulator plans to allow domestic insurance companies to issue catastrophe bonds via Hong Kong.

Bank of China Unveils Carbon Emissions Action Plan

One of China's big state-owned banks has drafted an "action plan" to support the carbon reduction targets unveiled by Beijing last year....