China

China Walks Back Hardline Media Rhetoric Toward Crypto and Blockchain

Earlier this week, a story published by Chinese state-run media outlet Xinhua featured some pro-Bitcoin comments that referred to the…

Softbank-Backed Blockchain Firm OneConnect Eyes $100M Nasdaq IPO

Softbank-backed Chinese fintech OneConnect has filed for an Initial Public Offering (IPO) with the United States Securities and Exchange Commission…

Does Big Drop of Major Bitcoin Mining Firm’s US IPO Valuation Show Declining Crypto Sentiment?

Crypto market sentiment can be gauged by a number of different factors. In 2018 global regulators stomped all over ICOs…

Canaan Creative Sets Terms, Plans to Rake in $100 Million in Upcoming US IPO

Chinese cryptocurrency mining giant Canaan Creative has announced terms for its United States initial public offering (IPO) planned for later…

Fintech Arm of Chinese Insurance Giant Files for US IPO After Blockchain Push

OneConnect Financial Technology, the fintech arm of China’s largest insurance company, filed a prospectus on Wednesday for an initial public…

Libra Crypto Crumbles as Facebook Launches Alternative Payments Platform

Most of the angst against the crypto industry this year has been instigated by one company. The major economies of…

Study: Chinese Blockchain Spending to Exceed $2B by 2023

China’s spending on blockchain technology will exceed $2 billion in 2023, official state-run publication Xinhua reported on Nov. 10. The…

Huobi Chain Blockchain Completes Planned Open Source Developer Rollout

Cryptocurrency exchange Huobi has open-sourced the development of its Huobi Chain blockchain, the company has confirmed. In a press release…

Alibaba Subsidiary Ant Financial Tests Its Enterprise Blockchain

The financial technology subsidiary of Chinese e-commerce giant Alibaba, Ant Financial, started testing its enterprise blockchain platform. According to local…

China Digital Currency ‘Not Seeking Full Data Control’ — Central Bank

China is not launching a war on cash by introducing its own digital currency, a senior official from the central…

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