China

China

Markets

Multicoin Capital Hires Principal in Asia as Crypto VCs Look East

Mable Jiang, formerly of Nirvana Capital, will spearhead the venture firm's hunt for new deals in Asia.

Multicoin Capital principal Mable Jiang. (Credit: BlockBeats/Odaily)

Markets

Huobi Says It's Joining a Chinese Government-Led Blockchain Alliance

Huobi China has joined a blockchain consortium backed by a powerful state-sponsored entity.

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Finance

Little-Known Crypto Exchange With Ties to a Shanghai Firm Halts Services, Says CEO 'Missing'

IDAX says its unnamed "global CEO has gone missing" and asked customers to stop using its services.

Shanghai image via Shutterstock

Policy

Crypto Market's Overreaction to Xi's Blockchain Remark Prompts Tougher Crackdown

The market’s overreaction to President Xi’s praise of blockchain technology has prompted another crackdown, dashing hopes for a crypto-friendly China.

Chinese President Xi Jinping

Markets

25,000 Blockchain Firms in China Tried to Issue Cryptos, Senior Official Claims

Some 25,000 Chinese companies have tried to issue their own tokens over the past few years, a new report authored by five government agencies claims.

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Markets

Chinese Central Bank Plans to Nip Young Crypto Businesses 'In the Bud'

China's central bank has formally issued a new plan to crack down on crypto businesses.

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Policy

In Wargaming Exercise, a Digital Yuan Neuters US Sanctions and North Korea Buys Nukes

What if China’s digital currency undermined U.S. dominance of global finance? Former top Washington officials gamed out the scenarios Tuesday night.

Former government officials participating in a wargaming exercise on Nov. 19, 2019. Image via Harvard Kennedy School

Finance

Chinese Army's Blockchain Provider Approved for New Hyperledger Certification Program

Hyperledger green-lit a Beijing-based firm that serves the Chinese army to join its new certification program, as military blockchain use expands.

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Markets

China Is Poised for Another Crypto Trading Crackdown as Speculative Fever Returns

China appears set to crack down on crypto trading again after President Xi Jinping's praise for blockchain tech revived speculation in the sector.

(Sarkao/Shutterstock)

Markets

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

OneConnect Financial Technology, the banking and blockchain arm of China's largest insurance company, filed a prospectus with the SEC on Wednesday.

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