China

China

Markets

PBoC-Backed Blockchain Trade Finance Platform Enters Test Phase

A blockchain trade finance platform spearheaded by the People's Bank of China has entered the testing phase ahead of an official roll-out.

shenzhen

Markets

Chinese Tech Hub Follows Beijing With Ban on Crypto Promotion

A special economic zone in Guangzhou is following the lead of Beijing's financial district in banning activities that promote cryptocurrencies.

Guanzhou, China

Markets

China Now Has a Way for the Public to Report Illegal Token Sales

A Chinese self-regulatory association is working to assist government agencies in cracking down on illegal token sales with a new reporting option.

megaphone

Markets

WeChat, Alipay to Block Crypto Transactions on Payment Platforms

WeChat Pay and Alipay are scrambling to keep up with regulators after recent announcements regarding initial coin offerings and cryptocurrencies.

shutterstock_776510563

Markets

China Seeks to Block Access to 124 Foreign Crypto Exchanges

Days after shutting down several crypto media accounts on WeChat, Chinese regulators are seeking to block access to 124 overseas crypto exchanges.

road barrier

Markets

Venues Banned from Hosting Crypto Events in Beijing's Finance District

Commercial properties in downtown Beijing have been ordered not to provide venues for events that promote cryptocurrency.

Chaoyang Beijing

Markets

Crypto Media Banned From WeChat In Sudden Online Sweep

Blockchain and cryptocurrency media accounts in China have been banned on WeChat, the messenger app owned by Tencent.

Shutterstock

Markets

Blockchain Firm to Raise $24 Billion for Electric Bus Upgrades in China

A blockchain and AI technology firm has scored a major deal to help provide the financing as China upgrades its buses to run on electricity.

shutterstock_619191500

Markets

What It's Like to Be a Woman In China's Get-Rich-Quick Crypto Culture

My experience as a Chinese woman in crypto has taught me that we need to be twice as strong and grounded to compete with our male counterparts.

clothes, woman

Markets

Y Combinator's New China Chief Is Bullish on Blockchain

Lu Qi, the head of Y Combinator's new China division, believes blockchain has great potential for entrepreneurship in the long run.

Lu Qi