China

Chinese Boy Band Ensnared By Fan ICO Controversy
Self-proclaimed fans of popular Chinese boy band TFBoys have built a controversial initial coin offering (ICO) around their idols.

China's State Media Takes Aim at Crypto Trading, ICOs
China's state-owned news agency is taking aim at over-the-counter and crypto-to-crypto trading that still remains active in the country.

China Fintech Watchdog to Step Up ICO Oversight
China's National Internet Finance Association said it will normalize efforts in overseeing ICOs in its 2018 agenda.

Ripple Blockchain Network Adds China Payments Provider
China-based payment service LianLian has said it will use Ripple's xCurrent blockchain solution for cross-border transactions.

Report: China Cutting Access to Overseas Crypto Trading
Chinese regulators are stepping up a crackdown that began last year on websites for cryptocurrency trading and investing, according to local reports.

Cloud Network Xunlei Hit By Class Actions Over ICO
China-based cloud content delivery network Xunlei has been hit by two class action suits over alleged illegal ICO activity.

China's Cheetah Mobile Launches Cryptocurrency Wallet
Chinese mobile app company Cheetah Mobile has released an Android-based digital wallet for ethereum and bitcoin.

Samsung Is Now Building Bitcoin Mining Chips, Report Says
Samsung is manufacturing bitcoin mining chips in partnership with an unidentified Chinese firm, according to an Asian news report.

Bitcoin Exchange BTCC Just Got Acquired
Bitcoin services startup BTCC said it's been acquired by a Hong Kong-based blockchain investment fund. It did not name the buyer or reveal the price.

Chinese Finance Association Cautions on Overseas ICOs
China's National Internet Finance Association, a self-regulatory group, has warned against participating in overseas ICOs and cryptocurrency trading.

