National Internet Finance Association of China

Latest National Internet Finance Association of China news and analysis from CoinDesk, the leader in crypto journalism. Read in-depth coverage, expert insights, and price updates.

Markets

China's Internet Finance Association Issues ICO Warning

An organization representing the interests of online finance firms in China has issued a warning on initial coin offerings.

By Rachel-Rose O'LearySep 1, 2017

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Yesterday

8:03 PM

Negative

‘The banks will not accept it’: Dimon escalates battle over stablecoin rewards in CLARITY Act debate

JPMorgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned the current CLARITY Act framework could ultimately fail, as banks and crypto firms clash over whether stablecoin issuers should be allowed to offer yield-bearing rewards that resemble bank deposits.

4:29 PM

Positive

U.S. regulator says 24/7 trading is great for crypto, may not be fit for other sectors

As the CFTC issued landmark approvals for crypto perpetual futures contracts, it explained in a related advisory that round-the-clock activity isn't right for all.

3:31 PM

Negative

Mass deployment of AI agents is a disaster waiting to happen, says CertiK CEO

Ronghui Gu shares tips on how to isolate AI agents while testing them so they do not have access to critical personal information or digital assets.

3:14 PM

Neutral

Clarity Act Risks Regulation Without Oversight, Brookings Fellow Says

As Congress weighs crypto legislation, Aaron Klein says the CFTC needs more resources, independence and coordination to oversee digital markets.

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