China Financial News

04.12 / 12:47

UPS Provident Digital Platform Winter Olympics e-CNY Is China e-CNY CBDC effectively competing with WeChat Pay and AliPay

China has become the frontrunner when it comes to the global CBDC race. China’s e-CNY is expected to witness a full-fledged launch by February 2022. However, so far, it has already conducted several large-scale trials in its advanced pilot stage.

04.12 / 04:29

Ethereum regulation Bitcoin Chinese Crypto Mining Crackdown Turns Focus to PC Rooms and ‘Home Miners’

Having effectively eliminated its industrial crypto mining sector, China is now going after the small fry: internet café and PC gaming room operators – and even those mining on rigs and cards at home – as Beijing moves to squash the mining industry once and for all.

04.12 / 00:19

Europe Catholic Church restrictions COVID in Europe: Ireland closes clubs and puts new restrictions on bars and restaurants

COVID-19 cases are sweeping Europe once again — here is a breakdown of how each country has reacted to the surge.

03.12 / 15:03

Citi Citigroup licence Citi seeks securities licence in China

Citigroup has applied for a securities licence in China, according to a person familiar with the matter, as the New York-based banking giant eyes a bigger presence in the world’s second-largest economy.

03.12 / 13:49

UPS IPO FLEX Didi shares surge despite plan to delist from the U.S.

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02.12 / 17:39

business Government Media Bitcoin Threat Chinese crypto ban poses no threat to local industry media, sources say

While some major Chinese cryptocurrency-related publications seem to be shutting down, a number of local news agencies continue running by moving to social media like Twitter.

02.12 / 17:13

aids News Germany announces a lockdown for its unvaccinated

Germany has decided to tighten restrictions for those unvaccinated against COVID-19.

02.12 / 16:29

Aviat Apple Boeing Okta Stocks making the biggest moves premarket: Snowflake, Boeing, Apple and more

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02.12 / 15:05

Digital China’s Digital Currency Challenge: Winning Hearts and Minds

China has convinced financial policy makers everywhere of its resolve to create a digital version of its currency, even helping to spur the Federal Reserve to study developing an electronic version of the dollar.

02.12 / 13:33

Money aids covid variant Variant Omnicron COVID variant: Curbs on southern Africa 'a kind of travel apartheid', says UN chief

United Nations chief Antonio Guterres has slammed restrictions targeting southern African nations as a form of racist travel segregation.

02.12 / 13:33

Money aids News Court 'should dismiss' Hungary-Poland bid to stop conditions being slapped on EU cash handouts

Hungary and Poland's court bid to stop EU cash handouts from being conditional on respect for rule of law "should be dismissed".

02.12 / 13:12

Blockchain Digital coinbase Interest Rise among Investors towards US Startups as China sees Crypto Crackdown

Since the crackdown of cryptocurrencies in China earlier this year, more crypto and Blockchain startups in the U.S. than in Asia are receiving support from venture investors for the first time in four years.

02.12 / 10:19

Money aids Women's Tennis Association suspends China tournaments over Peng Shuai censorship

The Women's Tennis Association will suspend all tournaments in China and in Hong Kong in response to China's handling of Peng Shuai's sexual-assault allegation and concerns that she has been censored.

02.12 / 09:25

Platform Mobile Tencent In a move to break down barriers, a Tencent exec says WeChat Pay will soon be available 'in all places'

GUANGZHOU, China — Barriers between China's tech rivals like Alibaba and Tencent are coming down as Chinese companies rush to comply with Beijing's crackdown on alleged monopolistic practices.

01.12 / 18:19

Digital Extreme Exodus Bitcoin Report explores discrepancies in different Bitcoin mining companies’ performances

The exodus of Bitcoin miners from China to USA is generally hailed as a success. But this may be oversimplifying the real picture. A report by Arcane Research which compared mining stocks to Bitcoin revealed that extreme discrepancies can take place even across different mining companies.

01.12 / 16:53

UPS Digital Japan’s CBDC plans to ‘speed up’ in the light of other countries ‘moving ahead’ with theirs

Competitive Japanese politicians have called upon the country’s finance officials to ramp up efforts towards developing a digital currency.

01.12 / 14:55

NFT regulation AML China’s central bank proposes to monitor metaverse and NFTs

China’s crackdown on crypto is expanding into the metaverse and nonfungible tokens (NFTs), an executive at the People’s Bank of China (PBoC) recently implied.

01.12 / 09:41

NFT layer2 Mobile Games NFT game Guild of Guardians raises $5.3M, token sale oversubscribed 82X

Upcoming NFT based mobile role-playing game Guild of Guardians has sold out two tranches of its native token (GEMS) totaling $5.3 million.

01.12 / 09:21

Blockchain Ethereum Provident MetaVisa Announces USD 5 Million of Fundraising in Seed and Private Round

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

30.11 / 23:19

UPS Huobi Customers Huobi chooses Singapore as its Southeast Asia base, but cannot cater to local customers

One of the largest names in the Chinese crypto businesses, Huobi Group has now decided to choose Singapore as its regional headquarters. As per co-founder Du Jun, the group will also have another regional base for Europe, possibly in either France or the U.K in 2023.

30.11 / 17:29

Government Law Bitcoin Crypto's impact on sanctions: Are regulators' concerns justified?

The use of cryptocurrencies to evade international sanctions from various international governmental organizations like the United Nations (UN), the International Monetary Fund (IMF) and the World Bank, among others, has been a concern for regulators ever since the creation of cryptocurrencies.

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