Category: China

China’s Alibaba Cloud Expands Enterprise Blockchain Offering to Global Markets

Alibaba Cloud, the cloud computing arm of China’s e-commerce giant Alibaba Group, is enhancing its Blockchain-as-a-Service (BaaS) offering outside China.

China Hasn’t Banned Bitcoin: Shenzhen Court Permits Crypto Transactions

CnLedger, a prominent crypto and blockchain source within China, recently claimed that members of the Shenzhen Court of International Arbitration moderated a case pertaining to this new technology.

China ‘Sanitizes’ Andreas Antonopoulos’ Book Mastering B*tcoin

Andreas Antonopoulos, author of the ‘Mastering Bitcoin’ cryptocurrency guides, has reacted positively after Chinese state television showcased his book – albeit with a completely different title.

Chinese E-commerce Giant Alibaba Wins Preliminary Injunction Against Alibabacoin

Chinese e-commerce giant Alibaba has won a preliminary injunction against Dubai-based Alibabacoin Foundation in a lawsuit over the misleading use of Alibaba in their name, financial website MarketWatch reports Wednesday, Oct. 24.

Taiwan Will Issue Draft ICO Rules by June 2019, Regulator Says

Taiwan plans to release draft Initial Coin Offering (ICO) regulation by June 2019, local English-language daily news outlet Taipei Times reported Tuesday, Oct. 23.

Largest Chinese Newspaper to Launch Blockchain Lab After New Deal With Tech Company

The venture capital wing of the official newspaper of the Communist Party of China (CCP) — People’s Daily Online — has signed a deal for a strategic partnership on a blockchain laboratory Oct. 23, according to a press release.

OKCoin Office In Beijing Vandalized Amid Accusations Of Fraud

A group of unidentified people broke into cryptocurrency exchange OKCoin’s Beijing office yesterday (October 23) by breaking elevators and smashing doors, according to a post by the company on Chinese microblogging platform Weibo.

HTC Releases Blockchain Phone, Hopes for Exodus

HTC of Taiwan has released a mobile phone – the ‘Exodus’ – designed to handle blockchain applications, according to CNBC.

China Health Checkmate Backs Crypto Startup Bcause’s Series B Round

China Health Checkmate (CHC) has joined a Series B funding round for Virginia-based cryptocurrency startup Bcause LLC as an initial investor.

Crypto, Blockchain Should Be Regulated Under Existing Frameworks, Says HKEX Report

A new report published by the Hong Kong Stock Exchange (HKEX) Oct. 18 proposes that financial technologies (fintech), including cryptocurrencies and blockchain, should be regulated in consistency with existing regulatory frameworks.

China Wants To Stop Anonymous Blockchain Use: Reports

New cybersecurity rules currently out for public consultation in China would notionally force users to provide their real identity to use any kind of Blockchain-based service.

Chinese Crypto Miners Goin Under, Asics Being Turned Into Scrap Metal

The once booming electronics market in Shenzhen has turned into a ghost-town for crypto miners according to a local media report.