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China

China firm turns inwards for cash as US markets tighten listing rules
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4 June, 2020

China firm turns inwards for cash as US markets tighten listing rules

Semiconductor Manufacturing International Corporation announced its plan to raise $2.8 billion through an initial public offering.
China’s Hainan injects over $100M in blockchain
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3 June, 2020

China’s Hainan injects over $100M in blockchain

An island province in China has recently passed a 10-point policy that will boost the development of blockchain platforms and...
Tencent invests heavily in blockchain, other emerging tech
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31 May, 2020

Tencent invests heavily in blockchain, other emerging tech

WeChat owner Tencent is to invest $70 billion in emerging technologies such as blockchain and cloud computing as it seeks...
China’s new law allows digital currencies inheritance
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29 May, 2020

China’s new law allows digital currencies inheritance

China has passed a new law as part of its first civil code that will allow citizens to inherit digital...
PBoC governor confirms ‘no timetable’ for digital yuan
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29 May, 2020

PBoC governor confirms ‘no timetable’ for digital yuan

Yi Gang, head of the Chinese central bank, said there was no date for an official launch yet for the...
China’s Sichuan moves to ban digital currency transaction processors
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28 May, 2020

China’s Sichuan moves to ban digital currency transaction processors

The move comes as a surprise since many local governments have encouraged transaction processors to utilize the excess hydroelectric power...
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