Cryptocurrency Analysis and News Portal
Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong moves bullish On Feb. 20, the Securities and Futures Commission (SFC) of Hong Kong launched a consultation on its proposed regulatory requirements for digital
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First Mover Asia: Deconstructing Crypto's China Narrative Source
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The strategic partnership will see the two parties pull their resources together, in such areas as video content, membership, as well as program broadcasting. Chinese fintech giant Ant Group has announced a new partnership with the prestigious basketball league NBA. According to the Tuesday announcement, the strategic partnership will see
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Bitcoin (BTC) spent another day tackling $25,000 on Feb. 20 as analysts continued to warn over market manipulation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin buoyed by "Notorious B.I.D."Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making up losses from around the weekly close to approach the $25,000 mark again
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Over time, multiple Chinese agencies have consistently provided new rules to guide and protect national security and personal data. The China Securities Regulatory Commission (CSRC) has announced rules for local companies filing Initial Public Offerings (IPOs) overseas. The new rules give domestic companies more clarity on if they can list outside
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Goldman Sachs reckons that stocks in China would surge substantially at the end of the year on an improving economy. Goldman Sachs (NYSE: GS) analysts believe that stocks in China could surge as high as 24% by the end of the year. According to the banking giant’s strategists, this 24% upside could
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According to a Feb. 15 announcement, Conflux Network, also known as Shanghai Tree-Graph Blockchain Research Institute, said that it secured a partnership with China Telecom to develop a blockchain SIM (BSIM) card. As told by Conflux, the BSIM will have a secure place to store digital private keys and will
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Blockchain protocol Conflux Network and China’s second-largest wireless carrier China Telecom have partnered to build a “blockchain-enabled SIM card” (BSIM), the company announced in a Wednesday tweet. See related article: China to set up national blockchain technology research center in BeijingFast factsThe BSIM, which already has a prototype designed with help
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The Ministry of Science and Technology approved the establishment of the National Blockchain Technology Innovation Center recently, the SCMP reported, citing the government-run newspaper Beijing Daily. The center will focus on major use cases related to the economy and individuals' livelihoods in an attempt to make blockchain central to China's
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Despite its ongoing crackdown on crypto, China continues to embrace blockchain technology — up to the point of launching the National Blockchain Technology Innovation Center in the capital city of Beijing. According to the China Daily’s report from Feb. 8, the Center will create a research network with the local universities,
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