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Russian Public Officials Must Now Declare Their Crypto Holdings as Income
23.10.2020
Public officials in Russia will now be required to declare all the crypto assets they hold as income. The measures are with effect from Jan. 1, 2021, local media reported. Russia’s prosecutor general Igor Krasnov declared: “Starting next year, civil servants will be required to declare...
Shenzhen Stock Exchange Could Follow Shanghai after Blockchain Move
1.10.2020
The Shenzhen Stock Exchange Square. The Shenzhen Stock Exchange has become the latest major exchange to indicate that it is ready to begin blockchain-powered trading – after “re-developing and building” a blockchain-based equity registration and custody platform for Beijing’s regional equities...
Shanghai Stock Exchange, Regulator to Begin Blockchain Trading Pilot
30.9.2020
Shanghai. Source: Adobe/安琦 王
The Shanghai Stock Exchange, one of the biggest exchanges in the country, will conduct a pilot for a new blockchain-powered trading platform in conjunction with the regulatory China Securities Regulatory Commission (CSRC).
According to Shanghai Securities News,...
Shanghai Issues Draft Blockchain Standards, National Effort to Follow
11.9.2020
Shanghai. Shanghai is set to issue China’s first local blockchain security standard ahead of national efforts to rollout countrywide blockchain protocols, per reports from the Middle Kingdom.
According to state-owned media outlet Xinhua, the Shanghai government’s Shanghai Information Security...
Shanghai Initiates Blockchain-powered 'Cultural Tourism'
3.9.2020
Shanghai’s busy central Jing’an District will make use of a WeChat platform to issue blockchain-powered “cultural tourism” vouchers that can be redeemed for book purchases, streaming services, cinema tickets and more.
Per China Email, the vouchers will be distributed on a WeChat widget platform...
Shanghai’s Jing'an District issues blockchain-based discount coupons
1.9.2020
Jing’an Culture and Tourism Bureau is issuing blockchain-based discount coupons using its WeChat mini-program
Jack Ma’s Ant Group files $30B IPO in Hong Kong and Shanghai
26.8.2020
China’s Ant Group is prepping for the largest IPO in history
Major Chinese Banks Bar Customers From Buying Gold, Precious Metals
1.8.2020
Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.” Chinese Banks...
Open Banking & Banking Digital Transformation Congress Will Be Held in August in Shanghai
19.6.2020
Open Banking & Banking Digital Transformation Congress 2020 will be held on September 24-25, in Shanghai, with a focus on digital transformation and open ecosystem construction of large state-owned banks, joint-stock banks, urban commercial banks, and foreign bank, etc. The congress will mainly...
Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO
2.6.2020
Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company is working with Canaan Creative to build a new crypto miner
Shanghai PBoC Warns Chinese Public Against Blockchain Investment Schemes
12.5.2020
A social media account for the People’s Bank of China is warning citizens against illegal fundraising schemes that involve virtual currencies and blockchain
Chinese Court Rules Bitcoin Is Asset Protected by Law
9.5.2020
A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized under...
Shanghai Gas Collaborates With Vechain; Implements Blockchain-Based Energy Project
1.4.2020
Shanghai Gas Co., Ltd, collaborates with Vechain to bring further development in blockchain-based energy projects. The economically feasible nature of blockchain technology encouraged Shanghai to seize the opportunity for further investments. Besides cost-effectiveness, Shanghai Gas discovered...
Binance Academy Establishes Physical Presence in Shanghai
27.3.2020
Binance re-establishes itself in China, but only as a research institute
Tesla Secures $1.6 Billion Chinese Credit for Its Shanghai Factory
27.12.2019
As the whole world has become wary of the developments in the US-China trade war front, finally, there is a positive light on that issue. After choosing China as its first manufacturing unit outside the United States, Tesla has inked a loan agreement worth 9B Yuan (1.29B USD) recently. As...
Chinese Regulators Question 8 Crypto Companies in Shenzhen
20.12.2019
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...
Hong Kong Blockchain VC Hires Former NEO Exec to Launch Shanghai Office
17.12.2019
Former NEO general manager Zhao Chen joins Hong Kong-based venture capital firm CMCC Global to lead blockchain equity investments in mainland China at a new Shanghai office
Blockchain Startup Conflux to Get Shanghai Government Funding for Research Institute
17.12.2019
Shanghai will open a blockchain incubation center by the end of December with substantial investment, even as China’s government continues to crack down on crypto-related businesses
Little-Known Crypto Exchange With Ties to a Shanghai Firm Halts Services, Says CEO ‘Missing’
29.11.2019
IDAX, an obscure crypto exchange linked to a Shanghai firm, says its "global CEO has gone missing" and has halted services
Bithumb Quashes Shanghai Office Closure Rumors After Binance Denial
21.11.2019
Crypto exchange Bithumb denies recent reports that Chinese authorities have raided its Shanghai offices