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Singapore Firms Sign 17 Deals with Companies in Sichuan


Singapore and China have always had deep business ties, and over the past decades, those ties have only been strengthened. While China has become the world’s second-biggest economy, Singapore has also become one of the world’s foremost financial hubs and one of the most dynamic business-friendly...

BitMEX CEO Arthur Hayes Accuses Binance of Plagiarism; CZ Apologizes


BitMEX blames Binance for forging their documents, a while ago through a tweet that came out as appalling for the later. In the tweet, they congratulated Binance for their Testnet futures and spoke that they’re happy to see the enthusiasm that their documents brought to their executives. Here’s...

Huobi rolls out the first-ever Blockchain Smartphone


Huobi, the Singapore-based cryptocurrency company said that it is drifting towards the blockchain telecom industry by rolling out an Android smartphone, called the “Acute Angle,” created in association with a blockchain funded project called Whole Network. The partial funds being entitled to Huobi...

The People’s Bank of China (PBoC) Keeps a Tighter hold on FinTech


The most recent news declares that PBoC (The People’s Bank of China) is looking forward to keep a tighter grip on the country’s FinTech, digital lending markets, and Blockchain. Additionally, China’s national bank stated that it expects to use the technology to upgrade the flow...

China Telecom Gears up to Develop Blockchain-Enabled 5G SIM Cards


China Telecom has divulged strategies to develop blockchain-enabled 5G ready SIM cards, reveals a Chinese website Sina News. The leading China Telecom’s research arm issued the white paper mentioning vital plans on the sidelines of China International Smart Industry Fair recently. The paper...

Tether Plans to Launch CNHT, An Offshore Stablecoin in China


Tether Holdings announced its plans to launch an offshore stablecoin in China which is to be backed by renminbi (Yuan). It is to be dubbed CNHT.  After Bitfinex enabled trading of Tether on their platform in 2015, Tether’s USDT made a massive impact on the crypto economy of China. To date, it...

Yuan Weakness Forces Tesla To Raise the Prices of Its Cars in China


It has been a bit an up and down year for Tesla so far as the company recovered from an abysmal start to the year by eventually posting record deliveries in the second quarter. However, the challenges that the company has been facing over the course of the past quarters have proven to be highly...

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