Alibaba Denies ‘Partnership’ With Lolli, Highlighting Crypto Industry Pitfalls

On Monday, CoinDesk reported the shopping app Lolli was offering bitcoin rewards to U.S.-based Alibaba shoppers for Singles Day. Alibaba…

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Chainalysis Says BitForex Trading Volumes Could Be Fake

BitForex exchange could be faking its bitcoin trading volume, according to a report released Friday by crypto auditors Chainalysis. For…

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Fintech Arm of Chinese Insurance Giant Files for US IPO After Blockchain Push

OneConnect Financial Technology, the fintech arm of China’s largest insurance company, filed a prospectus on Wednesday for an initial public…

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Despite Denials, Tron Founder Confirms Investment in Poloniex Crypto Exchange

Justin Sun, founder of crypto platform Tron, is part of the investor group that recently acquired Poloniex from payment company…

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China Central Bank Official: Digital Yuan Should Have ‘Controllable Anonymity’ 

China’s proposed new stablecoin project should strike a balance between protecting privacy and regulatory enforcement, China’s Digital Currency Research Institute…

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Alibaba Offers Bitcoin Rewards Through Lolli Shopping App for ‘Singles Day’

Lolli, an affiliate retail startup that gives online shoppers bitcoin instead of regular cash-back perks, just announced its first Asian…

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After Xi, China’s Central Bank Gives Blockchain Tech a Pump

The Chinese central bank is promoting the use of blockchain in trade finance, soon after the nation’s president made a…

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Hong Kong Regulator to Treat Crypto Traders Like Brokers Under New Rules

Hong Kong’s securities watchdog is to treat cryptocurrency trading platforms like traditional brokers, according to its second round of regulatory…

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North Korea Set Up a Blockchain Firm to Launder Cash: UN

North Korea has been using a Hong Kong-based blockchain company to launder money, according to a quarterly report from the…

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Only 1 Crypto Fund Has Passed Hong Kong’s SFC Regulatory Hurdles in First Year

A year after the Hong Kong Securities and Futures Commission (SFC) published initial regulations for funds investing in crypto, only…

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