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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Chinese Blockchain Spending to Exceed $2B by 2023

China’s spending on blockchain technology will exceed $2 billion in 2023, official state-run publication Xinhua reported on Nov. 10. The…

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Chinese Forex Regulator SAFE Expands Blockchain Cross-Border Pilot

Chinese regulator State Administration of Foreign Exchange (SAFE) expanded its blockchain cross-border financing pilot program. Local news outlet GlobalTimes reported…

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Chinese Police Hold MicroBT CEO Allegedly Over Dispute With Bitmain

The founder of Bitcoin mining rig manufacturer MicroBT is being held as of Nov. 8 by Shenzhen Police to assist…

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Bitcoin Mining

Chinese Agency Scraps Plan to Eliminate Bitcoin Mining Industry

More than six months after the China National Development and Reform Commission proposed to categorize bitcoin mining as an industry…

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Crypto News

Chinese Regulator Investigates Firm’s Blockchain Efforts Amid Stock Surge

An obscure porcelain and education firm is under investigation by a top Chinese regulator after it became one of the…

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After Painful 2018, Chinese Blockchain VCs Are Getting Back Into the Market

The Takeaways: After the 2018 crypto crash, up to 90 percent of blockchain-focused Chinese venture capital firms left the market.…

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Chinese Guangzhou Gov’t Unveils $140M Blockchain Subsidy Fund

The Guangzhou government has announced a $140 million subsidy fund to encourage the development of blockchain initiatives. The local authorities…

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Chinese State-Owned Media Try to Dampen Market’s Crypto Enthusiasm

Chinese state-owned media are attempting to quell the rush into crypto stocks following President Xi’s statement to “seize the opportunity”…

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Chinese Cryptocurrency Mining Giant Files for $400 Million IPO in US

Chinese cryptocurrency mining giant Canaan Creative has filed to be a publicly-traded company in the United States.  On Oct. 28,…

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