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China’s Central Bank Reveals First Cohort of its FinTech Regulatory Sandbox Pilot

China’s Central Bank Reveals First Cohort of its FinTech Regulatory Sandbox Pilot

The Chinese central bank’s Shanghai headquarters has recently revealed the Shanghai FinTech Innovation regulatory sandbox application list. The People’s Bank of China’s (PBoC) Shanghai branch is currently soliciting opinions from the public on eight applications to be included in the FinTech innovation supervision pilot.

President Trump Instructed Clamp Down on Bitcoin, Alleges Former National Security Advisor

President Trump Instructed Clamp Down on Bitcoin, Alleges Former National Security Advisor

John Bolton, a former national security advisor in the Trump administration, has purported that the US president ordered Treasury Secretary Steven Mnuchin to crack down on Bitcoin in mid-2018.

Cryptos Confiscated from $4.2 Billion PlusToken Scam Likely Sold by Chinese Police, says Journalist Colin Wu

Cryptos Confiscated from $4.2 Billion PlusToken Scam Likely Sold by Chinese Police, says Journalist Colin Wu

China’s crypto journalist Colin Wu believes that Chinese police have sold cryptocurrencies seized from the $4.2 billion PlusToken Ponzi crackdown.

Trump Signs TikTok Executive Order and Seeks to Clean the Free World's Networks of China State Tech Espionage

Trump Signs TikTok Executive Order and Seeks to Clean the Free World's Networks of China State Tech Espionage

United States President Trump has issued two executive orders against Chinese social media apps TikTok and WeChat, which are suspected of sharing US citizens’ data with the Chinese Communist Party.

China’s Crypto Mining Clampdown Sparked by Illegal Coal Extraction

China’s Crypto Mining Clampdown Sparked by Illegal Coal Extraction

China’s latest crackdown on cryptocurrency mining was prompted by an increase in the illegal coal extraction.

Elon Musk Criticizes Bitcoin Mining for Being Highly Centralized in China, Hinting that Tesla May Dump Bitcoin

Elon Musk Criticizes Bitcoin Mining for Being Highly Centralized in China, Hinting that Tesla May Dump Bitcoin

Elon Musk’s tweets have served to create headwind for Bitcoin, sending the cryptocurrency on a steep plunge.

FBI Arrests 2 Hackers for Ransomware and “Crypto-Jacking” Scams, 5 Chinese Suspects Still at Large

FBI Arrests 2 Hackers for Ransomware and “Crypto-Jacking” Scams, 5 Chinese Suspects Still at Large

The DoJ and the FBI seized two criminals connected to a cybercrime targeting over 100 companies in the US and abroad with ransomware, crypto jacking and more.

TikTok Encryption Layer Bypassed Google Android Safeguards to Track Users Data

TikTok Encryption Layer Bypassed Google Android Safeguards to Track Users Data

Following President Trump’s executive order against TikTok, new evidence has revealed that the social media app had been collecting unique identifiers from millions of mobile devices, allowing the China-based app to track user’s online without permission.

“We Can’t Let China Beat Us,” Document shows US Regulators Want to Pass a National Blockchain Bill

“We Can’t Let China Beat Us,” Document shows US Regulators Want to Pass a National Blockchain Bill

Lawmakers in the US are coaxing the federal government to consider a national blockchain strategy for regulation and growth, citing China’s Blockchain Service Network as an example.

Binance CEO Changpeng Zhao Named as the Richest Ethnic Chinese Person: Caijing Reports

Binance CEO Changpeng Zhao Named as the Richest Ethnic Chinese Person: Caijing Reports

Changpeng Zhao, the CEO of Binance cryptocurrency exchange, has been tagged the richest ethnic Chinese person alive, according to local media from China reports.

Bitcoin Mining Experiences 8th Consecutive Difficulty Since China’s Ban

Bitcoin Mining Experiences 8th Consecutive Difficulty Since China’s Ban

Even though miners have found the right footing by relocating to other areas like the United States, the eighth consecutive difficulty is being witnessed.

HK FinTech Week: China’s eCNY Wallet Registers 140M Users, Rises 6 Times More, says PBoC Official

HK FinTech Week: China’s eCNY Wallet Registers 140M Users, Rises 6 Times More, says PBoC Official

China’s digital yuan wallet has witnessed its user base rise six times more just after the past four months to hit 140 million active accounts.

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