China’s Banking and Insurance Regulatory Commission (CBIRC) has imposed new rules on wealth management products for cash, a move that puts stricter controls on the...
Speaking at the 13th annual Lujiazui Forum in Shanghai, Mu Changchun said that the state-backed digital yuan can be stored in a variety of wallets...
In today’s top payments news around the world, Klarna raised $639 million in equity funding, while two Chinese grocery delivery startups have filed to go...
The Chinese police have arrested about 1,100 people on money laundering charges, CoinDesk reported, adding those arrested were allegedly using crypto to evade the law....
Chinese grocery delivery startups MissFresh and Dingdong Maicai have filed to go public in the U.S. as people continue shopping online for the delivery of...
In today’s top payments news around the world, Nium announced that it would purchase Ixaris as part of an international expansion, while Worldline announced it...
China has blocked cryptocurrency and decentralized finance (DeFi) accounts and influencers from Sina Weibo, which is the Chinese equivalent of Twitter, The Guardian reported. As...
Chinese authorities increasingly are limiting the ways technology companies in the country are allowed to operate, The Wall Street Journal (WSJ) reported. Noting that the...
Kanzhun, which owns Chinese online job recruiting platform Boss Zhipin, has filed to conduct a U.S. initial public offering (IPO) that could raise as much...