China’s Central Bank has penalized 1,436 banks and payment companies and levied fines totaling 1.13 billion yuan — or $176 million — since 2016, the...
Bitcoin has been enjoying high prices, although it isn’t in favor with Hugh Johnson, chief financial officer of PepsiCo, NewsBTC reported. Johnson said America’s corporate...
Enforcement against technology companies that engage in anti-competitive practices will remain an enforcement focus of the People’s Bank of China (PBoC), central bank governor Yi...
Chinese consumers spent about 1.64 billion yuan ($252.3 million) on luxury goods at nine duty-free shops in southern island province Hainan in the first six...
Edward Snowden said he thinks China’s crypto ban has been a boon for bitcoin, Decrypt reported. Snowden said he thinks bitcoin needed to become “private...
Alipay and WeChat Pay are giving state-owned bank card clearinghouse UnionPay even more access to their mobile payment ecosystems as China continues to push Big...
CoinEx cryptocurrency exchange is stopping its business in China as the government there cracks down on crypto, Cointelegraph reported. The company said it will be...
Officials from the U.S. and the European Union are meeting on Wednesday (Sept. 29) to forge a unified stance regarding new technologies while also expanding...
The U.S. will assemble allies, particularly those in Europe, to compel the deceleration of China’s innovation, Commerce Secretary Gina Raimondo said Tuesday (Sept. 28), according...