The Internet Finance Association of China urged members Wednesday (Sept. 13) to avoid trading virtual currency or providing services that have to do with cryptocurrency...
Regulators in China are gearing up to issue new rules on digital coin offerings and could move to ban them until the new rules are...
On the regulatory front, last week saw a bit of news about mergers – actually, more than a bit. Specifically, the agreement for U.S. credit...
The People’s Bank of China (PBoC) has ordered all online payment companies to channel mobile payments through a new clearing house by next June, which could...
Double-digit transaction growth and strength in Europe boosted Visa’s earnings beyond the Street’s expectations, while management also gave the lift to expected revenue growth going forward....
Chinese regulators are deploying ATM machines in Macau that require users to stare into a camera for six second to verify their identity and monitor...
China’s central bank is expected to proceed with new bitcoin regulation that will require exchanges to identify clients and follow banking guidelines. MarketWatch reported that...
In a buying spree that began on Friday (May 27) and carried on through the four days since, Chinese investors managed to push the price...
When it comes to imposing stringent licensing restrictions on foreign bank card providers, it seems as though China is taking a more relaxed attitude. A...