Chinese internet company Baidu has announced its Baidu Trust technology as a Blockchain as a Service (BaaS) platform. The blockchain service is enterprise-level to be used according to the actual business scenario of the project, and its properties.
At last, it was made public by several mainland China-based bitcoin exchanges that new policy will see renminbi disallowed on exchanges. The PBoC and Chinese financial regulators finally stopped dragging Chinese exchanges through one policy change to the next regarding renminbi, although there may be more to come.
In response to the latest wave of regulatory pressure regarding ICOs, and being unsure of what policy decision could come next from Chinese authoritarians, Shanghai-based BTCChina has confirmed it will stop trading at the end of the month, on September 30th.
YUNBI, the Chinese based cryptocurrency exchange founded in 2013 has announced that all ICO tokens previously supported on the exchange including QTUM, GXS, EOS, ANS, DGD, 1ST, GNT, REP, SNT, OMG, PAY, LUN, and VEN have now been delisted from YUNBI.
Earlier in the week on Monday, September 4th, the People’s Bank of China (PBOC) announced the “China ICO ban” which sees to that (I) all token sales or initial coin offerings (ICO) being conducted in Mainland China are to stop their financing activities with immediate effect (II) the organizations and individuals who have already completed token sales in Mainland China are to make arrangements to repay the funds raised to investors (III) all token sale platforms and secondary token marketplaces based in Mainland China are to stop providing exchange services.
Digix Global has announced Canaan Liu as the new Chinese Community Manager for Digix. Canaan will be primarily focused on helping manage the Digix channels on WeChat and provide translation assistance to the Chinese community.
ViaBTC Exchange, the crypto trading platform offshoot launched last month by China-based ViaBTC, announced they will be releasing a Zcash ZEC / Chinese yuan CNY trading pair this week.
Chinese-based cryptocurrency trading platform Huobi, founded in September 2013 and one of the largest in China announced today that trading in CNY/ETH will begin on Wednesday of this week.
It was announced from Chinese crypto exchange Yuanbao Jinhui (Beijing) Technology Co., Ltd. that as of tomorrow, the company will start to list new trading pairs against CNY which include, Ethereum and Ethereum Classic.
Symbiont, a smart contracts platform for institutional financial applications of distributed ledger technology, today announced a strategic partnership with Chinese software giant Hundsun Technologies Inc, which includes an investment by a division of Hundsun in Symbiont’s Series A-1 round.
Chinese bitcoin exchange CHBTC today announced that in order to execute new requirements and regulations of the national anti-money laundering rules for cryptocurrency exchanges, the CHBTC platform has upgraded their user real-name authentication system.
It was announced today that Shenzhen, China-based mining pool company ViaBTC has closed a series A funding of 20 million CNY (2.9 million USD) from bitcoin mining pioneer Bitmain Technologies and other private investors.
First Bitcoin Capital Corp. (OTC PINK: BITCF) and its subsidiary cryptocurrency exchange CoinQX has announced the opening of its new offices in Shanghai, China to accommodate its accelerated growth and future expansion plans into China and other Asian markets.