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China’s Ant Group sought to draw a distinction on June 23 between non-fungible tokens (NFTs) available on its platforms and cryptocurrencies currently subject to a crackdown by Beijing, after users expressed confusion.
WASHINGTON (Reuters) -The U.S Commerce Department said Monday it was rescinding a list of prohibited transactions with TikTok and WeChat that were issued in September as the Trump administration sought to block new U.S. downloads of both Chinese-owned apps.
IT is less than a fortnight until the closing date of Bank Negara’s digital bank licence application and the heat it is generating is intense.
China’s government summoned Meituan’s Wang Xing to a meeting recently and warned him to keep a low profile, after the founder of China’s third-largest tech corporation last month posted a controversial poem that convulsed markets and sparked a social media furor.
KUALA LUMPUR: SEA Ltd and Petroliam Nasional Bhd (Petronas) (pic) are among companies planning to bid for a digital banking licence in Malaysia, according to people familiar with the matter, as the country prepares to open up its financial industry.
BEIJING (Reuters): Alibaba Group Holding founder Jack Ma is "lying low" and focusing on hobbies and philanthropy, the Chinese e-commerce giant's executive vice chairman and co-founder Joe Tsai told CNBC on Tuesday (June 15).
Tech giants preparing to reach net zero carbon output
Beijing’s blockchain supremacy plan gives shot in arm to start-ups, although dampers remain on bitcoin
China’s MIIT and CAC published a plan this week to create an “advanced blockchain industrial system”Blockchain is being used in China in a wide variety of fields, such as smart city and government initiatives
US-China Tech war: TikToK, WeChat remain in Washington’s crosshairs after Biden revokes Trump’s orders
Joe Biden’s new executive order directed the US Commerce Department to assess, in the following six months, any apps associated with foreign adversariesThe department will provide recommendations of actions needed to address the risks found at the end of the assessment
BlackRock Inc. became the first foreign asset manager allowed to start a wholly owned mutual fund business in China, a step toward winning a slice of one of the fastest-growing wealth markets.