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JASON Sanchez, 35, was able to start buying spare parts online last year for his cellphone repair shop in Havana thanks to the advent of cryptocurrency trading in Communist-run Cuba.
As the race heats up within Malaysia’s crowded e-wallet environment, some technology firms are taking a different approach to remain relevant - by white labelling their e-wallet solutions.
HONG KONG: Chinese startup Kuaishou is considering to go public in the US to bankroll its expansion in short videos and fend off competition from TikTok owner ByteDance Inc, according to people familiar with the matter.
ZURICH: Switzerland welcomes international scrutiny of the way it oversees the Facebook-led Libra cryptocurrency project and is ready to work with other countries to ensure seamless supervision, the top Swiss financial watchdog said.
WASHINGTON: Attorneys general from 48 U.S. states, the District of Columbia and Puerto Rico formally opened an antitrust probe on Monday into Alphabet's Google , in a sign of growing government scrutiny of U.S. technology giants.
HONG KONG: Consumer lender Home Credit is poised to offer the biggest test of Hong Kong's capital markets since China's Alibaba delayed plans for a $15 billion listing last month because of the political turmoil engulfing the city.
OVERBURDENED Chinese regulators have left the peer-to-peer (P2P) lending industry to poorly staffed local governments, according to ex-regulators, threatening the survival of an important credit mechanism once seen as crucial for the country’s economy.
NEW YORK: The S&P 500 and Dow industrials closed slightly higher on Friday as investors digested a mixed U.S. jobs report and bet on a Federal Reserve interest rate cut this month, while China's stimulus plan helped ease some concerns around global growth.