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It sounds like a surefire bet. You lend money to a borrower who puts up collateral that exceeds the size of the loan, and then you earn interest of about 20%. What could possibly go wrong?
HONG KONG (China Daily/ANN): Amid the so-called tech race between China and the United States, blockchain technology is having its Renaissance in the world’s second-largest economy with the strong backing of President Xi Jinping.
How bitcoin and other digital coins are defined could shape how they are regulated around the world.
China's blockchain market is becoming more attractive than ever to foreign investors.
KUALA LUMPUR: The Securities Commission (SC) has cautioned the public against unauthorised initial coin offerings (ICO) and digital asset exchanges in light of the growing number of queries and complaints.
A TOTAL of 25.1 million mobile payment transactions has been recorded with a volume of RM725.8mil in the first quarter of this year, says Deputy Finance Minister Datuk Amiruddin Hamzah.
KUALA LUMPUR: A total of 25.126 million mobile payment transactions worth RM725.8mil have been recorded in the first quarter of this year, says Deputy Finance Minister Datuk Amiruddin Hamzah.