The social media giant’s foray into cryptocurrency is already drawing comparisons with Chinese e-wallet platforms.
The founding team of Renren has finally decided to let go of their efforts to restore the platform to its former glory, leaving the fate of the site in the hands of users and partners instead.
The Chinese central bank sees Libra as a rival and a direct threat to its yuan-backed DC/EP digital currency project.
Aliexpress is on the hunt for over content creators and influencers globally to build up its influencer network worldwide.
China is racing ahead with the development of its central bank-issued digital fiat money.
Tech leaders in China, which has blocked both cryptocurrency trading and access to the social network, are paying close attention to Facebook’s digital currency project.
Southeast Asia boasts a rising middle class and increasingly tech-savvy consumers.
Police in Turkey busted a crypto scam ran by 18 Chinese nationals who were holding 101 employees hostage. The gang was advertising a fraudulent crypto asset management in China.
The Chinese crypto mining firm is reportedly seeking to raise up to $500 million, lower than its previous fundraising target.