25,000 Blockchain Firms in China Tried to Issue Cryptos, Senior Official Claims
Some 25,000 Chinese companies have tried to issue their own tokens over the past few years, a new report authored by five government agencies claims.
Mable Jiang, formerly of Nirvana Capital, will spearhead the venture firm's hunt for new deals in Asia.
Huobi China has joined a blockchain consortium backed by a powerful state-sponsored entity.
The People's Bank of China is said to be preparing to launch pilots for its digital currency in Shenzhen and Suzhou from the end of the year.
IDAX says its unnamed "global CEO has gone missing" and asked customers to stop using its services.
The market’s overreaction to President Xi’s praise of blockchain technology has prompted another crackdown, dashing hopes for a crypto-friendly China.