Another ICO Conference Cancels in Wake of China Ban
A second conference on blockchain-based fundraising has been cancelled following news that regulators in China have formally outlawed the use case.
Shanghai will open a blockchain research center by the end of December with substantial investment, even as China’s government continues to crack down on crypto-related businesses.
IDAX says its unnamed "global CEO has gone missing" and asked customers to stop using its services.
Former NEO general manager Zhao Chen joins Hong Kong-based venture capital firm CMCC Global to lead blockchain equity investments in mainland China at a new Shanghai office.
Shanghai Stock Exchange sees potential for DLT in the securities market, but says the lack of a regulatory framework is a hurdle to be addressed.
China-based exchange BTCC has announced it will be closing its doors to domestic trading, while Shanghai media indicates a broader crackdown.