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Wolfie Zhao

Latest from Wolfie Zhao
Crypto Venture Firm to Invest 200K Ether in US Startups
A China-based venture firm focused on the crypto industry aims to invest 200,000 ethereum in U.S. startups

Bank Regulator Proposes Chinese Crypto License In Research Paper
A research paper from China's banking regulator suggests the country should let ICOs operate legally under a financial regulatory framework.

Korean Watchdog Tightens Rules on Crypto Exchange Bank Accounts
Banks in South Korea are now required to monitor all accounts held by crypto exchanges following a tightening of anti-money laundering measures.

Huobi Pro Exchange to Suspend Crypto Trading in Japan
Huobi Pro is to stop offering trading services to investors living in Japan, reportedly over its lack of a license in the country.

US State Seeks to Confiscate $24 Million in Dark Web Bitcoin
The crackdown of vendors on darkweb marketplaces lets the U.S. government seize 4,000 bitcoins and now it wants to confiscate all of them.

Hong Kong Seeks to Widen DLT Use in Trade Finance
Hong Kong's banking regulator is planning to widen its works on cross-border trade finance using distributed ledger technology.

PBoC Filings Reveal Big Picture for Planned Digital Currency
The continuing efforts by China's central bank to build a fully-featured digital currency product are revealed in its many patent filings.

2 APAC Nations Have Ruled Out Central Bank Digital Currencies
The central banks of both Australia and New Zealand have said they do not plan to create their own digital currencies – at least for now.

A New Business Model Is Shaking Up the Crypto Exchange Rankings
The recently introduced, and controversial, "trans-fee mining" revenue model is starting to change the cryptocurrency exchange landscape.

Exchange Leak Puts $620K-Worth of Customer Crypto at Risk
A new exchange from South Korea leaked critical information about 19 of its users, a mistake that could have cost them $620,000 in cryptocurrency.
