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Wolfie Zhao

Latest from Wolfie Zhao
Cloud Mining Contracts Are Securities, Says Philippines SEC
The Philippines securities watchdog has warned that it will regulate cryptocurrency cloud mining contracts under existing securities rules.

Bank of England Eyes Private Blockchain Oversight
The Bank of England is examining how to maintain data privacy over a DLT network while still allowing a regulatory window into transactions.

Alibaba's Taobao Bars Crypto and ICOs in Policy Update
Alibaba's Taobao e-commerce site has updated its list of prohibited goods and services on the platform, which now includes those related to cryptos.

China Needs Better Regulation for Blockchain Growth, Experts Say
Industry experts spoke of the need for regulations and standards to boost blockchain growth at a Chinese event on Tuesday.

China's State Electricity Firm Eyes Blockchain for Internet of Energy
China State Grid Corporation, the country's state-owned power utility, is looking to blockchain to advance its plans for an "Internet of Energy."

Japan Could Have More Than 3 Million Crypto Traders
Japan's Financial Services Agency has published domestic cryptocurrency trading statistics for the first time.

$1 Billion Blockchain Fund Launches with Chinese Government Backing
China now has a new blockchain fund with $1.6 billion available – 30 percent of that backed by the Hangzhou city government.

Normal Tax Rules Apply to Crypto Income, Says South Africa
The South African Revenue Service has clarified its stance on the treatment of cryptocurrency tax, saying current rules suffice.

Singapore Plans Blockchain Push to Boost Financial Inclusion
The Singapore government is looking to boost blockchain development in an effort to improve financial inclusion across Southeast Asian countries.

Korea to Inspect 3 Banks Over Crypto Exchange Connections
Three South Korean banks are to be inspected over their compliance with new anti-money laundering rules for cryptocurrency exchange accounts.
