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business news
Alibaba Payment Affiliate Rules Out ICO Fundraising
Ant Financial Services Group, Alibaba's payment affiliate and operator of AliPay, has taken a critical stance over initial coin offerings.

Crypto Exchange Huobi Registers With FinCEN Ahead of US Launch
Huobi's U.S. division is planning to roll out its crypto-to-crypto trading service for U.S. investors in May.

UK Government Minister Calls for 'Proportionate' Crypto Rules
John Glen, the U.K. minister who oversees the financial sector, says regulation could lead to "a stable, flourishing" crypto exchange in London.

The Sierra Leone Vote: What We Got Wrong
Recent media coverage overstated a blockchain startup's involvement in the Sierra Leone election. CoinDesk inadvertently contributed to the problem.

Quebec Pushes Hydropower Utility to Halt New Bitcoin Mines
Quebec is temporarily suspending new cryptomining operations from setting up facilities in its low-cost power region.

9 Malaysian Banks Team Up for Trade Finance Blockchain Apps
Nine Malaysian banks have teamed up to develop blockchain applications for trade finance, according to the country's central bank.

Enterprises Building Blockchain Confront Early Tech Limitations
Executives working with two of the largest live blockchain implementations spoke on stage at the DTCC's annual fintech event.

Yahoo Japan to Launch Cryptocurrency Exchange in 2018, Says Report
Yahoo Japan is planning to launch its own cryptocurrency exchange next year, Nikkei Asian Review reports.

Blockchain Standardization Tops Chinese IT Ministry's 2018 Agenda
China's Ministry of Information Technology and Industry is ramping up its focus on national blockchain standardization this year.

Blockchain Remittances Face Efficiency Hurdle, Says Taiwan Central Bank
A trialed blockchain system for interbank clearance was not as efficient as the current centralized system, says a central bank report.
