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China
Shanghai Government Invests $5M in Blockchain Startup Conflux
The Shanghai government has invested over $5 million in Conflux while putting the project on a list of 57 companies that focus on emerging technologies.
Babel Finance Is Letting Crypto Mining Firms Use Machines as Loan Collateral
A clever way for bitcoin miners to get better loan terms.
US-Listed Chinese Lottery Firm Plans $14.4M Move Into Bitcoin Mining
Shares of the company traded up 11% on the news of the deal to purchase miners later this year.
Chinese Bank Trials Digital Yuan Services at ATMs: Report
Trials of China's central bank digital currency continue, with ATMs now starting to be used in Shenzhen.
Trump Signs Order to Ban Ma's Alipay, Other Chinese Apps
Separately, U.S. officials are reportedly considering banning U.S. citizens from investing in Alibaba Group, an affiliate of Alipay's parent.
Google Cloud Seeks Blockchain Expert for China Division
Google Cloud is hiring a manager for its team to sell enterprise accounts to C-level executives.
Former Canaan Directors to Guide Chinese Gaming Firm's Pivot to Crypto Mining
Former directors of Canaan Inc. are investing in the Shanghai firm and will help launch its new mining subsidiary.
Shenzhen to Double Digital Yuan Giveaway in China's Latest Lottery Test
The latest digital currency giveaway is aimed to gauge user experience ahead of an expected launch.
OKCoin to Suspend XRP Trading and Deposits on Jan. 4
OKCoin became the latest exchange to suspend XRP trading and deposits as of early next year.
