Latest News: Fintech
More than 60 digi currency exchanges must register with the country’s Financial Intelligence Unit and partner up with banks or face being ordered to stop trading
The company, which supplies Apple and Qualcomm, will ‘set related mitigation measures’ and actively adopt the use of renewable energy
Liuzhou-based SGMW, GM's venture with partners SAIC Motor and Guangxi Automobile, says it's been developing its own auto computing chips for the past three years
AI News
Tesla boss Elon Musk says a 'Tesla bot' that can do a range of work will be ready in 2022, but that claim has already been damned as 'hype' by a sceptical US professor...
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Chinese AI Startup, Blacklisted by US, to File for Hong Kong IPO19 Aug 2021
SenseTime is expected to file for $1-billion IPO, two years after it was placed on a US blacklist for alleged involvement in human rights abuses in Xinjiang...
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Baidu On Cloud Nine as Revenues Roll In On Ad Sales, AI Demand12 Aug 2021
China’s Google has surprised analysts with a healthy set of quarterly numbers as it battles rivals Alibaba and ByteDance for tech dominance...
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SoftBank Claims Pepper The Robot Still Alive Despite Sales Dive21 Jul 2021
Reports say production at a Foxconn factory in China has already ceased; Humanoid was designed for SoftBank by French robotics start-up Aldebaran...
Blockchain News
Hacker reportedly offered $500,000 as a reward for returning crypto-assets taken in huge heist this week to a wallet the platform can access – but it is not known if 'Mr White Hat' will accept the offer...
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China sets goal to be blockchain world leader by 202508 Jun 2021
Guidelines issued on Monday by China’s IT and Cyberspace Affairs offices outline long-term plans to build blockchain companies to drive......
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Bitcoin plunges on China mining fears and concern about regulation18 Apr 2021
(ATF) Bitcoin fell by over 15% before recovering some ground to $56,100 by late on Sunday April 18.......
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Coinbase settles at $86bn value on Nasdaq, helping bitcoin hit new record14 Apr 2021
(ATF) Cryptocurrency exchange Coinbase made its public equity market debut on Nasdaq on Wednesday April 14 and closed......
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Crypto News
Indian Crypto Traders Angered by SBI Payments Block15 Sep 2021Traders upset by the State Bank of India blocking crypto exchanges sending funds via its Unified Payments Interface (UPI ) platform...
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New Laos Crypto Measure Seeks to Lure Miners Banned from China: FT16 Sep 2021
(AF) Cash-strapped Laos hopes to profit from China’s ban on crypto miners with a new measure that seeks to......
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UK Regulator Says It’s Unable to Oversee Crypto Exchange Binance: FT26 Aug 2021
(AF) In a demonstration of the difficulty in regulating cryptocurrencies, the UK’s Financial Conduct Authority (FCA) said it’s unable......
Cyber Security News
Didi Denies Reports that Beijing City is Coordinating Companies to Back it04 Sep 2021Controversial ride-hailing giant swift in effort to quell speculation as it undergoes cybersecurity probe ...
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China’s New Data Laws Leave Firms With More Questions Than Answers27 Aug 2021
New data security law requires all companies to classify data they handle into categories, plus how it should be stored and transferred, but firms have no guidelines yet on what to do...
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China’s Critical Data Rules Not Aimed at Firms Planning Foreign IPOs – Regulator24 Aug 2021
Top cybersecurity official says that all companies, including those involved in foreign trade, must ensure network security...
Payments News
Apple Takes App Payment Hit In Epic Court Fight But Hails Antitrust ‘Win’11 Sep 2021The tech giant will no longer be allowed to force developers to use its tightly-controlled sales tool – however the judge dismissed a claim it was an ‘illegal monopoly’...
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PayPal’s $2.7bn Paidy Purchase Puts It In Pole Position In Japan08 Sep 2021
The US firm’s acquisition heats up the buy now, pay later race in a country where more than two-thirds of all transactions are still paid for in cash...
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SKorean Govt Committee Votes to Curb App Store Commissions by Google, Apple25 Aug 2021
A South Korean parliamentary panel votes to recommend amending a law to stop Google and Apple from charging high commissions on app store purchases...
More Fintech News
Opinion & Comment
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ESG Investing in Asia Plots its Own Path17 Jul 2021
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