Other investors include Hong Kong's Huobi Ventures as well as Shima Capital, Malaysia's OKX Blockdream Ventures, Mechanism Capital and Morningstar Ventures
Paytm’s chief Vijay Shekhar Sharma moved to reassure the markets as the Indian giant’s share price tumbled another 12% after reports of data leaks to Chinese firms
New Delhi has banned over 220 Chinese apps, including 54 just last month, in a blow to publishers that saw India as the next growth market
The multipurpose facility could make microchips, electric-vehicle components and other electronics like displays
The PBOC uncovered violations during an inspection of WeChat Pay in late 2021. The payments network allegedly permitted the transfer and laundering of funds from illicit transactions, it said
Shares of Indian digital payments firm tumbled more than 13% on Monday, after the central bank barred the company's payments bank from taking on new customers and ordered an IT audit
Taiwanese tech giant Foxconn said its Shenzhen operations would be suspended till further notice, while automakers Toyota and Volkswagen have also suspended some operations in Changchun
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
The Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
Asia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade