Despite Denials, Tron Founder Confirms Investment in Poloniex Crypto Exchange

Despite an earlier denial, Justin Sun is part of an investment group buying troubled crypto exchange Poloniex.

Alibaba Offers Bitcoin Rewards Through Lolli Shopping App for ‘Singles Day’

Lolli will offer Alibaba customers bitcoin back on their purchases with a new partnership.

‘Clicks and Bricks’ Strategy to Drive Korean Users to Terra’s Blockchain

Terra Blockchain's CHAI dapp is rolling out a back-to-basics "clicks and bricks" growth strategy to boost retail adoption in South Korea.

China Announces New Regulatory Authority to Certify Digital Payments, Blockchain Products

China’s central bank will certify a list of fintech product types that are widely used for digital payment and blockchain services with its verification...

Chinese State-Owned Media Try to Dampen Market’s Crypto Enthusiasm

Chinese state-backed media are warning investors to remain rational amid a spike in interest in crypto companies.

Ex-Official Trolls Libra, Says China Likely to Issue Digital Currency First

China's central bank could be the first to issue its own national digital currency, a former official said, while contending that Libra was doomed.

Chinese Official Warns Libra Could Abet Illegal Cross-Border Transfers

Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese regulator said Monday.

From Banking Giants to Tech Darlings, China Reveals Over 500 Enterprise Blockchain Projects

As President Xi called on China to seize blockchain opportunities, industry heavyweights are already leading hundreds of enterprise projects.

Bitcoin Jumps 12% as China’s Xi Embraces Blockchain, Boosting Crypto Sentiment

Bitcoin prices surged Friday after the Chinese President said his countrymen should "seize the opportunity" afforded by blockchain technology.

Tencent Says Libra Would Pose Serious Threat to Alipay, WeChat Pay

Chinese internet giant and parent of WeChat, Tencent said Libra would pose serious risks to current digital payment systems in the country.

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