Cryptocurrency exchange Huobi to clean up existing mainland clients by end-2021
BEIJING : Chinese cryptocurrency exchange Huobi Global said on Sunday it had stopped taking new mainland customers from Friday and would end contracts with mainland clients by the end of the year to comply with local regulations. China's regulators intensified a crackdown https://www.reuters.com/world/chi
BEIJING : Chinese cryptocurrency exchange Huobi Global said on Sunday it had stopped taking new mainland customers from Friday and would end contracts with mainland clients by the end of the year to comply with local regulations.China's regulators intensified a crackdown https://www.reuters.com/world/china/china-central-bank-vows-crackdown-cryptocurrency-trading-2021-09-24 on Friday, banning cryptocurrency transactions and mining, clarifying that overseas exchanges are barred from providing services to mainland investors via the internet.
Huobi Global said in a statement it will conduct an orderly exit of its existing mainland clients on the premise that safety of their assets is guaranteed.(Reporting by Cheng Leng, Samuel Shen and Ryan Woo; Editing by William Mallard) Read more: CNA »
Covid-19: Healthcare system still under pressure as hospitalised patients, ICU cases continue to rise, says MOH
Bitcoin slips after China central bank vows to crack down on crypto tradingLONDON : Bitcoin fell nearly 5per cent on Friday after China's central bank said it would crack down on cryptocurrency trading, banning overseas exchanges from providing services to mainland investors.The largest cryptocurrency was last down 4.6per cent at US$42,874, with smaller coins that typically trad
Huawei smartphone revenue to fall at least US$30-40 billion in 2021- chairmanSHENZHEN, China :China's Huawei Technologies will see revenue from its smartphone business drop by at least US$30-40 billion in 2021, with new growth streams unlikely to make up the shortfall in the next few years, chairman Eric Xu said. While the firm has been 'getting used to U.S. sanctions' imposed on it s
Quad nations to focus on clean-energy supply chain, says Australia PMThe United States, Japan, India and Australia will work to improve the security of supply chains for critical technologies such as clean energy and to ease a global semiconductor shortage, said Australia's Prime Minister Scott Morrison.The Quad nations, in their first in-person summit https://www.reuters. Australia, clean up yrself first. 'Of all the developed countries, Australia has the poorest standing on climate' Bas Eickhout, member of European Parliament India, clean up yrself first. India has 7 of the top 10 cities with worst air quality in 2018. (Sources: Greenpeace and AirVisuaI) Japan, clean up yrself first. Japan is committing a crime against humanity by dumping nuclear waste into the ocean.
FTX Crypto Exchange HQ Moves to BahamasThe crypto-derivatives exchange FTX officially moved its headquarters from its previous Hong Kong location to the Bahamas.
Hairy crab season has arrived in China and so have the fake ‘paper crab’ fraud schemesMid-Autumn Festival is a special occasion to gift people mooncakes, but there is another seasonal food in mainland China that might be more valuable: hairy crabs. Coupons, or “paper crabs”, are used to redeem Yangcheng Lake crabs, considered the best of the hairy crabs that are in season every Autumn from around late September to December. Hairy crabs are a popular delicacy in mainland China and Hong Kong, and while they are farmed elsewhere, including Japan and Taiwan, the ones from Yangcheng L