China


Finance

Babel Finance Is Letting Crypto Mining Firms Use Machines as Loan Collateral

A clever way for bitcoin miners to get better loan terms.

Cryptocurrency mining machines

Finance

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.

Máquinas de minería de bitcoin (Shutterstock)

Tech

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.

Shenzhen, China.

Markets

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.

Alipay's logo

Markets

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.

Google Cloud logo

Finance

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.

Canaan mining machine

Policy

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.

Chinese red envelope gift

Policy

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.

(Ripple)

Markets

The Rise of the Bitcoin Class

How a VC working in China finally convinced her Dad to buy into Bitcoin. The winning argument: Protection against government seizure.

From "Attack on Titan"

Markets

Bridging Cultural Gaps in 2021: Crypto in China and the US

Culture nuance defines a business climate. Multicoin investment principal Mable Jiang breaks down the divisions between East and West.

Mable Jiang is a principal on the Multicoin Capital investment team based in Hangzhou.