Tagged: Dovey Wan

Authorities in China Reportedly Shut Down Local Cryptocurrency Exchange BISS, 10 Individuals Arrested

Authorities in China continue to crack down on crypto-related businesses. Recently, the nation’s police officials closed down local digital asset exchange BISS and took 10 people into custody, as they were suspected of being involved in the trading platform’s business operations. On November 22, 2019,… Read More

Chinese City Guangzhou’s Government Announces 1 Billion Yuan Blockchain Subsidy Fund

The government of Guangzhou, the capital and most populous city of China’s Guangdong province, has reportedly launched a $140 million subsidy fund in order to support the ongoing development of several local blockchain projects. Guangzhou’s authorities intend to allocate around 1 billion yuan (appr. $141… Read More

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