This week has seen both Shanghai Stock Exchange and Santander signal interest in implementing blockchain into securities trading
The Shanghai Stock Exchange (SSE) published a research paper on Tuesday, which analyzed the use of DLT in various stages of a security transaction, writes Coindesk. The SSE is one of the two stock exchanges operating independently in the People’s Republic of China and is the world’s 3rd largest stock market by market capitalization. The […]
Shanghai Stock Exchange is pushing for the use of DLT in the securities market but says a lack of regulatory framework is a key hurdle at the moment.
A Chinese regulator has spoken out against blockchain, accusing some of mythologizing the technology, writes Cointelegraph. Fan Wenzhong, head of the international department of the China Banking and Insurance Regulatory Commission, made the statement during a recent speech at the 5th Fintech Bund Summit in Shanghai on 8 July. The regulator didn’t deny that blockchain […]
Shanghai-based startup VeChain intends to verify the whole wine supply chain with blockchain technology
The Chinese wine industry is worth $2.8 billion. In attempts to improve trust, Shanghai-based startup VeChain is using blockchain technology to track imports to the city — the mainland’s second-largest market for imported wine — from vine to table. VeChain: Using Blockchain to Build Trust in Wine Industry To start, VeChain is teaming up with… […]
Founder of Chinese e-commerce giant Alibaba, Jack Ma, has commented recently that he doesn’t see blockchain as a bubble, unlike sees bitcoin, which is something he has no plans to pursue. The e-commerce boss made the comments at the 2nd World Intelligence Conference, which was held in Tainjin in Northern China on May 26th. At […]
What happens to cryptotrading when ICOs become illegal.
Shanghai authorities don’t let top management of Bitcoin exchanges to leave the city, and it’s only the beginning
China-based exchange BTCC has announced it will be closing its doors to domestic trading, while Shanghai media indicates a broader crackdown.
A second conference on blockchain-based fundraising has been cancelled following news that regulators in China have formally outlawed the use case.
The third Global Blockchain Summit Shanghai will get underway next month despite the unforeseen circumstances of a similar event in August.
NEO founder discusses what made NEO successful, and what the future of NEO looks like
A group of insurance companies has completed a new blockchain trial in China aiming to utilize the security and traceability features of the tech. Source
The venture arm of major Chinese conglomerate Wanxiang Group has launched a new blockchain startup accelerator Source