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“# Hong Kong brokerage Futu halts crypto futures over regulatory issues ” A major Hong Kong-based online brokerage firm has reportedly suspended cryptocurrency futures trading due to regulatory concerns. Futu Securities, one of the biggest trading brokerages in Asia, has halted support of crypto futures contracts and trading services in response to regulatory requirements, Chinese…
“# Story of Seasons Mobile debut trailer ” First look at the mobile farming simulation game. Marvelous, Tencent Games, and developer NeXT Studios have released the debut trailer for Story of Seasons Mobile, the March 2019-announced mobile entry in the farming life simulation series. Story of Seasons Mobile is in development for iOS and Android….
“# China’s digital yuan os backup to AliPay and WeChat Pay, says official ” China’s central bank digital currency, or CBDC, will provide backup for major retail payment services like AliPay and WeChat Pay as its key objective, according to an official at the People’s Bank of China. Mu Changchun, head of the People’s Bank…
“# Chinese holding firm Ping An overtakes Tencent in blockchain patents race ” Chinese holding conglomerate Ping An Group filed the largest number of blockchain-related patents in 2020, according to a new report. Intellectual property-focused magazine Intellectual Asset Management has released a report on the rankings of the world’s foremost blockchain patentees. Based on data…
“# China’s CBDC is about domestic dominance, not beating the dollar ” For the past several years, the trade war between China and the U.S. has been at the center of international relations, with technology playing an outsized role. Within crypto, advancing interest in central bank digital currencies has become part of that narrative of…
“# Ant-backed MYbank to help China expand digital yuan trial ” China’s central bank is pushing exposure to its ongoing national digital currency pilot by enlisting two major private banks in the project. According to a Feb. 22 Bloomberg report, MYbank and WeBank will help the People’s Bank of China extend its user exposure in…
“# Bitcoin’s market cap flipped Tencent on its way to $1 Trillion ” At approximately $1 trillion, Bitcoin’s market cap has blown past Tencent, which holds a valuation of roughly $917.8 billion at time of publication, according to AssetDash rankings. Crypto’s largest digital asset is now sixth on AssetDash’s list of top market cap…
“# Law Decoded: Of ICBMs, BTC and ETFs, Feb. 5–12 ” Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note A wise man once said, “there’s security and there’re securities,” and if he didn’t, he should’ve. In modern English, it seems a quaint…
“#Tencent picks up a piece of Bohemia Interactive pie” Chinese transnational technology conglomerate holding company Tencent has recently invested in Bohemia Interactive. The Czech studio is best know for its military simulator game series Arma and online survival game DayZ. First reported by GamesIndustry on 9th February, Tencent has picked up minority stakes in Bohemia…
“# Tencent acquires minority stake in Bohemia Interactive ” Studio behind DayZ, Vigor, and Ylands. Tencent has agreed to acquire a minority stake in DayZ, Vigor, and Ylands developer Bohemia Interactive, the company announced. Following the investment, Bohemia Interactive will continue to operate independently and be led by the existing management team. Bohemia Interactive and…