Tag: Chinese Regulators
Chinese regulators ban crypto trading, mining; Bitcoin tumbles globally
China escalates its crackdown on cryptocurrencies with a blanket ban on all digital currency transactions and mining, sending bitcoin and other major coins lower...
China slaps $2.78bn fine on Jack Ma’s Alibaba for market abuses
Chinese multinational company Alibaba Group has been fined $2.78 billion by the country’s regulators for anti-competitive tactics, as the ruling Communist Party tightens its...
Chinese regulators gripping internet sector scrutiny; Summoned 11 firms on ‘deepfake’...
The Chinese regulators have summoned 11 technology companies including Alibaba and Tencent for talks regarding the security of voice software on their content platforms,...
Chinese govt pushes Alibaba to sell its media assets: Sources
The Chinese regulators are tightening their grip on Jack Ma’s empire by urging Alibaba Group to sell some of its media assets, including the...
China’s Ant Group lays financial self-discipline rules as govt scrutiny tightens
The world’s largest fintech company Ant Group has issued a set of financial self-discipline rules in light of increased scrutiny on its activities by...
Jack Ma’s Ant Group to get major overhaul; Strikes deal with...
The world’s largest fintech company Ant Group has agreed on a restructuring plan with Chinese regulators under which the firm will be turned into...
