The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Weekly Report: Alibaba and Bitmain lead exit from China

News Snapshot:

Here are the leading cryptocurrency and decentralised finance headlines that you might have missed this week Kraken to pay $1.25 million fine for trading violations Crypto exchange Kraken is set to pay a $1.25 million fine for allegedly offering unregulated crypto products to consumers. A statement released on Thursday by the CFTC also said that Kraken had been ordered to cease and desist from any further violation of the Commodity Exchange Act. The issue stems from the CTFC’s findings which showed that Kraken had offered marginal trading to its customers between June 2020 and July 2021. Kraken is charged with…

Other China Tech Buzz: