Ant Financial fintech affiliate raises $14 billion to continue its global expansion Ant Financial's latest $14 billion funding round reportedly values the Alibaba affiliate at $150 billion, far more than Goldman Sachs' $88 billion. The Chinese financial services company grew out of Alipay, the digital payments...

Advanced technology, backward banks and soaring wealth make China a leader in fintech Even at a European conference about fintech, one country dominated the conversation: China. This week, hundreds of fintech companies, from startups to tech giants, gathered at the Money 20/20 conference in Amsterdam, Netherlands....

As one of the biggest multinational communications technology companies based in China, Huawei Technologies Co.  reported that users of smartphones will be able to download bitcoin wallets to new Huawei devices starting from May 11, 2018. According to BTC.com business associate deputy chairman Alejandro de...

It is recorded that the Chinese Ministry of Public Security has developed a blockchain system to store the evidence that police gathered from the scene in a safer way. According to a statement by the Chinese Intellectual Property Office, the ministry's research arm applied for a patent application in November 2017. The...

The Stock Exchange of Thailand (SET) will fund a national initiative by developing a Blockchian-based system. In the statement, it is stated that SET has decided to support the local initiatives, which will be Blockchain-based, in the country by establishing a fundraising market. The official announcement...

Cryptocurrency exchange giant Huobi is planning to extent its services to Canada. Huobi will open a new office in Toronto which will create a new foothold in the North American market. Based in Singapore, the firm announced that it will enter the country despite the hostile attitude of the domestic banks in Canada. Ross...