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Category Archives: Regulation

Legal Interpretation of Online Payment Rules in China

Dec 12, 2016


Editor’s Note: Author of the article is Liu Chunquan, partner of Shanghai Duan&Duan Law Firm. It offers the interpretation of online tipping or donation under the current legal framework in China from a lawyer’s perspective. The topic evolves around the tipping incident last month...

China Sacks Finance Minister Amid Bitcoin Regulation Rumors

Nov 7, 2016


Big changes are coming the China’s financial ecosystem. A top official has been removed from his seat of power effective immediately. Interestingly enough, the finance minister was an active proponent of economic reforms in the country. China has been suffering from mounting debt, and addressi...

Chinese Government Publishes Blockchain Financial Whitepaper

Oct 19, 2016


In a surprise move, the Chinese government’s primary information technology ministry has published a research paper detailing blockchain’s benefits. Although it looks at many industries, the paper highlights the financial sector for blockchain technology’s first applications. Contribut...