In a significant development the SEC has torpedoed two proposals which aimed to offer bitcoin exchange-traded funds, dealing a blow to market participants who had hoped the regulator would have approved the given the deal a green light since it… Read More ›
public interest
Chinese state prosecutors targets WeChat’s YouthMode, fails to cite provisions of law which the program is non-compliant with
After Beijing state prosecutors initiating a civil public interest lawsuit against Tencent’s subsidiary, the company said it would investigate the functions of its popular social messaging app WeChat’s “youth mode”. According to prosecutors, WeChat’s “youth mode” does not comply with… Read More ›
Germany tightens foreign investment rules eyeing China
Earlier this month, European Union states have agreed to coordinate scrutiny of foreign investments in Europe, notably from China. In a significant development, Germany has agreed to adopt new business rules that lowers the threshold for screening for mergers and… Read More ›