After provincial authorities started to limit operations of cryptocurrencies earlier this year, last week a full ban was issued by 10 ministries. Financial analyst Winston Wenyan Ma explains Bloomberg what the central government is doing to cryptocurrencies, the relation with the upcoming digital currency and its possible fallout on a global level.Read More →
China’s financial authorities have been cracking down massively on cryptocurrencies and last week saw a new escalation in that struggle, says financial expert Winston Ma to NPR. “When you have 10 ministries involved – right? – that’s very serious,” Ma says.Read More →
China is on track to launch its digital e-yuan currency ahead of the Beijing 2022 Winter Olympics, despite major shocks like the possible demise of financial giant Evergrande, says financial expert Winston Ma at The Street.Read More →
China’s authorities have been cracking down on cryptocurrencies, educations, gaming, health care, data, and platforms. Financial analyst Winston Wenyan Ma looks at how foreign investors can navigate through the bloody battlefield for Bloomberg.Read More →
China and US regulators have been tightening rules for Chinese companies to list at US stock markets, sending shockwaves through the financial and tech industry. Financial experts Winston Ma and Victor Shih look at the Wall Street Journal at what has happened over the financial cleaning operation in the past few weeks.Read More →
China’s Ant group went to great length in explaining its non-fungible tokens (NFT’s) are something completely different from the cryptocurrencies the government is targeting. Is it a smart way to avoid government measures? Fintech expert Winston Wenyan Ma highlights the dilemma created by Ant’s NFT, he tells Reuters.Read More →
Provincial governments in Sichuan, Xinjiang, Inner Mongolia, and Yunnan have been cracking down on bitcoin mining, but it is not alone because of the usage of coal to generate cheap electricity, says strategic advisor Winston Wenyan Ma to Reuters.Read More →
China’s regulators have been focusing already on cryptocurrency, the mining operation. Fintech expert Winston Wenyan Ma warns we can get more regulations from China’s government, especially on trading, he tells in The Street. The Street: Last month, the State Council’s Financial Stability and Development Committee said China would crack down on bitcoinRead More →
Fintech expert Winston Wenyan Ma joins a panel at the BSN base and explains how China’s economy moved from import/export to a focus on innovation. China missed the world’s first technological revolutions because of domestic turbulence and external influences but has become a leading force for the third technological data revolution.Read More →
China issued new regulations on mining and trading of cryptocurrencies over the past few weeks. Financial analyst Winston Wenyan Ma explains how this works out, and why China’s crackdown has such a big impact on the industry worldwide, at LCX. China now covers 70% of the global market.Read More →
The cryptocurrency market has been disrupted by interventions by China’s governments, but it certainly does not mean a full-blown ban on digital currencies, says financial analyst Winston Wenyan Ma, former managing director at China Investment Corporation (CIC), adjunct professor at NYU, and investor. The government is still defining the scope of digital currencies, and focuses on minging and trading, and is certainly no banning ownership, he says at Verify.Read More →
China is following the European Union’s GDPR in trying to regulate the unruly data industry, says Winston Ma, Winston Ma, adjunct professor at the New York University School of Law at CNBC. China’s internet companies based for years their business models on consumers’ lack of awareness of privacy, he adds, but those days are over.Read More →