China is billing its large cities as up-and-coming spots to host disputes through arbitration, but international interest is still lowAnalysts say a more developed system is needed to assuage concerns from global firms and catch up to venues like Singapore
As China works to sell itself as a viable destination for international firms to air their disputes through arbitration, more must be done for these efforts to meet with success, analysts and professionals say.
Starting from June 22, 2022, parties to international commercial arbitrations administered by the Hong Kong International Arbitration Centre (“HKIAC”) can apply directly to the China...
With China’s Ban, is Energy Waste an Existential Threat to Bitcoin? Some countries dislike Bitcoin as it threatens financial control. What if people start disliking it for other reasons?
Last updated on March 02, 2021
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As Chinese coal-rich province of Inner Mongolia bans Bitcoin mining, its eco-sustainability concerns make a comeback. People’s attitudes drive much of the markets, including Bitcoin. Will people accept Bitcoin’s need for energy, or will they compromise for an eco-friendly cryptocurrency alternative?
The exchange intends to launch its Chinese subsidiary dubbed Tabi no later than March.
Apart from China, DBX also seeks to branch out into other countries, including the US.
The Chinese government has approved a South Korean crypto exchange to operate in the country despite barring all local crypto trading services. A report unveiled this news on February 7, noting that DBX had become the first South Korean crypto exchange to establish a subsidiary dubbed Tabi in China. Reportedly, Chinese authorities granted the exchange a corporation establishment license.
According to the report, DBX got initial approval from the Chinese government on December 28, 2020. After this, the exchange received a certificate of incorporation on February 5, making things official.