CRYPTOCURRENCY
Messari in Talks for New Funding Round That Could Raise Valuation to $300M
Blockchain data analytics startup, Messari is reportedly in talks with investors to pull new funding that can push its market valuation to $300 million.
China's Hainan Province Cautions Citizens Against Illegal Crypto Trading
China's Hainan Province has banned illegal crypto offerings, upholding the country's early ban on digital currency-related activities.
Chinese Province Eyes Blockchain-Powered Points Reward System to Boost Tourism
Hainan, a southern island province of China, is developing a blockchain-enabled points reward program aimed at promoting tourism in the region.
China Plans to Incorporate Blockchain in Attempt for Hainan to Overtake Hong Kong on International Trade
The Chinese government is planning to make the province of Hainan into a free trade port, focusing on facilitating free trade, investment, and cross-border capital flows. The plan encourages government institutions to use blockchain and other emerging technologies to improve government functions. The government’s plan has mentioned blockchain technology consistently, as it could have the potential to be used in social governance, as well as protecting data systems including intellectual property rights.