US lawmakers push SEC to delist 25 Chinese firms including Alibaba, Baidu

US lawmakers push SEC to delist 25 Chinese firms including Alibaba, Baidu

On Friday, two Republican lawmakers — House China committee chair John Moolenaar and Senate ageing committee chair Rick Scott — are urging the US Securities and Exchange Commission (SEC) to delist 25 Chinese companies, including Alibaba Group. According to a Financial Times report, they argue that these firms’ alleged military ties endanger US national security … Read more

Bitcoin up as Cryptophiles vie to head regulators

Bitcoin up as Cryptophiles vie to head regulators

Bitcoin resumed a climb toward $100,000 on signs that crypto-friendly candidates will likely shape US financial rules under Donald Trump. The digital asset rose the most in more than two weeks on Wednesday to hit $97,361, before easing to $95,500 as of 5:45 a.m. Thursday in London. Crypto supporters emerged as leading candidates to run … Read more