China declares initial coin offerings illegal: China’s central bank said initial coin offerings are illegal and asked all related fundraising activity to be halted immediately. – Business – MyBroadband – Trusted in Tech

EU wants rules to protect technology from foreign takeovers: Regulators are drafting rules to protect European firms with “key technologies” from foreign takeovers – Business – MyBroadband – Trusted in Tech

Sequoia and IDG invest in the world’s largest Bitcoin mining company: Sequoia Capital and IDG Capital are investing in Beijing-based Bitmain Technologies Ltd., the world’s largest bitcoin mining organization, according to people familiar with the matter. – Business – MyBroadband – Trusted in Tech

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Author: Business News