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shanghai

Tesla to build battery factory in Shanghai

The American company Tesla, led by Elon Musk, will build a new factory for energy storage batteries in Shanghai. It is estimated that the works begin in the third quarter of the year. Tesla has a first plant of megapacks, as it is called…

Shanghai lifts coronavirus restrictions

The Chinese city of Shanghai eased anticovid restrictions after two months of home confinement. As of midnight on Wednesday, most citizens of the economic center of the city can move freely, shopping malls open again and public transport…

China law recognizes crypto as protected property

The legal aspects related to the cryptocurrency market in China are bound to take a significant turn as a result of the ruling made by a higher court in that country that admits that Bitcoin is a property protected by law. The decree is…

Binance announces the launching of its OTC

In a media session at Shanghai blockchain Week, Binance's co-founder and marketing director He Yi said the platform provides opportunities to deposit in fiat currencies, including the Chinese one. After the banning of the Asian giant to…