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Posted on 22/11/2024

Judge in Shanghai Calls Cryptos ‘Commodities,’ But Cautions Against Speculation and Crime

Sun Jie, a judge in Shanghai, recently published an article addressing the legality of cryptocurrency issuance in China. Judge Sun described cryptocurrencies as commodities with attributes similar to ... ( read original story ...)

Posted on 22/11/2024

China’s first port-based used car export service center opens in Shanghai

The first batch of vehicles completes the process for inspection and registration at the Shanghai Haitong International Automotive Terminal on Nov 20. [Photo by Li Junfeng / chinadaily.com.cn] The used car export business is a relatively new yet rapidly ... ( read original story ...)

Posted on 22/11/2024

Robot Mutiny In Shanghai: AI Robot Erbai ‘Kidnaps’ 12 Others, Viral Video Stuns Social Media

A tiny AI robot named Erbai has stunned the internet by "kidnapping" 12 larger robots from a Shanghai showroom. The video of the encounter is now viral. ( read original story ...)

Posted on 22/11/2024

Shanghai Court Confirms Crypto’s Legal Status as Property in China

A Shanghai court has confirmed that crypto has a legal status in China as a property, setting a major precedent in the nation ( read original story ...)

Posted on 22/11/2024

Elon Musk Promises 40-Minute Flights from NYC To Shanghai – Will Prices Make It Accessible To All?

For now, Musk's promise of a 40-minute trip from New York to Shanghai remains an exciting glimpse into the future. But whether these flights will ever be accessible to all – or remain a luxury for the ... ( read original story ...)

Posted on 21/11/2024

Shanghai judge says cryptocurrency is a commodity, legal to own

A judge in the People’s Court of Songjiang District in Shanghai, China, has released an article on the court’s WeChat account about the legality of issuing virtual currency in China. She was ... ( read original story ...)

Posted on 21/11/2024

China’s Pony AI seeks up to $4.55 bln valuation in upsized US IPO

Pony AI said on Wednesday it was targeting a valuation of up to $4.55 billion in its upsized initial public offering in the United States, indicating strong demand for the Chinese robotaxi firm's long ... ( read original story ...)

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