Blockheads: Dino-banks, DeFi, crypto capital flight

By Eliza Gkritsi

China’s dino-banks are starting to look more favorably upon blockchain. Huobi is charging towards blockchain-powered finance, and wants to help people save cryptocurrencies. A Chinese startup has sold its public blockchain solution to a provincial go…

Bytedance applies for financial licenses in Hong Kong

By Eliza Gkritsi

Amid escalations in the tech war, Bytedance has applied for five financial licenses in Hong Kong through its local subsidiary.

Why it matters: If approved, the licenses would allow Bytedance to sell securities and futures, trade foreign currency, a…