Over 540 arrested for online football gambling in China

(Source: China Daily) Over 540 suspects have been arrested for organizing online football gambling using bitcoin, with more than 10 billion yuan ($1.5 billion) of money involved, police in South China’s Guangdong province said Wednesday.

The suspects were associated with more than 20 gangs. Seventy mobile apps and websites, as well as 250 online chat groups were shut down. Servers, computers, cellphones and bank cards were also confiscated.

Police noticed an online gambling platform that accepted bitcoin in May and launched an investigation. The platform accumulated 330,000 members in eight months. Police arrested six key members in southwest, central and southern China, froze assets of over 5 million yuan, and confiscated virtual currency worth over 10 million yuan. Another 20 more gambling gangs have been busted during the World Cup.

Brian Su delivers presentation at Blockchain World Conference

 Brian Su, CEO of Artisan Business Group & Co-founder of Blockchain China Connect, delivered a presentation “Intro: Digital Generation and Wealth in China” at the Blockchain World Conference (BWC) in Atlantic City, NJ on July 13.   The presentation introduced the latest developments of blockchain industry and investment trends in blockchain technology and digital assets in China.  To obtain a free copy of the PPT outline, please email Mr. Su at info@BlockchainChinaConnect.com.

Artisan Business Team headed to China

Artisan Business Group team will be traveling to China this weekend for a one month long fact finding and business trip.  Multiple meetings and business events will be held in Beijing, Guiyang, Shanghai, Wenzhou and Shenzhen.  To learn more about business and investment market in China, contact us today.

China’s 5G to deliver 10 gigabit Internet speed

China’s world-leading 5G technology will bring users faster and better Internet service, People’s Daily reported on Thursday.

The 5G technology tests began in 2016.  Shanghai have started trial operations of the fast-speed Internet service which is expected to enter full commercial use in 2020. The country aims to speed up broadband coverage and bring down Internet rates. It’s clear that in 2018, China will accelerate its development of the 5G technological industry and integrate growth of 5G with its vertical industries so as to prepare for its large-scale application.

Limited time offers! Special LA conference package available for new ICOs

Many new ICO projects and startups have been asking if the US China blockchain and cryptocurrency conference in Los Angeles on August 22 would include ICO pitch session. The answer is YES! We welcome ICOs to participate in our Los Angles blockchain and cryptocurrency conference and promote their brand awareness. Outstanding startups will be given ” The 2018 US China Blockchain Innovation Award“.

For a limited time offer , the conference will offer a few hand-picked ICO projects a special promotional package which will include a display table, up to three conference registrations and a possible panelist spot!  

The special offer will expire on June 20, apply for your branding and promotional package now at info@blockchainchinaconnect.com

Elite guest to speak at LA blockchain crypto conference

We are very glad to introduce guest speaker Mr. Paul Dong from Dallas to speak at upcoming 2018 US China Blockchain and Digital Currency Conference in Los Angeles August 22, 2018.  The one day event is hosted by Blockchain China Connect and Artisan Business Group, Inc. , in partnership with FundingPost.com. It is the only Sino-US investment and funding focused business event for blockchain and cryptocurrency industry.  As Chinese government has recently banned ICOs and cryptocurrency trading platforms in China, more tech investors, blockchain startups and bitcoin mining companies are seeking alternative solutions overseas, the U.S. is one of the top considerations and destinations. Don’t miss out the opportunity!




Mr. Paul Dong is Founder of Series of Successive Enterprises, Founder of Chemmerce.com, who has won venture capital investment from Morgan Stanley, AsiaCommerce, etc.; Certified Commercial Property Investment Expert (CCIM), founded several companies in the United States, including Sunet Group, engaged in real estate investment , Overseas Asset Allocation, Overseas Real Estate Assets Operations Management. Provides complete real estate industry chain services, including real estate investment brokerage, development, leasing, property management, loans, property rights services, business coverage in California, Texas, and the Big 2 states.

To learn more about the blockchain and crypto conference in Los Angeles on August 22, please log on and register your seat at https://www.blockchainchinaconnect.com/

Top five destinations for Chinese blockchain ICOs

As China bans digital currencies and ICOs, Chinese investors and blockchain companies are seeking new destinations for their investments and operations.  The following destinations have much friendlier regulatory environment, investors are choosing them to start up their new businesses and raise capital by using blockchain technologies.

Based on recent reports on number of initial coin offering (ICO) activities, Singapore, Hong Kong, South Korea, Japan and the US are considered by Chinese blockchain companies the best places.

To learn more about blockchain business in China, join us in Los Angeles on August 22.

China releases white paper on blockchain technology

A complete industrial chain for the blockchain sector has emerged in China with hundreds of companies adopting the technology, according to an official white paper released on Sunday.

By the end of March 2018, there were 456 blockchain technology companies in the country, forming a complete industrial chain, including hardware manufacturing, platform services, security services, industrial technology application services, investment and financing, media and human resources services, according to the white paper released by the Ministry of Industry and Information Technology.

“The industry is developing rapidly with more and more entrepreneurs and capital entering the market,” the white paper noted. The year 2017 marked the peak of industry development with 178 new companies being established following the rapid popularization and maturation of the technology, it said. As a result, investors flocked into the market with nearly 100 equity stock investment deals in 2017, the most in recent years. In the first quarter of 2018, the number of equity investment deals reached 68.  Join us at 2018 US China Blockchain and Digital Currency Conference in Los Angeles August 22, 2018.

The white paper pointed out that the industry is still in a nascent stage. More projects are under way as rapid industrial expansion continues, said Yu Jianing, an author of the white paper. Yu expects industry development to reach a new peak in 2018.

Blockchain is a digital ledger system that uses sophisticated cryptographic techniques to create a permanent, unchangeable and transparent record of exchanges to trace each transaction. (Source: Xinhua)