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China's central bank reaffirmed its stance on crypto, calling virtual currency activity illegal and saying stablecoins fail KYC and anti-money-laundering rules (Reuters)

Reuters : China's central bank reaffirmed its stance on crypto, calling virtual currency activity illegal and saying stablecoins fail...

18 January 2025

A profile of Charlwin Mao, founder of Xiaohongshu, or Little Red Book, who claims the name references the color of his university Stanford and ex-employer Bain (Financial Times)

Financial Times:
A profile of Charlwin Mao, founder of Xiaohongshu, or Little Red Book, who claims the name references the color of his university Stanford and ex-employer Bain  —  A sudden surge of US users on Xiaohongshu, also known as RedNote, could threaten China's Great Firewall

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