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China goes full speed ahead with Shanghai hyperloop plan by 2035

China is taking futuristic transportation to a new level as the first country to unveil a construction program for a hyperloop system. * The ambitious project aims to create a vacuum-tube maglev system capable of reaching up to 1,000 km/h, slashing travel times between Shanghai and Hangzhou. Zoom In:...

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China declares all crypto-currency transactions illegal

In a shocking move, the People’s Bank of China (PBOC) declared all cryptocurrency-related activities illegal in the country. In a Q&A published on their website, the PBOC announced that all services offering crypto trading, order matching, or derivatives are prohibited. The announcement means that overseas cryptocurrency exchanges can...

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