At Least 340 UK Crypto or Blockchain Companies Ceased Operations in 2018, Report Finds

At least 340 cryptocurrency or blockchain companies were dissolved or liquidated this year in the United Kingdom (UK), British news outlet Sky News reported on Dec. 22.

UK crypto companies in 2018. Source: SkyNews

The aforementioned article also reports that last year, the number of companies in this industry that had been liquidated amounted to 139,

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Chinese Fintech Incubation Zone Officially Begins Operations in Guangdong Province

The Chinese fintech incubation zone located in the Guangdong province has officially started its operations, Chinese news outlet Chinese Software Developer Network (CSDN) reports Dec. 21.

According to the article, the zone — which officially opened Dec. 20 — has a total area of 120 square kilometers and already hosts the headquarters of over 20 companies.

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