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Escrow.com puts the brakes on Chinese buyers’ credit cards

Escrow.com has temporarily disabled credit card payments from Chinese buyers, due to high decline rates. The top domain payments facilitator announced that domain name buyers from China will have to use bank wire transfers, until the measure is reversed. Here is what Escrow.com announced: “We have noticed unusually high decline rates on credit cards from […]

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China declares ICO’s illegal

The Financial Times wrote an article today on China declaring ICO’s (Initial Coin Offerings) illegal. China has called for a halt to raising money via the ICO route. Focusing on the fraud aspects, regulators also stated that ICO’s had “thrown the social economy into disorder.” The article goes on to state that Chinese investors will […]

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Report suggests bright future for Chinese domain market

Kassey Lee examines data from a recent CNNIC report. If you invest in the Chinese domain market, you need to know CNNIC (China Internet Network Information Center) because it publishes a national survey report twice a year on China’s internet landscape. The latest report — the 40th — was published in July. You can download […]

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If you want to post online in China, you need to use your real name

Nikhil Sonnad published an article on QZ.com that China will now demand users give their real identity while commenting anywhere online. Certain services and websites have already had to require real identities from users, but now it seems it will be ubiquitous. From the article: “For users who have not given identifying information, platforms for […]

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Chinese domain market report : No more VPN access in China

The Chinese government wants its citizens to play nice, and refrain from using virtual private networks (VPN) to access forbidden content. VPNs allow the bypassing of China’s “Great Firewall” aimed at restricting access to overseas web sites. With that in mind, Apple was ordered to remove VPN apps from its store, and the 15th biggest […]

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.XYZ working to make domains available in China again

Domains haven’t been available at Chinese domain registrars since early May. Many Chinese domain name registrars stopped offering .xyz domain names back in May at the behest of China Ministry of Industry and Information Technology (MIIT). At the time, XYZ CEO Daniel Negari said “CentralNic is updating RNV providers to ensure there is stability in […]

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MMX says .vip renewals running at 75%

MMX has revealed that its renewal rate for first-month .vip registrations in China were over 75%. The portfolio gTLD registry, also known as Minds + Machines, said that 317,000 domains that were registered during .vip’s first month of availability have now been renewed. The news follows a June announcement that the renewal rate would be […]
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Verisign issues statement on .cc/.tv situation in China

Company has submitted applications but domains are not licensed for sale in China. Last week some registrars in China dropped support for .cc and .tv domain names, both of which are managed by registry company Verisign. This was part of a directive from the Chinese government to suspend sales of a number of domains that […]

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