Chinese startups could soon face more hurdles: on Sunday the cyberspace regulator said it’s considering expanding a requirement for a national security review of tech firms seeking to IPO overseas to also include Hong Kong. The proposed rules make clear that guidelines published in July in the wake of Didi Global’s listing in the U.S. could also include Hong Kong. When first announced, many...
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MoonPay CEO, Other Executives Cashed Out Before Crypto Business Dropped
In November 2021, just as crypto prices were hitting all-time highs, MoonPay—a crypto payments startup that celebrities including Jimmy Fallon and Paris Hilton had praised for its non-fungible token “concierge” service—announced it had completed its first ever outside fundraising: an eye-popping $555 million round at a $3.4 billion valuation from investors including...
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