China’s Fintech Sandbox, Blockchain Partnership and Ant Financial Delays IPO

This weeks WeiyangX Fintech Review on Crowdfund Insider covered the PBoC discussing key findings in their fintech sandbox program; Pinganfang.com found itself involved in a US crowdfunding fraud case; JD Finance and China UnionPay partnered on a blockchain based risk information sharing mechanism; Alibaba executive chairman Jack Ma announced that Ant Financial will delay their IPO; Tencent reached an agreement with China CITIC Bank to cooperate on cloud services, a financial big data platform and security. Source.