China’s Cheetah Mobile Inc. Launches Mobile Cryptocurrency Wallet Despite Beijing Ban

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Cheetah Mobile Releases SafeWallet Cryptocurrency Wallet (PRNewsfoto/Cheetah Mobile)

Cheetah Mobile Inc., a Beijing-based mobile internet company listed on the NYSE, has release a mobile cryptocurrency wallet app called SafeWallet. It’s the latest example of how Chinese companies are cashing in on the digital money boom, despite China’s ban on cryptocurrency trading and initial coin offerings (ICOs).

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