Fearing a government crackdown, China internet companies have removed NFT services
Because of a lack of regulatory clarity and a fear of government retaliation, China’s main social media platforms and internet behemoths have altered.
Crypto News
Crypto News
At China’s Two Sessions, the term “metaverse” enters the government’s radar
At Saturday’s Two Sessions, China’s most important series of political meetings, the country set a three-decade low GDP growth target of 5.5 percent.
Crypto News
How Can China’s Digital Yuan Assist Russia in Avoiding SWIFT Sanctions?
Following Russia’s attack on Ukraine last week, NATO allies have voted to apply sanctions that will prevent Russia from participating in the global.
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A New Threat To Crypto Markets From China-Taiwan?
With cryptocurrency markets plummeting as the Russia-Ukraine conflict worsens, traders have highlighted China and Taiwan as a new potential source of conflict. Reports.
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Locals and foreigners alike are not drawn to China Winter Olympic Digital Yuan
On Friday of last week, China launched its domestic digital yuan at the 2022 Beijing Winter Olympics, in an effort to demonstrate its.
Crypto News
China’s central bank is ramping up its search for digital currency experts
The Shenzhen Institute of Financial Technology, a division of the People’s Bank of China’s Digital Currency Institute, has posted 132 job openings, implying.
Crypto News
The Russian Central Bank is pressing for a broad ban on crypto-related operations
In a paper titled “Cryptocurrencies: Trends, Risks, and Measures,” the Russian Central Bank advocates for a blanket ban on all crypto operations. The.
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In 2022, Guangzhou will progress digital yuan and blockchain experiments
Guangdong Province’s Government Report for 2022 predicts that Guangzhou. That’s, the province’s capital, will become a digital yuan testbed and a blockchain innovation.
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Last year, digital yuan transactions increased to $11.24 billion
The figures are in: historical digital yuan transactions totaled 87.565 billion yuan (US$11.238 billion) as of the end of 2021. That’s, according to.
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Wuhan promises to create the metaverse in order to help the Covid economy recover
Wuhan, a significant city in central China where Covid-19 first appeared. Of course, it has announced plans to embrace the metaverse to help.