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The digital yuan, according to a former Chinese central bank chief, is intended for retail transactions

Former Individuals’s Bank of China governor Zhou Xiaochuan stated in a speech on Saturday that the digital yuan is intended to focus on.

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Blockchain News

China’s Central Bank Expands the Number of Pilot Cities for the Digital Yuan

The People’s Bank of China (PBOC) said on Saturday that it is expanding the number of pilot cities where its central bank digital.

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Accounts linked to NFTs trading are being blocked by a Chinese social media giant, WeChat

According to Global Times, the Chinese official tabloid media connected with the People’s Daily, WeChat, the dominant mega app with over 1.2 billion.

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In China, more courts are accepting evidence stored on the blockchain

According to Chinese media, Sichuan and Inner Mongolia have recently announced their first cases involving blockchain-stored evidence. The Saihan District People’s Court in.

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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.

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Authorities in China have apprehended the alleged masterminds of an online virtual currency pyramid scheme.

According to a regional report from China, Chinese officials recently announced the arrest of ten people linked to an internet platform that they.

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MangoTV NFT, a Chinese video streaming service, sells out in seconds

On Monday, MangoTV, a Chinese video streaming platform with 50.4 million members, debuted its non-fungible token (NFT) marketplace, with the first batch of.

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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.

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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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