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Chinese Banks Reject Russian Payments, Boosting Use Of Crypto

Chinese banks, once vital for processing Russian payments, are now rejecting these transactions due to concerns about secondary sanctions. This has led to.

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Crypto News

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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Crypto News

The Chinese official media is urging more people to use e-CNY

Economic Information Daily, a Xinhua News Agency affiliate publication, published an op-ed on Thursday outlining methods to accelerate the adoption of the digital.

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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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Crypto News

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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Crypto News

China is not threatened by the digital currency, according to the CEO of E-CNY

According to Mu Changchun, director-general of the People’s Bank of China Digital Currency Initiative, China does not expect the digital dollar to have.

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Crypto News

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.

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Crypto News

For Chinese New Year, there will be digital collectible gifts on the way

For the Chinese New Year holiday season, which begins on February 1, some mainland tech companies are releasing digital collectibles as a unique.

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Crypto News

Baidu’s metaverse welcomes a top Chinese university

After replicating its actual campus as a virtual university on Baidu’s XiRang platform. That’s, a prominent Chinese university has become the country’s first.

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Crypto News

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.

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