China
December 29, 2023
Published by Victoria Kyle at December 29, 2023
China’s Supreme People’s Procuratorate has warned that using Tether as a medium of exchange between local and foreign currency is illegal. Chinese authorities are taking […]
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December 22, 2023
Published by Victoria Kyle at December 22, 2023
The General Administration of Press and Publication of China aims to restrict the scope of activities related to in-game tokens. The General Administration of Press […]
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October 13, 2023
Published by Victoria Kyle at October 13, 2023
The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan. On October 11, China […]
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September 26, 2023
Published by Victoria Kyle at September 26, 2023
The e-CNY app now allows tourists to top-up their wallets using Mastercard and Visa payments with a “recharge first and use later” option. Tourists who […]
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Published by Victoria Kyle at September 26, 2023
Chinese scientists are reportedly considering constructing massive facilities to manufacture the technology necessary to create AI semiconductor chips locally. China aims to construct factories for […]
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September 04, 2023
Published by Victoria Kyle at September 04, 2023
In the short term, e-commerce platforms can integrate the CBDC through QR codes. As China’s digital yuan, a central bank digital currency (CBDC), undergoes technological […]
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August 23, 2023
Published by Victoria Kyle at August 23, 2023
Xiao Yi was accused of abuse of power and corruption in operating a $329 million Bitcoin mining enterprise. China’s uncompromising stance on illicit cryptocurrency operations […]
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August 21, 2023
Published by Victoria Kyle at August 21, 2023
Proposals to a United Nations group reportedly show China wants digital IDs and real-world punishments for actions that occur in the Metaverse. According to a […]
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July 20, 2023
Published by Victoria Kyle at July 20, 2023
While the adoption and use cases of China’s central bank digital currency are expanding, the digital yuan still only represents 0.16% of China’s monetary supply. […]
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