The Chizhou police arrested eight people from different provinces in December and froze assets worth millions.
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China’s central bank releases pilot version of digital yuan wallet
The “e-CNY (Pilot Version)” app was made available for download in the Chinese Android and Apple app stores on Tuesday.
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Chinese companies embark on a metaverse trademark race
Despite the Chinese central bank’s proposal to monitor the Metaverse and NFTs, companies such as Tencent and Huawei are pursuing metaverse-related trademarks.
Read moreThe People’s Bank Of China’s Report On Blockchain Tech And Their Upcoming CBDC
Apparently, the People’s Bank Of China is considering using blockchain technology to power the Digital Yuan CBDC. The coin, also known as Digital renminbi or
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Chinese crypto ban poses no threat to local industry media, sources say
Chinese crypto media are reportedly keeping a low profile on their websites and are focusing on growing communities on Twitter and Telegram.
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Crypto’s impact on sanctions: Are regulators’ concerns justified?
Cryptocurrencies, including CBDC’s, have now become a part of the narrative on sanctions due to high adoption.
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