Wechat, the Chinese messaging app, has reportedly suspended accounts that are linked to non-fungible tokens (NFTs). The objective of the crackdown is to stop the
Read moreChina’s leading messaging app, WeChat to accept digital yuan settlements
WeChat Pay, the leading messaging platform in China, will start accepting digital yuan payments. This is expected to push the adoption of the e-CNY, given
Read moreSocial Media Giant Wechat to Support China’s CBDC, Platform Expected to Boost Adoption Rate
China’s social media giant, Wechat has said it will support the digital yuan in a move that is expected to increase the of Chinese residents
Read moreChina Censors Crypto-Themed Short Videos Shared Online
An industry organization controlled by the Chinese government has updated a list of topics users of video-sharing apps should avoid. Crypto-related content is now among
Read moreChinese banks tell staff to recruit up to 300 new digital yuan users each
Six of China’s top banks have tasked their employees with promoting digital yuan wallets to between 200 to 300 people a year.
Read moreShanghai to Hand Out $3 Million in Digital Yuan Lottery
As part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central bank-issued currency among
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