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In an industry first, a physical exhibition for digital art in the form of non-fungible tokens (NFT) is set to launch in China, showcasing notable works from leading artists in the NFT space and the winning entries from a global digital artwork competition. Initiative Designed to Forge Greater Connections Between the Physical and Digital Art … Read more
Following the interview with Ma Changchun, the head of the People’s Bank of China-run Digital Currency Research Institute, a recent report indicates that residents from Beijing and Shanghai can now apply for a digital yuan wallet. According to the report, six different Chinese banks will participate in the process. Beijing and Shanghai Residents Can Apply … Read more
Soros Fund Management’s CIO said that Bitcoin is no longer out on the fringes, thanks to the debasement of the U.S. dollar over the past year. Go to Source Powered by WPeMatico
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China. Go to Source Powered by WPeMatico
Digital RMB testing for cross border payments and electric vehicles continues, sentiment takes a dive and blockchain events return to meatspace. Go to Source Powered by WPeMatico
The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs. Go to Source Powered by WPeMatico
NFT mania is reaching Asia as one of the region’s most popular social media influencers is set to tokenize a series of videos. Go to Source Powered by WPeMatico
A Shenzhen-listed information and communications technology (ICT) company ZJBC has plans to invest in the bitcoin mining sector according to a recent announcement. ZJBC says that it aims to spend up to $155 million on Microbt manufactured ASIC mining rigs. Chinese ICT Firm ZJBC to Invest $155 Million Into Microbt Hardware A well known firm … Read more
The Belarusian president held a meeting over the week where he mentioned cryptocurrencies within the context of regulating the IT industry. Alexander Lukashenko hinted at tightening the regulatory framework to control crypto usage in Belarus. Lukashenko Seeks to Create a Unified Governmental Regulatory Body According to news agency Belta, Lukashenko met with senior government officials … Read more
Chinese tech company Meitu has dropped another $50 million on ETh and BTC, taking its total holdings up to $90 million. Go to Source Powered by WPeMatico