Here’s how much digital yuan used at Olympics, according to PBoC
Foreign users tend to use hardware e-CNY wallets more at the Olympics, while domestic users mainly go for software wallets. Go to Source Powered by WPeMatico
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Crypto at the Olympics: NFT skis, Bitcoin bobsledders and CBDC controversy
Bitcoin and nonfungible tokens are all over the Olympics this year while China’s CBDC is there too amid a controversial rollout. Go to Source Powered by WPeMatico
China’s Metaverse plans: Decentralization not required
Experts claim that although China is unlikely to decriminalize crypto in the short term, NFTs and blockchain still have a place in the Communist nation’s Metaverse longer-term. Go to Source Powered by WPeMatico
Digital yuan transactions beat out Visa at Winter Olympics venue: report
Many of the National Stadium retailers allowing purchases with China’s CBDC were outside the Olympics’ quarantine bubble for athletes, journalists, and staff. Go to Source Powered by WPeMatico
UN approves NFT standards initiative led by Tencent
Chinese entertainment giant Tencent will be collaborating on the project with a number of others, including Alibaba subsidiary Ant Group. Go to Source Powered by WPeMatico
Game review: Olympic Games Jam Beijing 2022
The International Olympics Committee wants to connect with the Winter Games via blockchain, by trading NFT pins and playing a P2E mobile game. Go to Source Powered by WPeMatico
‘China’s crypto ban had little impact on Neo,’ says organization’s developers
It’s had a brutal fall from all-time highs, but the project still retains a market of $1.6 billion and has a dedicated community of developers. Go to Source Powered by WPeMatico
Law Decoded: Tangible wins, new menaces and the global crypto taxation drive, Feb. 1–7
Crypto advocates celebrate wins, the Treasury and SEC seek to introduce crypto-unfriendly rules, and governments rush to levy digital asset taxes. Go to Source Powered by WPeMatico
Nifty News: Olympic Games Beijing 2022 edition
The International Olympics Committee has been selling Olympic NFT pins in a lead up to their mobile game release, Team Great Britain offers an NFT-based fan engagement program and the “Chinese Banksy” protests against the Olympics Winter Games. Go to Source Powered by WPeMatico
US lawmakers issue warnings about digital yuan as Winter Olympics kicks off
“Do not accept any digital yuan,” said Minnesota Representative Tom Emmer in a tweet aimed at Team USA athletes competing in China. Go to Source Powered by WPeMatico