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In a move seen as an attempt to pacify protesting bank clients, Chinese authorities in Henan province announced their latest repayment plan which sees customers with deposits ranging between $14,827…
Social media users have slammed China’s reported use of military tanks to intimidate bank customers protesting against the freezing of their savings. Some users claimed the deployment of military tanks…
The municipal government pledged to support the enterprises that are discovering the non-fungibles market.
China has expanded its central bank digital currency pilot program to include the payment of tax, stamp duty and social security.
Chinese tech colossus Tencent has continued its foray into the metaverse after filing a patent for virtual concerts, flying in the face of warnings from Chinese banks and regulators.
Bitcoin and nonfungible tokens are all over the Olympics this year while China’s CBDC is there too amid a controversial rollout.
Cryptocurrencies, including CBDC’s, have now become a part of the narrative on sanctions due to high adoption.
Huobi Group co-founder Du Jun intends to safeguard all crypto assets on Chinese accounts before permanently closing them down by Dec. 31, 2021.