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China
Beijing’s new Web3 white paper seeks to foster industry innovation
Beijing’s white paper divides Web3 into four distinct areas: the infrastructure, interactive terminal, platform tool, and application layers.
China’s Nanjing launches metaverse platform to advance research and development
Former Vice Minister of Science and Technology Wu Zhong-ze claimed that Nanjing's metaverse platform would contribute to standards and guidelines...
China expands digital yuan pilot for SME loans to trigger widespread usage
Banking officials state that relying on CBDCs for SME loans can ensure "the authenticity and credibility of the closed-loop circulation...
China: Residents warned vs investing in NFTs amid rising interest
Non-fungible tokens are subject to illicit vices like unauthorized fundraising, scams, and price manipulations that put investors at risk, according...
Fuzhou lures Web3 firms with incentives to set up shop in the city
After baring its metaverse ambitions, China is now focusing on fortifying its Web3 ecosystem, with Fuzhou leading the way by...
China moves ahead with national blockchain center launch to broaden talent pool
The director of the new National Blockchain Technology Innovation Center remarked that the institute would equip up to 500,000 specialists...
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