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Wuhan removes NFTs from metaverse plans amid regulatory trouble in China
The revised document revealed that Wuhan harbors ambitious plans to build at least two metaverse industrial estates before 2025.
China’s digital yuan wins big in cross-border pilot but potential pitfalls threaten efforts
China's adoption rates of its digital yuan have soared since its introduction, but privacy concerns and a gloomy economic outlook...
Hong Kong moving in different direction toward digital assets from mainland China
Hong Kong is moving closer to its goal of becoming an international virtual assets center as it opens its gates...
Macau advances digital currency acceptance, but will casinos accept?
Macau is eyeing 'currency in digital format' as legal tender as digital payment adoption rises, and while merchants are expected...
China’s Tianjin province hikes electricity rates to root out miners
Tianjin is now the eighth province to hike the rates specifically targeting the miners, but they all insist it’s a...
China’s digital yuan crosses $14B mark, becomes most adopted CBDC globally
Amid privacy concerns, there has been a strong adoption of China's digital yuan, with transactions using the virtual currency exceeding...
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