China is embracing the adoption of its digital yuan, as seen in the record-breaking number of citizens piloting the CBDC, leading the PBoC to expand the trial to four more commercial hubs.
Authorities in Guangzhou cracked down on the mining farm, which consumed over 90,000 kWh but managed to remain hidden by operating in an EV charging station.
Authorities identified bank accounts belonging to digital currency OTC traders suspected of involvement in illegal money laundering activity.
The Guangdong Municipal Taxation Bureau announced its intents to implement an electronic invoice platform for the e-commerce industry based on the blockchain.
