China Launches Digital Yuan Industrial Park in Shenzhen
According to some estimates, around 5.6 million merchants now accept the digital currency as payment.
ClementAccording to some estimates, around 5.6 million merchants now accept the digital currency as payment.
ClementThe city has about 18 million residents in its prefecture-level area.
CointelegraphChina's advanced CBDC strategy sees digital yuan airdropped to thousands of people. Meanwhile, Binance Labs raised $500 million for a new Web3 fund.
CointelegraphThe move comes as part of a government effort-led to revitalize consumer spending as a zero-COVID policy has devastated the countries' economic hubs.
CointelegraphGuided by Shenzhen Science and Technology Association, Shenzhen Internet Industry Federation, and Futian District Federation of Industry and Commerce, hosted by Shenzhen Information Service Industry Blockchain Association, co-hosted by Tencent Cloud, Metaverse Innovation Center of Shenzhen Vocational and Technical College, and Hot Chain Culture Media , the second [Bay Area Metaverse Conference] specially supported by HUAWEI CLOUD will be officially held on June 10, 2022 in Shenzhen, the capital of technology and digital.
链向资讯EY is integrating its blockchain offering with Polygon to alleviate the high fees and network congestion its enterprise clients face when transacting on the ethereum mainnet.
CointelegraphA new report from EY highlights the need for policy changes by banks to overcome uncertainty related to digital assets.
Cointelegraph