China
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A-share closing: Shenzhen Blockchain 50 Index up 0.25%
According to the news, the A-share market closed at 3393.33 points, with the Shanghai Composite Index rising 0.23%, the Shenzhen Composite Index closing at 11860.4 points, with a c
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Alchemy Pay Responds to Fake Email Controversy: Chinese Users Not Affected
On April 13th, it was reported that a screenshot of a fake Alchemy Pay official email from an unknown source channel was circulating in the community recently, spreading the releva
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The Impact of Market Fluctuations on the Blockchain Sector
According to news, the A-share market closed at 3315.36 points on the Shanghai Composite Index, which fell 0.37%. The Shenzhen Composite Index closed at 11871.93 points, which fell
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As of the end of 2022, the stock of digital RMB has reached 13.61 billion yuan
According to reports, recent pilot projects for digital renminbi have continued to advance, including specific plans launched in multiple pilot areas such as Jiangsu, Shenzhen, and
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China’s People’s Bank Holds Video Conference on Currency, Gold, Silver, and Security Work for 2023
According to reports, on April 4, 2023, the People\’s Bank of China held a video conference on currency, gold, silver, and security work for 2023. The meeting emphasized that curren
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Trusted Blockchain Promotion Plan establishes a Data Trusted Circulation Project Team in China
According to reports, on March 29, the 11th plenary meeting of the Trusted Blockchain Promotion Plan (TBI) of the China Academy of Communications was held in Hangzhou. At the meeti
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The Rise of Digital RMB in Zhejiang Province: A Comprehensive Overview
According to reports, the Hangzhou Central Branch of the People\’s Bank of China disclosed on March 31 that up to now, the number of digital RMB wallets opened in Zhejiang Province
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The Rise of RMB as the Next Global Currency
According to reports, the head of the Hungarian Central Bank, Mao Torci Jierji, stated at the \”Financial Infrastructure and Financial Services in the Digital Era\” roundtable at the
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#BRICS Countries are Developing a New Currency: What You Need to Know
According to reports, Alexander Babakov, Vice President of the Russian Duma, revealed that the BRICS countries are committed to developing a new currency, and relevant countries ma
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MYEG Signs Cooperation Agreement with East Logistic-Link Co. Ltd. to Provide Cross-Border Trade Facilitation Services on the Zetrix Blockchain Platform
It is reported that MY E.G. Services Berhad (\”MYEG\”) has signed a cooperation agreement with East Logistic-Link Co. Ltd., a wholly-owned institution of the General Administration o
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Meitu Announces Impressive Financial Results in 2022
According to reports, on March 30, Meitu announced on the Hong Kong Stock Exchange that its revenue in 2022 would be 2.0853 billion yuan, a year-on-year increase of 25.2%; The net
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FTX Founder Refuses to Plead Guilty to New Criminal Charges
According to reports, FTX founder SBF has refused to plead guilty to new criminal charges in the United States, including conspiracy to violate campaign finance laws and bribery of
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Qian An Denies Links With China: A Close Look at Coin An’s Operations
According to reports, in its statement, Qian An denied reports from the Financial Times that it had links with China. A spokesperson for Coin On said that the company does not cond
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Cryptocurrency Market Shows Promising Signs of Growth
According to reports, Mike Novogratz, CEO of Galaxy Digital, said that the cryptocurrency market this year \”feels very strong\” because sellers are exhausted, restrictions in China
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A-share opening: Shenzhen Stock Exchange Blockchain 50 Index fell 0.19%
According to news, the A-share market opened with the Shanghai Composite Index at 3243.07 points, up 0.09%, the Shenzhen Composite Index at 11578.33 points, down 0.01%, and the She
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#The Importance of Blockchain and Distributed Accounting Technology Standard System
It is reported that the Ministry of Industry and Information Technology has publicly solicited opinions on the \”Guidelines for the Construction of Blockchain and Distributed Accoun
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Mu Changchun, Director of the Digital Research Institute of the People’s Bank of China: The digital RMB smart contract ecosystem should adhere to openness and open source
According to reports, Mu Changchun, director of the Digital Currency Research Institute of the People\’s Bank of China, has written an article titled \”Smart Contracts and Digital RM
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Promoting Emerging Industries: The Future of the Chinese Economy
On March 26, Zheng Zhajie, Director of the National Development and Reform Commission, stated at the 2023 annual meeting of the China Development Forum that we should actively cult
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Understanding the recent decline in the blockchain and digital currency sector
According to news, A-shares closed at 3234.91, down 0.48%, while the Shenzhen Composite Index closed at 11247.13, down 0.27%. The Shenzhen Blockchain 50 Index closed at 3164.83, do
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China’s Foresight in Technological Advancements
According to reports, the China Chief Economist Forum and the second Greater Bay Area Economic Summit were held today, with Nomura China Chief Economist Lu Ting attending and delivering a speech. Regarding how to avoid falling behind in the new round of technological revolution, Lu Ting said that in the past few decades, China’s reform and opening up happened to be the lead of the entire technological revolution represented by computers, the Internet, and the mobile Internet. It can be said that China has perfectly kept up with the pace of the world, and has thoroughly transformed the economic and commercial operation of the entire China through technology introduction. There is no doubt that one of the highlights of the next technological revolution is artificial intelligence, not so-called cryptocurrencies or the metauniverse. In this regard, due to the influence of computational power, being chased and blocked in technology, and being shielded in some aspects, it has caused considerable pressure on…
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Shanghai Pudong Development Bank May Take Over US Joint Venture Bank in China
According to reports, according to the South China Morning Post, citing people familiar with the matter, the joint venture of the United States Silicon Valley Bank in China, SPDB, may be taken over by Shanghai Pudong Development Bank (SPDB). Shanghai Pudong Development Bank may buy out its 50% equity, which is the “first choice” in a series of options. Another option is to allow another foreign investor to acquire SPD Silicon Valley Bank. Chinese regulators will soon find a solution for the joint venture. People familiar with the matter: Shanghai Pudong Development Bank will purchase 50% equity of SPD Silicon Valley Bank Analysis based on this information:According to recent reports, Shanghai Pudong Development Bank (SPDB) may purchase the 50% equity of the joint venture of the United States Silicon Valley Bank in China, SPDB. The information was accessed by the South China Morning Post, through people who are familiar with the matter. The news highlights the financial conglomerates’ strategy to…
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China’s Approach to Virtual Anthropomorphic Generation Content Management System
It is reported that according to the official account of the Chinese Academy of Information and Communications, facing the market trend of accelerated development and the accompanying risks and challenges, guiding the development of the technology industry with the principle of credibility has become the only way to promote the safe, controllable, sustainable and high-quality development of virtual people. Relying on the Virtual Reality and Meta Universe Industry Alliance (XRMA), led by the China Academy of Information and Communication, the chief editor of Shangtang Science and Technology, OPPO, Baidu, North China University of Technology, 263, VIVO, Virtual Moving Point, You-chain Times, and Soul APP, as the first batch of participants, jointly launched the development of the standard of “Technical Requirements for Credible Virtual Anthropomorphic Generation Content Management System”, which has passed the project approval review within the XRMA Alliance. (Securities Times) The development of the standard “Technical Requirements for Trusted Virtual Human Generated Content Management System” of the Virtual Reality…
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China continues to regulate the blockchain industry
It is reported that recently, according to the Administrative Regulations on Blockchain Information Services, the National Internet Information Office released…
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ChatGPT Technology Exploration and its Pragmatic Approach in China
According to reports, Zhou Hongyi, the founder of 360, said that at present, Chinese Internet companies are too pragmatic when exploring ChatGPT. They are more…
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Huang Licheng Decreases APE Position and Invests in Ethereum via Blur Binding Pool
On February 20, it was reported that Yu Yan, a Twitter user, said that Huang Licheng, a singer from Taiwan, China, China, began to reduce his position in APEs …
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China’s Blockchain Innovation and the Increasing Importance of Blockchain Infrastructure
According to the report, Liu Yunan, director of the National Information Center, said that at present, China\’s blockchain technology innovation continues to de…