DEEPSEEK
Beijing's Chaoyang District to Invest RMB 100 Million Annually to Foster Web 3.0 Ecosystem
Starting this year, Beijing's Chaoyang District will invest at least RMB 100 million annually into the development and growth of the Web 3.0 industry ecosystem.
Beijing Launches Two-Year Metaverse Development Plan
Beijing has announced plans to accelerate the development of metaverse within all its corresponding districts.
U.S. Should Examine Chinese Digital Yuan Rollout during Winter Olympics: Senator Toomey
Senator Pat Toomey, a senior member of the U.S. Senate Banking Committee, urges the Treasury and State Departments closely examine Beijing’s CBDC rollout during the Olympic Games.
Huawei and Beijing Municipal Government Develop Blockchain-Based Data Directory System
Telecoms giant Huawei has joined hands with the Beijing Municipal Government to create a blockchain-powered directory system. It is aimed at addressing the headache of weak applications, scattered coordination, and data sharing in various departments.
Beijing Authorities Warns Institutions Not to Get Involved with Crypto
Beijing’s local authorities in China have issued a new risk warning on cryptocurrency trading activities. The Beijing Local Financial Supervision Administration, the Business Management Department of the People’s Bank of China, the Beijing Banking and Insurance Regulatory Bureau and the Beijing Securities Regulatory released further measures to ask firms not to engage in crypto businesses.
