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2024-05-10

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Source: amazing studio/AdobeChinese officials say uptake for the digital yuan is rising among overseas visitors – while more citizens are receiving their salaries in CBDC wallets.Per the Hangzhou Daily, state-run banks in the Hangzhou Asian Games Village “welcomed delegations [athletes and coaches]” from across Asia at special digital yuan “demonstration” booths.The overseas “delegations” were shown how to use the digital yuan to “make purchases” at various stores in and around the Asian Games Village.Athletes and others were able to “experience the safety and convenience” of the coin “first-hand” at the games, which concluded on October 8.The event was the first major international showcase for the coin.And China marked the event by releasing a slew of new CBDC features aimed at foreign visitors.These include an English-language version of the central bank’s digital yuan app and a link to Hong Kong’s FPS payment platform.An excerpt from the Chinese central bank’s CBDC usage guide for foreign travelers. (Source: PBoC/Yicai/Screenshot)State-run banks, meanwhile, have begun promoting the coin to international students at Chinese universities.Per Xinhua (via the China Economic Daily), visitors to China can now “register and open a digital yuan wallet with an overseas mobile phone number.”They can also top up their wallets with overseas Visa and MasterCard bank cards.And non-Chinese residents can also use QR codes from Alipay and UnionPay to make payments in Mainland China “through some overseas wallets.”An Industrial and Commercial Bank of China spokesperson said:“Previously, foreigners coming to China could only ‘pay-as-they-go’ when using digital yuan wallets. But new functions let them ‘top up first, and use later.’ This will make the payment process shorter and make for simpler and more friction-free transactions.”But it appears that the CBDC is not the only Chinese payment system to have benefited from the games.The same media outlet quoted Alipay data as showing that “since the start of the Asian Games, the average number of daily payments made by inbound tourists on Alipay increased by 69%.”Dong Ximiao, the Chief Researcher at the China Merchants Union, stated:“Convenient and novel forms of cross-border payment can optimize the payment experience for overseas tourists coming to China. This will further drive the Chinese retail market.”A Weibo user shares a promotional image explaining how JD.com users can receive CBDC-related discounts. (Source: (年少轻狂最情深661/Weibo)Overseas Visitors’ Digital Yuan ‘Uptake Rising’ – and More Chinese Now Paid in CBDCMeanwhile, more Chinese state-operated firms are now paying their staff in digital yuan tokens.Last month, the state-run bureau that runs financial operations at the Zhongkai High-tech Industrial Development Zone in Huizhou, Guangdong Province, said it would begin paying its staff using the CBDC.And the Huizhou Daily reported that the bureau has now successfully carried out its plan.The media outlet reported that the bureau “paid digital yuan wages to 1,211 [Community Party-appointed officials] and employees in 25 district-level agencies and public institutions.”The move marks the first time workers in the province have received the entirety of their salaries in CBDC tokens.City officials claimed that 649,000 personal digital yuan wallets have been opened in Huizhou thus far.Some 55,000 corporate wallets have also been opened in the city.Earlier this year, the city of Changshu, in Jiangsu Province, said that “all public officials and employees of state-owned enterprises” would be paid in digital yuan starting in May 2023.Biggest Crypto Gainers Today on DEXTools – VS, OPOE, QLINDO Aside from Fortnite, which boasts some 400 million registered users, Epic Games also runs the Unreal Engine. The video game development suite powers titles like God of War and PlayerUnknown’s Battlegrounds. Bitcoin price today, BTC to USD live price, marketcap and ...Cartesi (CTSI) Price Attempts Breakout However, AntPool has suddenly increased its hashrate power in the last few days, surpassing Foundry USA in the block discovery to become the new leading pool in the Bitcoin mining race. AntPool has kept its second place, closely following the leader for all this time, mining 26,436 blocks (16.59%) in three years.

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Users can create avatars, socialize with others, engage in commercial activities, and even build and own virtual assets within the metaverse. It's a place where the physical and digital worlds merge, providing limitless opportunities for entertainment, education, and business. Limitations of blockchain web hosts What will Ethereum be worth in 2025?CloneX is an NFT project that imbibes blockchain validation, augmented reality, and other emerging technologies to create digital artifacts that could transmit human consciousness to sophisticated clone forms. CloneX is based on the Ethereum blockchain and had an estimated market cap of 23,014 ETH, with a floor price of 1.112 ETH at the time of writing. Singapore Approves Coinbase for Cryptocurrency Payment Solutions; Bitcoin and VC Spectra Attracting Investors

Related: Crypto adoption in Cyprus beefed up by Bybit license approval Block Time Binance joins list of unauthorized companies operating in MalaysiaLater in the thread, another veiled shot at critics. "It's especially galling because some competitors have internal trading desks that are an (open) secret, which specifically use confidential customer information to manipulate their own markets," Bankman-Fried wrote. Meanwhile, Tether said last month that it has resumed lending out USDT to customers.Cardano (ADA) Regains Top Spot in Development Activity, According to Crypto Analytics Firm Santiment

This app is not for beginners. It requires some technical expertise to install and use all of its modules properly. When it is running, the app scans multiple dating platforms, hiding behind anonymization techniques and interacting with unsuspecting users across various channels. Most recently, it was upgraded with AI to be even more effective at creating the perfect profile to attract matches—and lure people into scams. “The chasing party has to put much more effort than the mixing party. In two years or five years it may be tracked anyway, but the purpose of the perpetrator is to win time,” Data concluded.HTX Returned $8 Mln Of Stolen Funds And Paid The Hacker A Bounty Of 250 ETH India's Own 'Digital Rupee' Will Be Launched In NovemberThe origin of the tokens funneled through “0x409F8C…07D04123” can be traced back to the Deployer, deepening the mystery surrounding this exit scam. Blockchain has housed many cutting-edge technologies, such as smart contracts. Smart Contracts and their utility have evolved over the years and are mainly used to create crypto. However, the roots of smart contracts come from further than that.


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