As such, it has released new guidelines aimed at accelerating “blockchain, the metaverse, and digital yuan” in the municipality. Market participants in commodity trading, automotive and e-commerce ecosystems will be expected to explore and integrate blockchain and metaverse in their operations, per the new guidance.
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Shanghai Forges Ahead with Blockchain Applications
Despite a blanket ban on crypto in China, the Shanghai government continues to explore the benefits of blockchain. So reports Crypto.news.
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