“This week’s key crypto developments include less volatility for BTC and ETH compared to oil, Coinbase’s launch of bitcoin and ether futures trading, and the submission of paperwork for an Ethereum Strategy ETF by Valkyrie Funds. However, Binance Connect experienced a shutdown, illustrating user interface flaws. Also, Ledger facilitated crypto purchases with its PayPal integration, while PayPal launched its Cryptocurrency Hub.”
Search Results for: Sichuan
China’s Blockchain Conquest: Game-Changing Revolution or Opportunistic Strategy?
Sichuan, China, once a major crypto mining region, is redirecting its focus towards the metaverse industry, aiming to build a 250 billion yuan market by 2025. The scheme involves nurturing metaverse-related ventures, enhancing blockchain infrastructure, strengthening privacy safeguards, and fostering cross-chain control mechanisms. The government also encourages public feedback to ensure collective acceptance of its plans.