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Conflux Token Spikes 60% After Integrating China’s Version of Instagram

Conflux, the native token of the layer 1 Conflux blockchain, soared by 60.25% on Thursday after it announced it had integrated Little Red Book, China's version of Instagram. Conflux received a $5 million research grant from Shanghai's government in 2021. "The Hash" hosts discuss the cultural contexts, lack of clarity and changes in China's policy towards digital assets.

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US and Asia’s Approach to Crypto

While sentiment toward crypto may be souring among U.S. regulators and lawmakers, Asia is revising policies to welcome crypto. CoinDesk Executive Director of Global Content Emily Parker discusses the difference in the U.S. and Asia's approach to crypto regulation, citing the implosion of FTX and stablecoin legislations. Plus, what can be learned from regulatory frameworks in Singapore, Hong Kong and Japan. And, insights on FTX users in China.

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Pananalapi

Umakyat ng 60% ang Conflux Token habang Pinagsasama ng Blockchain ang Bersyon ng Instagram ng China

Magagawa na ngayon ng 200 milyong user na magpakita ng Conflux NFT sa kanilang mga pahina ng profile sa Little Red Book.

NFTs minted on Conflux can now be shown on China's Little Red Book (Little Red Book)

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Carbonbase CEO on the State of CBDC Use In China

Carbonbase CEO Max Song shares insights into how retail central bank digital currency (CBDC) is being used inside China, among other things, to incentivize green action. Plus, he discusses challenges of a government CBDC.

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Carbonbase CEO on Using Blockchain to Fight Climate Change

Carbonbase CEO Max Song discusses using blockchain to empower enterprises, individuals and communities to offset carbon emissions and create a more sustainable world. Plus, insights on China's potential pivot in the digital asset space.

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Patakaran

Inilunsad ng China ang Smart-Contract Functionality sa Digital Yuan Sa pamamagitan ng E-Commerce App na Meituan

Sa pamamagitan ng matalinong kontrata, maaaring WIN ang mga user ng bahagi ng pang-araw-araw na premyo na $1,312 para sa paggamit ng digital yuan.

(Eliza Gkritsi/CoinDesk)

Patakaran

Ang Digital Yuan ng China ay Ginamit Upang Bumili ng Mga Securities sa Unang pagkakataon: Ulat

Noong nakaraang linggo, nagdagdag din ang bansa ng function sa e-CNY payment app nito na nagpapahintulot sa mga user na magbayad offline.

(Eliza Gkritsi/CoinDesk)

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China Includes Digital Yuan in Cash Circulation Data

The People’s Bank of China included the country's digital currency in calculations of the amount of currency in circulation in December for the first time, with e-CNY representing 0.13% of cash and reserves held by the central bank. "The Hash" panel discusses what this means for the adoption of central bank digital currencies (CBDC).

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Patakaran

Sinasama ng China ang Digital Yuan sa Cash Circulation Data sa Unang pagkakataon

Ang digital yuan, e-CNY, ay kumakatawan sa 0.13% ng cash at mga reserbang hawak ng central bank.

(Moerschy/Pixabay)

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China Is Launching a State-Backed NFT Marketplace: Report

China is launching its first state-backed non-fungible token (NFT) marketplace, according to a report by the Chinese state media outlet China Daily. It's the latest sign of the country embracing a technology that has occupied a legal gray area. "The Hash" panel discusses China entering the NFT scene and what this means for the state of crypto.

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