China Expands CBDC Tentacles, Malaysia Turns into Hong Kong’s New Crypto Rival: Asia Specific

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On July 4, China’s state-run Xinhua Information Company reported the next: transcript President Xi Jinping’s speech on the Shanghai Cooperation Group Summit (SCO). SCO is without doubt one of the world’s largest regional organizations for political, financial and safety cooperation, established by China and Russia in 2001.

In his speech, Xi welcomed Iran as a full member and praised Belarus’ transfer to hitch. He additionally spoke in regards to the significance of Central Financial institution Digital Currencies (CBDC):

Chinese language President Xi Jinping (CCTV) on the Shanghai Cooperation Summit
Multichain was one of many largest cross-chain protocols earlier than the beginning of the 2022 crypto bear market. (DeFi Rama)
Sport Doshi NFT picture (Twitter)

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