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🇨🇳 China wants to launch an analogue of Swift

- The Chinese national blockchain project Blockchain Service Network has launched an initiative aimed at ensuring the compatibility of stablecoins and CBDC.

- The goal is to allow businesses from different countries to "make transactions and settle in different regulated digital currencies."

- Deutsche Bank, Hongkong and Shanghai Banking Corporation (HSBC), Standard Chartered and Bank of East Asia, participated in a panel discussion with Red Date at the UDPN launch event.


#cbdc #bsn #china #stablecoin
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China reports progress in hacker crime crackdown

#China takes a stand against #hackers, solving over 2,400 cases in a tech-driven crime crackdown. From #AI manipulation to blockchain fraud, discover the evolving landscape of cyber threats

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