Blockchain News

China is teasing the launch of its digital yuan again, riding a wave of adoption with just weeks to go until the Winter Olympics in Beijing – the event the government hopes will finally allow the central People’s Bank of China (PBoC) to showcase its coin to the world.

An affiliate of the Japanese crypto player and securities giant Monex Group is set to make use of a new blockchain technology-based platform as part of an ambitious genome research project.

China will allow overseas visitors from around the world to use its digital yuan for the first time at next month’s Winter Olympics, the central People’s Bank of China (PBoC) has confirmed.

Seoul says that it will become the first local government in South Korea to launch a metaverse public service platform.

The electronics giant Samsung’s latest flagship smartphone will have a new wallet function that will allow users to store digital documents – and, reportedly, crypto.

The man who will become Meta’s chief technology officer in 2022 reportedly wants the firm (formerly known as Facebook) to “target a deep compatibility with the blockchain” – and has talked up the possibility of exploring decentralized autonomous organizations (DAO) and non-fungible token (NFT)-related business avenues.

Chinese companies are still topping the blockchain patents charts – despite Beijing’s recent crackdown on crypto and some of the nation’s biggest tech firms.

Banque de France disclosed the results of its experimental program to use CBDC to exchange and settle tokenised government bonds.

Facebook’s parent company Meta has recently been granted a range of new patents in the US which reveals new details about its plans for building out technologies for the metaverse.

The first quarter of 2022 is about to end with possibly the largest crypto theft ever, as the gaming-focused Ronin bridge, which connects blockchains, has been exploited to the tune of more than USD 600m.