Despite heavy government regulations and ongoing struggles with hardware sourcing, Tencent’s large language model has been released for business use in China.
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OpenChat implemented a new feature that allows admins to create groups within groups, similar to Discord’s channels within servers.
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Alibaba’s cloud computing service taps Meta’s artificial intelligence model Llama to power new software development.
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It appears certain individuals have developed an interest in purchasing listed tokens that no longer have market value or development activity.
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Chinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity.
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A MetaMask security analyst said the rumor was the “2023 adaptation of attempted market manipulation.”
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The policy also covers secondary NFT trading as the firm notes that “accounts that provide services or content related to the secondary transaction of digital collections shall also be dealt with.”
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Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China.
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Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China.
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The notion of China racing to launch a CBDC that will end U.S. monetary supremacy doesn't hold up if you look at the facts on the ground.
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Jing’an Culture and Tourism Bureau is issuing blockchain-based discount coupons using its WeChat mini-program.
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China’s central bank may be planning to use its digital currency to curb the dominance of Alibaba and Tencent in the digital payments sector.
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Chinese multinational tech group ByteDance is seeking a virtual banking license in Singapore as a means of entering digital finance.
22136 - Analysis
Crypto pundits believe that central bank digital currencies based on public-private partnerships could see the light of day much sooner, as many solutions under development use the approach.
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It’s designed to capture attention from high-profile people that others want to hear from.
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