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Digital yuan law, rig maker Ebang pushes abroad: Blockheads · TechNode


The People’s Bank of China (PBOC) issued a draft regulation that updates its mandate for the age of fintech—and laid the foundations for the central bank’s digital currency. Cryptocurrency rig maker Ebang continues to expand abroad, looking to get into financial services. Authorities cracked down on a money-laundering scheme using Tether, while some government agencies showed, once again, that they are willing to use blockchain technology for governance.



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Written by Aakash Malu

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