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Chinese city implements plan for blockchain digital infrastructure system by 2025

The government in the Chinese city of Shanghai issued an implementation plan on July 31 for promoting the development of its urban blockchain digital infrastructure system in the time frame of 2023-2025, according to an update on the government’s webpage. The update says that the plans have been formulated in order

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What New York City Can Learn From Hong Kong in Regulating Crypto

Beijing’s restrictive policy, and the Hong Kong securities regulator’s lack of clarity, resulted in the loss of many entrepreneurs, high-skilled jobs, investors (with their billions of dollars of capital), exchanges and countless other active participants of the industry. From China, these people moved to Hong Kong, Singapore, Dubai, Silicon Valley

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Vienna Retains Its Crown as World’s Most Liveable City in 2023

The 2023 Liveability Index was measured using different metrics such as stability, healthcare, education, culture, environment, and infrastructure. The Austrian capital, Vienna, emerged again as the world’s most liveable city in 2023. With its captivating blend of rich culture, unparalleled infrastructure, and exceptional quality of life, Vienna has maintained this position

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Chinese city releases policy draft for metaverse industry development

On May 24, the Chinese city of Zhengzhou announced a series of policy proposals to support metaverse companies operating in the region. As part of the initiatives, the municipal government will establish a dedicated fund worth 10 billion yuan ($1.42 billion) to foster growth and development in the industry.Per the

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Chinese city launches gov’t-backed metaverse platform

On May 22, Nanjing, the capital city of China’s eastern Jiangsu province, inaugurated the Chinese Blockchain Technology and Application Innovation Platform to foster and advance metaverse research and development across the country.The newly established state-backed entity is led by the Nanjing University of Information Science and Technology (NUIST). As per

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