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China Telecom Invests 3B Yuan to Establish Quantum Technology Group in Anhui Province

China Telecom has noted that the establishment of a quantum tech hub is in line with President Xi Jinping’s long-term tech adoption. China Telecom Corp Ltd (Hong Kong: 728), a Chinese telecommunications company, has announced plans to venture into the supercomputer quantum industry to streamline its services. According to the company’s

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Philippine province taps blockchain technology, eyes tokenization

The provincial government of Bataan in the Philippines plans to enact the Community-Based Monitory System Act (CBMS) with blockchain technology, Governor Joet Garcia said in an interview with The Daily Forkast. “Through data sharing agreements and as well as getting the consent of our citizens on which information can be shared,

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Chinese Zhejiang Province Aims to Build a $28.7 Billion Metaverse Industry by 2025 – Metaverse Bitcoin News

Zhejiang, a coastal province of China, has presented a metaverse development plan that seeks to build a metaverse hub in its territory. The plan aims to entice the creation of a $28.7 billion metaverse industry and construct an ecosystem of several companies integrating this tech as part of its operations

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Argentine Province of San Luis to Issue Dollar-Pegged Stablecoin and Local Art NFTs – Regulation Bitcoin News

San Luis, a province of Argentina, has approved a bill allowing it to issue a blockchain-based, dollar-pegged stablecoin. The bill, which also approves the issuance of local artistic assets as NFTs (non-fungible tokens) seeks to enable the promotion of social development, and economic, cultural, and financial inclusion using blockchain. San Luis

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Argentinian Province Mendoza Starts Accepting Tax Payments in Crypto – News Bitcoin News

Mendoza, an Argentinian province, has implemented a system that allows taxpayers to pay their taxes fully with cryptocurrencies. The system, which was launched this week, is part of a strategic push for the modernization and digitalization of payments carried by the tax authority of Mendoza and uses the services of

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China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations – Mining Bitcoin News

The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises that continue to operate in the region. Hainan to Ensure Crypto Miners Pay More for Power The ongoing crackdown

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