Thursday, March 28, 2024
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Chinese Messaging App Wechat Reportedly Suspends Accounts Linked to NFTs – Metaverse Bitcoin News

Wechat, the Chinese messaging app, has reportedly suspended accounts that are linked to non-fungible tokens (NFTs). The objective of the crackdown is to stop the use of the affected accounts in promoting NFTs. The Widening Crackdown on Digital Assets The Chinese messaging app Wechat recently acknowledged it had suspended some accounts

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Social Media Giant Wechat to Support China’s CBDC, Platform Expected to Boost Adoption Rate – Fintech Bitcoin News

China’s social media giant, Wechat has said it will support the digital yuan in a move that is expected to increase the of Chinese residents that use the central bank’s digital currency (CBDC). Wechat’s support of the digital yuan potentially avails the digital currency to the social media’s 800 million

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