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China Tech Buzz

Global News Impacting Chinese Tech

Russia Mulling Allowing Crypto for International Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game Blocks Users in China + More News

News Snapshot:

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Adoption news – Russia is considering allowing crypto to be used for international payments, Reuters [reported] , citing Russian news agency Interfax. The idea is being “actively discussed”, they quoted Ivan Chebeskov, head of the finance ministry’s financial policy department, as saying. – Finance giant [JPMorgan Chase] is using blockchain for collateral settlements, [per] Bloomberg. The bank’s first such transaction came on May 20 when two of its entities transferred the token representation of fellow giant BlackRock…

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