State-backed Crypto Mining Farm under Construction in Russia’s Buryatia – Mining Bitcoin News

A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is alr...

Indonesia Set to Become Asia’s Crypto Capital With State-backed Crypto Exchange ⋆ ZyCrypto

Advertisement &nbsp &nbsp Indonesia, the world’s fifth most-populated nation, is set to launch a state-backed crypto stock exchange by the end of Q2 2023. The nation, which be...

China to Roll Out State-Backed Exchange for Digital Collectibles

The “China Digital Asset Trading Platform,” the country’s first digital collectibles marketplace, is set to be unveiled on January 1, 2023, with an official ceremony celebrating the ...

Russian lawmakers looking to establish state-backed crypto exchange

Russian lawmakers are working on a draft amendment bill enabling the country to launch a national crypto exchange, local media Vedomosti reported on Nov. 23. An unnamed participant in the discussions ...

China’s State-Backed Open-Source Blockchain Enlists Hong Kong’s HSBC, Emperor Group

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China gives green light to state-backed blockchain company as it expands abroad

The BSN (Blockchain-based Service Network), with links to the Chinese government, is planning to expand internationally and will make its product open-sourced so that potential users can inspect the c...

Renault Sells Russia Business to State-Backed Entity for One Ruble

PARIS—French auto maker Renault SA has reached a deal to cede its 68% stake in Russia’s biggest car maker to a state-backed entity for one ruble and a six-year option to buy back its shares, according...

Twitter Will Label Tweets Linking To Russian State-Backed Media Like RT And Sputnik

Topline Twitter announced Monday it will label and limit the reach of tweets linking to Russian state-affiliated news sources, hours after the European Union said it would ban Russian state-funded out...

Indian Digital Rupee to be Held in State-Backed Wallet

The anticipated digital rupee that will be issued by the Reserve Bank Of India will not be held in private wallets, but will expose all transactions to government scrutiny. The Indian government will ...

China to Launch State-Backed, Crypto-Less NFT Platform

China’s state-upheld Blockchain Services Network is getting ready for NFT-like computerized collectiblesChina will keep a close eye on digital collectiblesThe organization will purportedly be incongru...

China preps infrastructure for state-backed NFTs

Crypto’s enemy number one, China, is preparing to roll out its own state-backed blockchain infrastructure to support the deployment of NFT-like collectibles, South China Morning Post reported. The inf...

China to Launch State-Backed, Crypto-Less NFT Platform—Here’s Why It Matters

In brief China’s state-backed Blockchain Services Network is preparing infrastructure for NFT-like digital collectibles. The network will reportedly be incompatible with external NFTs and will not acc...

China: What to know about state-backed BSN’s efforts to create ‘Chinese NFT’ industry

The NFT craze has come to China, but one can hardly see any trace of crypto in it. Over the last few months, Chinese social media and gaming giant Tencent has built an NFT purchase and collection app....