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China Plans to Incorporate Blockchain in Attempt for Hainan to Overtake Hong Kong on International Trade

China Plans to Incorporate Blockchain in Attempt for Hainan to Overtake Hong Kong on International Trade

The Chinese government is planning to make the province of Hainan into a free trade port, focusing on facilitating free trade, investment, and cross-border capital flows. The plan encourages government institutions to use blockchain and other emerging technologies to improve government functions. The government’s plan has mentioned blockchain technology consistently, as it could have the potential to be used in social governance, as well as protecting data systems including intellectual property rights.

Bruno Le Maire Insists He Cannot Support Facebook’s Libra

Bruno Le Maire Insists He Cannot Support Facebook’s Libra

Since the social media giant, Facebook announced its plan to launch its digital currency known Libra, one critic has repeatedly made his opinion known. Bruno Le Maire cannot and will not support the stablecoin project.

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