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This week, Tether co-founder Brock Pierce mentioned that China will inevitably open up again to cryptocurrencies, standing on the cusp of a crypto revolution. In an interview, he emphasized that economic factors and growing interest among Chinese citizens and businesses will drive this change. Pierc

China has started trial of digital yuan, also known as e-CNY. Some state employees are now getting their salary in e-CNY. But apparently something went wrong. According to a report by the South China Morning Post (SCMP) reviewed by Coindesk, most early users immediately transfer the digital yuan bal