China is tech adaptive nation, the place there’s a very large room for blockchain know-how & blockchain technology-based tasks like Metaverse & Web3 however there isn’t any room for cryptocurrencies. In 2021, China banned cryptocurrencies absolutely & additionally kicked out all the companies working their companies in favor of cryptocurrencies like miners & Mining {hardware} makers. Through the 2022 Phrase Synthetic Intelligence Convention, which was held in Shanghai, an instructional of the Chinese language Academy of Engineering, Zhang Ping, stated that there’s a want for stablecoin introduction within the nation, which also needs to be backed by the Central Financial...