Hong Kong brings bankers, crypto firms together
The regulators are hosting a meeting between crypto firms and the bankers to come up with a banking solution for crypto firms.
Insights on policy shifts, CBDC pilots, mining trends, and the broader impact on global crypto markets.
It also comes during a time in which the People's Bank of China (PBOC) has banned the use of other cryptos, such as Bitcoin and Ethereum.
The Chinese billionaire's crypto scheme was also known as "Himalaya Coin."
During the year, Chinese regulators received over 59,000 complaints about NFT-related scams and price manipulations.
WeChat Pay currently has over 1 billion monthly active users and allows for CBDC payments only on certain apps.
Sun said regulations are healthy for the crypto sphere and added that TRON is willing to cooperate with the lawmakers on a global level.
DWF Labs reportedly purchased $10 million worth of CFX tokens from the project's team.