Sotheby's has already sold NFTs, the ubiquitous digital objects that are linked to pieces of art or other items, for millions of dollars over the past year

Applicants include Henan, Fujian and Heilongjiang provinces, and the cities of Guangzhou, Chongqing, Fuzhou and Xiamen, state-backed financial outlet Securities Times reported

The collaboration will enable R3 to offer its distributed ledger platform and confidential computing platforms to Hong Kong fintech start-ups

Official says city would continue to be gateway between the Mainland and international markets, as well as a bridge for international capital

But this is not just a game - he is earning cryptocurrency to support his family in suburban Manila during the coronavirus pandemic

The company said it would invest 500 million rupees ($6.6 million) in the centre and hire more than 100 engineers with expertise in blockchain

“We’re making significant investments ... that will pay off in the long term,” she said, referring to the metaverse, and signalling a short-term slowdown

Roughly 100 countries are looking at CBDCs, the IMF estimates, as it published a study looking at six nations where digital money is already in place

Cryptocurrency influencer Carl Runefelt says Bitcoin will hit $100,000 this year, and rise as high as $500,000 in 2023.

Industry says tax will dent crypto trading volumes and drive small traders towards informal person-to-person trading and decentralised exchanges

The market is booming, the most popular pieces can sell for millions, but outsiders may wonder why anyone would pay anything at all

Apart from the pilot zones, 164 entities, including hospitals, universities and companies, were chosen to deploy and test the technology