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WeChat to Enter Cryptocurrency Game, Compete With Facebook, Telegram and WhatsApp?

WeChat to Enter Cryptocurrency Game, Compete With Facebook, Telegram and WhatsApp?

The People’s Bank of China (PBoC) has begun to talk about an officially sanctioned cryptocurrency. A couple of years ago, the PBoC initiated stringent measures against Bitcoin and cryptocurrency activities. The impact of this decision reverberated across the entire blockchain ecosystem. As a matter of fact, the share market size of China alone, based on …