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Chinese Local Gov’ts, Tech Firms Take Tentative Metaverse Steps

Chinese government-run firms and local governments are starting to explore metaverse-related innovations – although they are proceeding with due caution, given the fact that the nation last year enacted its most stringen...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Chinese Local Gov’ts, Tech Firms Take Tentative Metaverse Steps
 
Chinese government-run firms and local governments are starting to explore metaverse-related innovations – although they are proceeding with due caution, given the fact that the nation last year enacted its most stringent crypto crackdown to date.
With the rest of the tech world launching headfirst into the metaverse, Chinese players are now looking for a way to follow suit, albeit in a manner that will allow them to sidestep crypto....
Read More: Chinese Local Gov’ts, Tech Firms Take Tentative Metaverse Steps

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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