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china web3

14
Jan

Parsing the GBA Capital US$10 billion Web3 fund

In late December, the Chinese venture capital fund Greater Bay Area (GBA) Capital announced that it would set up a US$10 billion Web3 fund – the largest such initiative we know of in China. Unsurprisingly, this fund was established with considerations beyond actual market demand. Because GBA Capital, which is…
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6
Jun

China pushes forward with its unique vision for Web3

The release of a white paper by the Beijing municipal government about Web3 offers a good opportunity to revisit China’s progress in this emerging area of digital finance. According to Chinese media reports, the white paper emphasizes Beijing’s intention to enhance policy support and expedite technological advancements to foster the…
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26
Jan

China is developing a Web3 ecosystem of its own

The Chinese government views cryptocurrency as a serious systemic financial risk and has taken strong measures to minimize its usage in the world’s second largest economy. Though China retains a thriving underground crypto ecosystem, Beijing’s different bans on digital assets ensure that the average Chinese citizen will not be exposed…
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Established in 2007, Kapronasia, an Atlas Technologies Group Company, is a leading consulting and market research firm specializing in fintech, banking, payments, and capital markets. Our services aim to equip clients across the region with the necessary insights to capitalize on their most valuable opportunities and maintain a competitive edge in the market.

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