🚀 Attention cryptocurrency enthusiasts! At the Hangzhou Summit 2023, China unveiled a new data exchange powered by blockchain technology. More than 300 companies, including Alibaba Cloud and Huawei, participated in the exchange's debut.

🔗 The new Hangzhou Data Exchange will facilitate the trading of enterprise information technology data using distributed ledger technology. This ensures that exchanges are immutable and traceable!

💡 Despite the crackdown on private blockchain companies, China strongly supports government blockchain efforts. Even President Xi Jinping highlighted the importance of central bank digital currencies at the SCO 2023 conference.

📈 In 2022, Hangzhou's digital economy sector will exceed 500 billion yuan ($69 billion), accounting for nearly 27% of the city's GDP.

🤔 What do you think of these advances in blockchain and cryptocurrencies in China? Comment below and let's talk about it!