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DeFi, Web3, CBDC still unknown for most: Survey

A new survey by polling agency Morning Consult found that fewer than one-third of ordinary Americans have heard of decentralized finance, or DeFi, compared with 77% of crypto owners. Considering that about 87% or 290.9 million Americans had not yet owned crypto through 2021, according to Statista, awareness of decentralized finance among non-owners is limited […]

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US

Just-In: Architect of China’s CBDC Calls For More Web3 Development

Yao Qian, a key developer in China’s central bank digital currency (CBDC)  project, called on the Chinese government to increase the development of web3 technology. In an academic article, Qian said strengthening web3 research was important to China’s future internet infrastructure. Qian had led the People’s Bank of China’s digital currency initiative. He then served […]