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  1. Published Social post

    Wu Blockchain (@WuBlockchain)

    Tether announced it will discontinue support for the offshore yuan stablecoin CNH₮: effective immediately, no new tokens will be issued; redemption support will end one year after the announcement, with a prior reminder. The decision was based on market conditions and limited demand, as CNH₮’s scale no longer justifies ongoing operational support. CNH₮ will remain redeemable under Tether’s terms until the deadline, and holders are advised to redeem promptly. https://tether.io/news/tether-updates-users-on-a-strategic-transition-for-cnht-to-better-support-community-driven-product-focus/

  2. Published Social post

    Wu Blockchain (@WuBlockchain)

    The Shanghai Taxation Bureau of China issued a document stating that personal income tax must be paid when buying and selling virtual currencies online. However, it is not clear here whether it is a traditional online game token or it also includes cryptocurrencies such as…

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