Kingsoft said in a stock exchange announcement that a proposed spin-off could better reflect the value of Kingsoft Cloud and increase its operational and financial transparency. Photo: Weibo
Chinese firm Kingsoft’s cloud unit hopes blockchain business will benefit from launch of China’s sovereign digital currency
- Executive says use of blockchain in business-to-business payments could support the PBOC’s digital currency
- China’s central bank last year said it was ready to launch its own digital sovereign currency
Topic |
Blockchain
Kingsoft said in a stock exchange announcement that a proposed spin-off could better reflect the value of Kingsoft Cloud and increase its operational and financial transparency. Photo: Weibo