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Crypto Regulation

Bank of China Inner Mongolia issues first ‘Computing Token Loan’

Bank of China’s Inner Mongolia branch has issued the region’s first ‘Computing Token Loan’ to enterprises in Horinger New Area, replacing collateral-based credit with assessments of token usage scale, computing cooperation orders, core tech qualifications, and R&D capability. The loan aims to support the token economy, as Hohhot’s computing power industry reaches 150,000 P, including 146,000 P of intelligent computing.

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