Conflux is a public blockchain originating from the research laboratory of Dr. Yaog Qiuzhi at Tsinghua University, headquartered in Beijing, with operations extending to Toronto, Canada, and Lagos, Nigeria, aiming to connect Asian and Western communities and economies.

Its native token CFX is used to reward miners and pay transaction fees.

The acceleration of the internationalization process of the Chinese yuan brings significant benefits to the CFX token. The higher-ups will approve new plans, with Hong Kong and Shanghai facilitating the implementation, and the Tianjin summit will also discuss related matters.

In the context of the internationalization of the yuan, CFX is expected to expand due to application scenarios such as cross-border payments, leading to a significant increase in demand and a rise in token prices. However, the cryptocurrency market is volatile; although the prospects are bright, factors such as regulation and competition may also pose challenges, and its development dynamics still require continuous attention.

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