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MYT - Urban Tea to accept crypto-currency at all stores and restaurants
Urban Tea Inc.
Urban Tea (MYT) trades 2.9% higher premarket after it announced acceptance of crypto-currency payment in all of its stores managed by 39 Pu Tea in China and all restaurants managed by Guokui Management in U.S., commencing this week.The company expects utilizing a new subsidiary in China to conduct R&D of blockchain-based software and applications and the commercialization of such application as well as cryptocurrency mining.