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China's Guangzhou became the first city to launch a pilot function of a digital RMB payment code to pay for bus rides. (Read More)
In Hong Kong, the local financial regulator has issued a discussion paper to the public, asking for the public opinions about introducing domestic retail central bank digital currency. (Read More)
Bitcoin as a peer-to-peer financial system and its ideology of financial freedom make a stronger case than the claims of other cryptocurrencies.
Senator Pat Toomey, a senior member of the U.S. Senate Banking Committee, urges the Treasury and State Departments closely examine Beijing’s CBDC rollout during the Olympic Games. (Read More)
WeChat has become compatible with payments using the digital yuan ahead of the Beijing Winter Olympics, owner Tencent Holdings said. (Read More)
Macau is expected to be a testbed for China's digital yuan, also known as the e-CNY, as casino operators prepare to bid for new licenses in the city for the first time in two decades. (Read More)
China’s digital yuan wallet has witnessed its user base rise six times more just after the past four months to hit 140 million active accounts. (Read More)
Chinese authorities are reportedly mounting pressure on McDonald’s as well as other American firms to expand their acceptance of the e-CNY (Read More)
Gary Gensler, has cryptocurrencies in his crosshairs, as he takes aim at the crypto space.
Continue reading The Gensler Reaper VS. Robinhood. Crypto Next? at DailyCoin.com.
Binance intends to shut down all services in Singapore by noon September 10.
Continue reading Binance to Halt Singapore Products After Central Bank Warning at DailyCoin.com.
Takeaways Bloomberg all but promises Bitcoin to 100k and Eth to 5k Says Bitcoin will compliment the dollar as the “digital reserve asset” of the world Indicates decreasing supply and pullbacks point to mega-bulls in the near future Point to crypto as a paradigm shift and revolution in money and finance Usually, when the market […]
The post Bloomberg Says Bitcoin to 100k appeared first on CryptosRus.
The ease of trading digital assets and the excitement of investors are cited among the top reasons for investing, according to a CNBC survey.
Continue reading 10% of Americans Are Currently Investing in Cryptocurrencies at DailyCoin.com.
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