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China Wants the Digital Yuan to Be Ubiquitous in Retail Payments Arena


China is pushing for universal national adoption of the digital yuan, with People’s Bank of China’s (PBOC) officials stating the currency should be available for all retail payment scenarios. The recent introduction of a standard for QR-based payment codes is part of this move, which...

Only 2 % of Russians Ready to Keep All Their Savings in Digital Ruble: Poll


While over half of Russians are willing to put some money into their nation’s digital ruble, only 2% say they would keep all their savings in it. Insufficient information and fear of system failures are among the biggest factors turning people away from the government-issued digital currency....

FTX Founder SBF to Pin Blame For FTX Collapse on Bad Legal Advice


Sam Bankman-Fried (SBF), the founder and former CEO of bankrupt cryptocurrency exchange FTX, is going to attempt to get off the hook by saying he was acting in “good faith” by following the advice of his former lawyers. SBF was charged by the US Department of Justice on numerous accounts of fraud...

Binance Users in China Traded $90 Billion of Crypto Assets in a Month, Report


Traders in China have reportedly exchanged $90 billion worth of cryptocurrencies on Binance despite a ban on their trading in the country. According to a report quoting internal figures and sources, the volume made the People’s Republic Binance’s biggest market. Binance Processed Monthly Crypto...

Thronefall Is The Perfect Strategy Game For People Who Don’t Have Time


I love the blocky, saturated aesthetic and minimalist presentation of Thronefall. Fortunately, it’s also really cleverly designed and fun to play, distilling the tower defense strategy formula down into its compelling essentials so you can experience why fans of the genre love it without feeling...

China’s Central Bank: Digital Yuan Transactions Reach $250 Billion


China’s central bank governor has revealed that transactions using the country’s central bank digital currency (CBDC) reached 1.8 trillion yuan ($250 billion) at the end of June. In addition, the People’s Bank of China (PBOC) official stated that digital yuan in circulation amounted...

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