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China Drafts Law to Legalize Digital Yuan, Outlawing Competitors


China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...

US Congressman Wants to Outlaw Crypto, Cryptoverse Fires Back


Brad Sherman. Source: Twitter/@BradSherman US Congress Representative Brad Sherman once again making waves in the crypto world - he called for a bill yesterday which would “outlaw cryptocurrency purchases by Americans so that we nip this in the bud.” In a just 1:11-minute-long clip circulating...

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