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Bobby Kotick Is Stoking Chinese Fear To Champion The Microsoft Acquisition


In order to ease UK regulators’ reluctance to approve the Microsoft acquisition, Activision Blizzard CEO Bobby Kotick went on CNBC to make a case for the merger. His comments about the UK becoming “Death Valley” if the merger was not approved have earned him well-deserved ridicule. But maybe...

Chinese City of Suzhou Aims to Transact $297bn Worth of Digital Yuan in 2023


The city of Suzhou, in China, hopes its residents and local firms will transact a cumulative total of around $297 billion worth of the central bank’s digital yuan token this year. Per Shanghai Securities News, the city – one of the most populous and wealthiest in China – has unveiled a new plan...

Charlie Munger Urges US Government to Ban Crypto Like China Has Done


Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has urged the U.S. government to ban cryptocurrencies like China has done. “A cryptocurrency is not a currency, not a commodity, and not a security. Instead, it’s a gambling contract...

Changsha, China: 300,000 of Our Merchants Accept Digital Yuan


Over 300,000 stores and vendors in Changsha, China, now accept digital yuan payment – as the central bank digital currency continues to break new ground in the country.... Read More: Changsha, China: 300,000 of Our Merchants Accept Digital Yuan

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