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Gold is Having Its Month While Bitcoin is Stuck in a 'Digital Copper' Phase


As bitcoin (BTC) crashed from its all-time high, gold is seeing a rally, with traditional investors returning to this metal and away from BTC - which, a banker claims, is now more similar to copper than gold. At 7:16 UTC, the price of gold is up by almost 7% in the past 30 days. It's trading...

Beijing Readies USD 6.2m Digital Yuan Trial Amid Claims Main Rival Is Bitcoin


China’s digital yuan project appears to be entering the final stages of its pilot, with yet another giveaway planned – this time in the nation’s capital Beijing. Like previous giveaways in cities like Shenzhen and Chengdu, the tokens will be distributed in a lottery – with a fortunate few residents...

Dental Clinic in Ontario to Accept Cryptocurrency for Its Services


Southdown Dental, a clinic in Mississauga, Ontario, is introducing a new payment option. Patients will soon be able to pay with cryptocurrency for its services. The dental clinic says it will take digital money for any procedure, from regular checkups to children’s braces. Canadian Dental...

Popular Bitcoin ETP set to debut in UK


BTCE will begin trading on the Aquis Exchange in London and Paris next week. The product debuted on Germany’s Xetra digital stock exchange last June

Tiger Brokers and Futu to Offer Crypto Trading Services Outside China


Two Chinese online brokerages have set out to enter the global crypto trading market. The platforms, Tiger Brokers and Futu, are planning to offer their services only outside the People’s Republic as Beijing is once again cracking down on bitcoin trading in the country. Major Chinese Online...

Central Bank of Brazil Issues Guidelines for Its CBDC


The Central Bank Of Brazil, the highest monetary authority of the country, has released a note listing the general guidelines for the design of a hypothetical central bank digital currency (CBDC) for the country. While there are still no concrete steps taken in this direction, at least the document...

Digital Yuan Architect: 'Imagine a CBDC on Ethereum or Diem'


Source: Adobe/H_Ko One of the chief architects of the Chinese digital yuan has discussed a possibility that the central bank digital currencies (CBDCs) could operate on networks such as Ethereum (ETH) or the yet-to-be-released Facebook-masterminded blockchain platform Diem (formerly Libra) as part...

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