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China Hits out at Senators Who Asked for an Olympic Block on Digital Yuan


Beijing has lashed out at three Republican senators who have asked the United States Olympic & Paralympic Committee to block American athletes from using the digital yuan, the central bank digital currency (CBDC) that China is hoping to dazzle the world with at the 2022 Beijing Winter Olympics...

'Unprecedented' Alliance Against China, Crypto Investment Flows + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____ Politics news "An unprecedented group" of allies and partners – including the European Union, the United Kingdom, and NATO –...

Tencent Buys Sumo Group For $1.3 Billion


British company Sumo Group, whose various studios have worked on everything from Hitman to Forza to Disney Infinity, has been bought by Chinese giant Tencent for a whopping $1.3 billion, Reuters report.Read more

China Releases e-CNY Whitepaper, Says Cryptos Have No Value & Pose Risks


The central People’s Bank of China (PBoC) released a digital yuan, e-CNY, whitepaper, in order to "explain the background, objectives, and visions" and to "seek public comments." "E-CNY is the digital version of fiat currency issued by PBoC and operated by authorized...

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