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Almost 490,000 Vendors in China’s Changsha Accept Digital Yuan Payments
20.9.2023
Nearly 490,000 vendors in China’s Changsha now accept digital yuan payments, the city’s government has claimed as the nation’s CBDC pilot continues.
Per the Changsha Evening News (via Huasheng Online), this year has seen Changsha expand its digital yuan use-case scenarios “into key areas such...
Russia to ‘Integrate’ Digital Ruble With Tax Code – Moscow Forges Ahead with CBDC
20.9.2023
Russia is set to “integrate” its CBDC, the digital ruble, into its tax system, with legislation set to roll out before the year’s end.
Per Prime, the State Duma’s Committee on Budgets and Taxes has approved a private member’s bill that seeks to amend the Tax Code.
The amendment will allow...
Biggest Crypto Gainers Today on DEXTools – POGEX, XMoon, DARK
20.9.2023
Blue chip cryptocurrency markets are mixed to modestly positive on Tuesday, amid largely cautious trading conditions one day out from the US Federal Reserve's highly anticipated interest rate decision on Wednesday.
Bitcoin (BTC) was last up around 1.5% in the last 24 hours in the $27,200 area...
Crypto Has Become a Non-Partisan Issue in the US: Grayscale CEO
19.9.2023
Grayscale CEO Michael Sonnenshein believes cryptocurrency has become a non-partisan issue, claiming that policymakers now acknowledge it's here to stay.
In a recent interview, Sonnenshein said the company is willing to collaborate with the US Securities and Exchange Commission (SEC) to bring about...
Islamic Coin Launches Public Offering of Tokens – Here's What You Need to Know
19.9.2023
Islamic Coin, a digital currency that aims to Shariah principles and promote ethical values, has initiated its Reg D Token Offering to the public in collaboration with OpenDeal Broker, a subsidiary of Republic.
In a Monday press release, Islamic Coin said it has partnered with Republic to support...
Solana Co-Founder Urges the US to Not Wait for “Perfect” Crypto Regulations
19.9.2023
Anatoly Yakovenko, co-founder of Solana and the CEO of Solana Labs, stressed the importance of the US government’s crypto bipartisan bill passed in July. However, he noted that the government shouldn’t wait for “perfect” legislation to move forward in regulations.
“The bills aren’t perfect....
Hong Kong Regulator Hosts Top Ethereum Researcher Justin Drake, Asks Him to Extend Invitation to Buterin
19.9.2023
Hong Kong legislator Johnny Ng has met with Justin Drake, a top Ethereum researcher, asking him to extend an invitation to Vitalik Buterin and other core members of the Ethereum Foundation.
In a Monday tweet, Ng said he hosted Drake at the Legislative Council Building, which is the home...
Shenzhen, China, Prepares Fresh CBDC Giveaway
19.9.2023
Shenzhen, China, is readying a new digital yuan giveaway as the city looks to showcase the CBDC at a range of upcoming sporting events.
Per Shanghai Securities News, the city is set to hand out e-CNY tokens to some 50,000 citizens as part of its latest adoption drive.
The coins will...
Russian Central Bank: Digital Ruble ‘Doesn’t Use Biometric Data’
19.9.2023
The Russian Central Bank says that its CBDC, the digital ruble, “has nothing to do with” state efforts to collect biometric data.
The bank began piloting its CBDC just over a month ago in 11 cities nationwide.
Russian MPs last year voted in a law that allows banks and state agencies to collect...
Chainlink Price Prediction as LINK Pumps 8% After Breaking Key Multi-Week Price Range
19.9.2023
Chainlink (LINK), the cryptocurrency that powers Chainlink’s blockchain interoperability network, surged 8% on Monday, outperforming the vast majority of the broader crypto market.
LINK was last trading in the $6.60s per token, having failed to muster a lasting break above its 200DMA at $6.70...
Crypto Exchange Listing and Delisting Announcements: September 18, 2023
18.9.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Litecoin Price Prediction as LTC Bounces 15% From Recent Lows – Watch This Key Resistance Level
18.9.2023
Litecoin (LTC), the cryptocurrency that powers the payments-focused decentralized Litecoin layer-1 blockchain protocol, has bounced 5% in the last 24 hours according to CoinGecko, and is up an impressive more than 15% from last week’s lows.
LTC was last trading near $66 per token, having briefly...
Coinbase Receives $1 Million Amid Crypto Hack, Yet Victims Await Compensation – What's Going On?
18.9.2023
Coinbase, the largest US cryptocurrency exchange, has raked in $1 million in profit from the recent hack of DeFi platform Curve Finance.
The exchange has not yet returned the funds, which some argue belong to the victims of the hack, claiming that it is not obligated to do so.
The incident...
IOTA Aims for a Comeback with Network Enhancements and Ecosystem Fund
18.9.2023
The once-prominent crypto project IOTA is planning a resurgence with a series of initiatives aimed at boosting network development and token value.
After losing market share to newer blockchains following a hype-fueled rally in 2017, IOTA is set to release an upgraded network, known as IOTA...
Expect crypto and altcoin selling pressure amid FTX liquidation
18.9.2023
FTX is bankrupt and has received approval from the court to sell its crypto holdings. These are worth approximately $3.4 billion. The assumption is that it will cause selling pressure on the crypto community at a time when every token is eyeing a recovery from its past losses. For instance, BTC...
Bittrex Exchange Bankruptcy: Customers Leaving Money Behind – Here's the Latest
18.9.2023
The majority of Bittrex US customers are leaving money behind by failing to claim their assets.
The deadline for approximately 1.6 million customers to claim their crypto assets on Bittrex US and Bittrex Malta exchanges passed on August 31.
However, only 35,972 customers, less than 3% of those...
Bidding War: Scaramucci's SkyBridge Capital Competes for Silicon Valley Bank's VC Unit
18.9.2023
Anthony Scaramucci's SkyBridge Capital and Atlas Merchant Capital are competing for SVB Capital, the venture capital and credit-investment arm of SVB Financial Group, the former parent company of Silicon Valley Bank.
Aside from the two investment firms, San Francisco-based private-equity...
Crypto Analyst Predicts Market is Gearing Up For a Bull Run
18.9.2023
Crypto analyst Jason Pizzino has suggested that the cryptocurrency market is on the cusp of a bull run.
In a recent YouTube video, Pizzino claimed that the market is showing strength and potential for growth similar to previous cycles.
"This is the beginning of a bull market just like...
Chinese Central Bank Updates Digital Yuan App – Here’s the Latest
18.9.2023
The Chinese central bank has updated its digital yuan app, adding new CBDC-powered features, “service” options, and utilities bill payment functions.
The central People’s Bank of China (PBoC) released its mobile app in early 2022.
It followed up with a major update at the end of last year.
Per...
FTX Claims Portal Back in Action After Cybersecurity Incident in August
17.9.2023
FTX has reopened its customer claims portal, unfreezing user accounts that were affected by a cybersecurity incident in August.
In a recent statement, FTX clarified that the freezing of customer accounts was a precautionary measure and emphasized that additional security measures have been...