news

bitcoin

1 X bitcoin bitcoin =

Monday

26 July 2021

Bitcoin Senator: Ban US Athletes From Using China's Digital Yuan at Beijing Winter Olympics - Decrypt

Bitcoin Senator: Ban US Athletes From Using China's Digital Yuan at Beijing Winter Olympics - Decrypt


smart summary beta

The digital yuan is China's central bank digital currency—a computerized form of its national currency, the yuan.

Central bank digital currencies are akin to stablecoins, a type of digital currency designed to hold its value relative to another asset, but they are not the same.

While China's central bank sees global stablecoins bringing "risks and challenges to the international monetary system," Lummis et al see China's state-sponsored digital currency as the real risk, as it's controlled by the PBoC and not decentralized

Goto Full Article

bitcoin bitcoin price

$38173.00

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.2)

Image

BTC gains 15% in 3 hours amid tight squeeze
published: 23 minutes ago
A sharp squeeze has seen Bitcoin quickly rally to test $40,000 for the first time in roughly six weeks, reclaiming its 50-day moving average in the process.

sentiment (-0.1) Negative

Article Metadata

author

site

decrypt.co
Market data feeds provided by cryptocompare.com
bitsmart 2021