Hong Kong to Connect Digital Yuan With Domestic Payments System in Cross-Border Trials

Hong Kong to Connect Digital Yuan With Domestic Payments System in Cross-Border Trials

“Financial authorities in Hong Kong have announced a second phase of trials for mainland China’s digital currency. As part of the upcoming tests, the city will link the Chinese digital yuan to its domestic payments system to evaluate the CBDC’s usability in cross-border scenarios. Hong Kong Residents to Load E-CNY Wallets via Mobile Phones China”

Source: Bitcoin News

FTX Exchange Now Valued at $25 Billion Following Successful $420 Million Fundraiser

“FTX cryptocurrency exchange has announced that it has successfully secured $420 million in funding through its series B-1 round from 69 investors, increasing the firm’s valuation to $25 billion, according to a press release on October 21, 2021. FTX Raises Fresh $420 Million Barely three months after completing a series

Associated Press plans to launch Chainlink node to publish data

“The news agency added it would be open to shifting its approach based on the response from developers as it kept “a finger on the pulse of the blockchain economy.” The Associated Press news agency announced it would be launching its own Chainlink oracle node to ensure any data from