USDT is trading at a 0.3% discount to the USD/CNY, meaning investors have been cashing out. Bitcoin prices are showing strength, but derivatives traders are skeptical that the momentum may not last.
AlexThe use of digital RMB will provide Hong Kong and Mainland residents with an additional safe, convenient and new cross-border payment option.
JinseFinanceExploiting the features of non-real-name digital RMB accounts and the ATM cash withdrawal function, they orchestrated a scheme to transfer illicit funds for upstream criminals while earning such "service fees."
AlexThe BONK token giveaway by Solana's Saga mobile phone has astonishingly surpassed the phone's sale price, igniting a surge in demand and market valuation, showcasing the volatile crypto-technology synergy.
Alex
Coinlive Srinivasan expects Bitcoin (BTC) to replace it as the global reserve currency.
BeincryptoMeta has engaged Chinese software firm Tencent to distribute its Meta Quest VR headset despite Meta's Reality Labs losing 17% of revenue in Q4 last year.
BeincryptoWith the support and guidance of relevant departments and the Xi'an Branch of the People's Bank of China, various pilot operating agencies continue to optimize the digital RMB acceptance environment. Xi'an has initially established a digital RMB ecosystem with both application scenarios and consumer groups.
FtftxAccording to news on May 15, the latest version of the digital RMB app, version number 1.0.9.0, has been launched on the Apple App Store and major Android platforms.
FtftxThe official introduction of Cointelegraph France is taking place at the Paris Blockchain Week Summit, a flagship European blockchain event.
Cointelegraph