Digital Yuan Payment Acceptance Expands in Changsha, Generating Over $1.4 Billion in Transactions

The city administration of Changsha, located in Hunan province of China, has recently reported that in the first quarter of 2023, over 400,000 outlets began accepting the state digital currency as a form of payment. This has resulted in the total transaction volume with e-CNY in the city surpassi ...

Bank of America Analysts Notice Strong Bitcoin Outflows from Crypto Exchanges to Personal Wallets

Bank of America analysts have recently observed a noteworthy trend in the cryptocurrency market. Over the last week leading up to April 4th, there has been a substantial outflow of bitcoins from crypto exchanges to users' personal wallets, amounting to $368 million in total, according to a report ...