Bitcoin at $15K is now bigger than PayPal, Coca-Cola, Netflix, Disney. Bitcoin surged from $190 billion to around $280 billion in recent months, surpassing some big-name companies, including banks, by market capitalization. [Cointelegraph]
Standard Chartered has entered cooperation with the monetary authorities of Hong Kong and Thailand for trials of the central bank digital currency. The trial involved the use of the CBDC (Central Bank Digital Currency) for the completion of real-time electronic transfers and forex exchanges in Hong Kong. [China Banking News]
How blockchain can reduce global warming via carbon credit investments? Sonic Capital is a venture capital and investment fund doing just that — using blockchain and token economics to invest in startups that provide commercial solutions to environmental problems. [Forkast]
Nouriel Roubini, an award-winning economist and Bitcoin skeptic, is confident that CBDCs are the future of money. According to Roubini, global CBDCs, like the digital yuan, are capable of replacing major financial services and cryptocurrencies in the near future. [Cointelegraph]
DBS China signed a strategic cooperation agreement with OIG (Optima Integration Group) at the China International Import Expo. They agreed to cooperate in the digital finance field based on blockchain technology. [Shine.cn]
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Compiled by Nico Gous (nicogous@gmail.com / nico.gous@yahoo.com)
