A local media report says that over 95% of Chinese citizens who won last week’s digital yuan lottery have already spent their prizes, while Statista reveals that Bitcoin adoption is growing, although still in its early stages. These and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.
📍‌A total of 47.573 Chinese citizens, about 95,2% of the winners, They spent the 200 digital yuan they received during the lottery held in Shenzhen. As reported Last week, Bit2Me lottery winners had until Sunday, October 18 to spend their “digital red packet” at 3.389 stores that would accept the digital currency for the purchase of various products. The event was held as part of the pilot tests being developed by the People's Bank of China for the issuance and distribution of its digital currency. DCEP, the digital yuan.
In total, 62.788 transactions were made using the digital red packets given away by the government, with a total transaction amount of 8,76 million yuan, out of the 10 million digital yuan to be issued during the lucky draw. The data also shows that some of the winners chose to top up their digital wallets, with the total amount spent on these top-ups amounting to 901.000 digital yuan.
📍‌Statista, a statistics portal for data on topics of global interest, including the cryptocurrencies, y blockchain, reveals that the adoption of Bitcoin It has grown in several countries around the world, with its main users being citizens of Nigeria, Vietnam and South Africa.
Source: Statista
Although the data shown by the provider reveals growth compared to last year's data, 10T Holdings co-founder, Dan Tapiero, said Bitcoin is still in a growth phase, and it is still very early days for mass adoption of the cryptocurrency. Still, several experts also believe that due to Bitcoin's potential as a store of value, even greater than gold, this cryptocurrency will become a highly valuable asset in the next decade. Today, world-renowned companies such as Square and MicroStrategy are beginning to invest large sums in BTC, demonstrating their confidence in the market-leading cryptocurrency by market capitalization.
📍‌The Bank of New Zealand joins research into a digital currency (CBDC). During a speech Recently at the Annual Conference held in Wellington, the Deputy Governor of the Reserve Bank of New Zealand, Christian Hawkesby, announced that the entity has no immediate plans to issue a CBDC yet, but that it will keep an open mind and research new innovations and the evolution of digital money and payment systems.
📍‌Meanwhile, the president of the United States Federal Reserve, Jerome Powell, he said during a virtual meeting, that the entity prefers to resolve all existing doubts regarding the issuance of a CBDC digital currency, rather than becoming the first country to issue one. Powell also noted that the US nation already has a dynamic, secure and active internal payment system, although this has been previously criticized by some experts in the field, such as Chris Larsen, CEO of Ripple, who catalog the American payments system as “antiquated.”
📍‌In Switzerland, the Federal Department of Finance announced the start of a process of public consultation to know the general opinion that citizens have about the implementation of blockchain technology and the DLTThe consultation will be open until February next year, and all types of interested groups can participate in giving their input on this issue. Switzerland is one of the most favourable and friendly nations towards the development of new technologies, and recently announced the amendment of several of its laws to incorporate new provisions in favour of companies that provide services related to these technologies.
📍‌The Treasury Financial Crimes Enforcement Network (FinCEN) The United States imposed a fine of 60 million dollars on the founder and administrator of the cryptocurrency mixing services Helix y Coin Ninja, for violating the Bank Secrecy Act (BSA) and its implementing regulations. The US regulator assured that Larry Dean Harmon He failed to comply with current regulations and operated both services in an unregistered manner, which is why he faces charges of conspiracy to commit money laundering and operating a money transmission business without the proper licenses. Harmon is being prosecuted in the U.S. District Court for the District of Columbia, the authority said in its statement. release.
In response to the regulator's recent accusations, Senator Sherrod Brown said “If some bankers go to jail, these things will stop happening,” he said, referring to the fact that the nation must implement stronger legislation against financial crimes such as money laundering.
Continue reading: Strategic Plan 2024 of the Bank of Spain includes development of CBDC and digital transformation of the financial system
