According to an official announcement on Wednesday, the Beijing subway has launched a program that allows passengers to access 24 subway lines and 4 railway stations using the digital yuan (e-CNY). The news comes as China continues to expand the scope and utility of its central bank digital currency (CBDC).
Investment services firm, NYDIG, has struck a deal with enterprise payments company, NCR Corporation, that will enable 650 U.S. banks and credit unions to offer bitcoin purchases to their estimated 24 million customers.
Democratic Representative and co-chair of the House blockchain caucus, Bill Foster, has called for a regulatory framework to be put in place that would enable third parties to reverse fraudulent or criminal blockchain transactions, as well as identify digital-asset holders.
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Top stories in the Crypto Roundup today:
- The Beijing Subway now Allows Passengers to Pay Using Digital Yuan
- NYDIG’s Latest Deal Enables 650 U.S. Banks To Offer BTC Purchases
- Bill Foster Calls for Regulations to Identify Wallet Holders and Reverse Crypto Transactions
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