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City of Shenzhen airdrops 30M in free digital yuan to stimulate consumer spending

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The move comes as part of a government effort-led to revitalize consumer spending as a zero-COVID policy has devastated the countries’ economic hubs.

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Coin Market

X’s new Cashtags feature drives $1B trading volume in first two days

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X’s Cashtags feature has been integrated into Canadian-based online brokerage Wealthsimple, but has not yet been adopted by a US trading platform.

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Coin Market

Worldcoin tanks 13% as World’s iris-scanning tech expands to Zoom, Docusign

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Most of the integrations are aimed at fighting deepfakes as the rise of AI-generated content makes it increasingly difficult to distinguish humans from AI.

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Russia introduces bill to criminalize unregistered crypto services

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Individuals and groups would be required to register with the Bank of Russia before offering certain crypto services, or potentially face fines and prison time.

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