• The People’s Bank of China has used its digital yuan to buy securities for the first time.
• Tokyo brokerage company Monex Group is interested in FTX Japan, the Japanese subsidiary of the fallen FTX crypto exchange.
• Bitget is the first exchange to launch copy trading in the spot market.
The world of digital currency is continuing to evolve and expand. Recently, the People’s Bank of China made headlines when it used its digital yuan (CBDC) to buy securities for the first time. This is indicative of the increasing acceptance of digital currency, as more and more governments and financial institutions embrace the new technology.
In addition to this news, Tokyo brokerage company Monex Group has expressed interest in FTX Japan, the Japanese subsidiary of the fallen FTX crypto exchange. This is reflective of the growing demand for cryptocurrency and blockchain-based services, as more companies look to take advantage of the opportunities presented by the new technology.
Finally, Bitget, an exchange, has announced that it is the first to launch copy trading in the spot market. This feature enables users to copy trading strategies, as well as view trader profiles in order to choose the preferred trader to follow. This is a great way for investors to diversify their portfolio, as well as gain more knowledge and insights into the industry.
All in all, the future of cryptocurrency and blockchain technology looks very promising. More and more governments and financial institutions are embracing the technology and finding new ways to use it. As the world moves further into the digital age, it is likely that we will see even more innovative uses for cryptocurrency and blockchain technology.