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Daily Crypto Report

"Advisors propose regional digital currency for China, Hong Kong, Korea, & Japan" May 23rd, 2020

23 May 2020

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Today's blockchain and cryptocurrency headlines Bitcoin is down slightly at 9,159 Ethereum is up 2% at $206 and XRP is down 1% at 20 cents Top gainers in the last 24 hours: Horizon up 20% Ardor up 17% and OmiseGo up 15% Chinese political advisors have proposed a regional digital currency. Louisiana is set to consider a bill to regulate and license virtual currency businesses. JP Morgan is taking the stance that Central bank digital currencies could undermine the U.S. dollar's dominance Links: Chinese Government Advisers Propose Regional Stablecoin for 4 Asian Countries - CoinDesk Louisiana State Senate to Consider Crypto Business Licensing Bill - CoinDesk JPMorgan Says Central Bank Digital FX a Danger to U.S. Power - Bloomberg Learn more about your ad choices. Visit megaphone.fm/adchoices

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