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Hong Kong lawmaker wants to turn CBDC into stablecoin featuring DeFi

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A Hong Kong official believes that a government-backed stablecoin would serve as a better entry point to Web3 compared to private stablecoins.

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Coin Market

BIT Mining to pay $10M fine for bribing Japanese politicians in former life

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BIT Mining, previously known as online sports casino 500.com, made around $2.5 million worth of bribes to Japanese officials between 2017 and 2019.

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Genius Group kicks off Bitcoin treasury play with $10M in BTC 

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Genius Group has plans for a podcast to help other firms considering Bitcoin as a treasury reserve asset after they found there was no clear blueprint for the process. 

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MicroStrategy to raise $1.75B with 0% interest notes to buy Bitcoin

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MicroStrategy’s 0% senior convertible note means it will not need to pay regular interest to bondholders. 

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