(Bloomberg) -- Trouble may be brewing in China for Bitcoin's raucous and divisive rally as the nation pushes ahead with a world-leading effort to create a digital version of its currency.
Watch the latest Bitcoin.com Weekly Update where we touch on retail giant Rakuten allowing crypto payments, Shark Tank's Kevin O'Leary's newest stance on Bitcoin, a huge system error at a Philippine crypto exchange, and more.
ETHEREUM BECOMING DEFLATIONARY IN JULY!!! Ivan on Tech
The firm Rakuten Inc., often referred to as "the Amazon of Japan," announced customers can now load up Rakuten Pay accounts with cryptocurrencies like bitcoin, ethereum, and bitcoin cash.
Neosocialist China does it, Sweden does it, and many other states want to do it, too: to issue digitized central bank money for everyone.
The Federal Reserve is talking about adopting a "digital dollar" as cryptocurrencies take off and the central bank wants to proceed toward the cashless society.