China’s digital yuan could be used by athletes and visitors at the Beijing OlympicsBy Laura He, CNN BusinessUpdated 0932 GMT (1732 HKT) April 19, 2021 ‘use strict’;CNN.Videx = CNN.Videx || {};CNN.Videx.mobile = {};CNN.INJECTOR.executeFeature(‘video’).then(function () {CNN.VideoPlayer.handleUnmutePlayer = function handleUnmutePlayer(containerId, dataObj) {‘use strict’;var playerInstance,playerPropertyObj,rememberTime,unmuteCTA,unmuteIdSelector = ‘unmute_’ + containerId,isPlayerMute;dataObj = dataObj || {};if (CNN.VideoPlayer.getLibraryName(containerId) === ‘fave’) {playerInstance = FAVE.player.getInstance(containerId) || null;} else {playerInstance = containerId && window.cnnVideoManager.getPlayerByContainer(containerId).videoInstance.cvp || null;}isPlayerMute = (typeof dataObj.muted === ‘boolean’) ? dataObj.muted : false;if (CNN.VideoPlayer.playerProperties && CNN.VideoPlayer.playerProperties[containerId]) {playerPropertyObj = CNN.VideoPlayer.playerProperties[containerId];}if (playerPropertyObj.mute && playerPropertyObj.contentPlayed) {if (isPlayerMute === false) {unmuteCTA = jQuery(document.getElementById(unmuteIdSelector));playerInstance.unmute();if (unmuteCTA.length > 0) {unmuteCTA.removeClass(‘video__unmute–active’).addClass(‘video__unmute–inactive’);unmuteCTA.off(‘click’);rememberTime = 0;if (rememberTime 0) {$vidEndSlate.find(‘.l-container’).html(‘ ‘);$vidEndSlate.removeClass(‘video__end-slate–inactive’).addClass(‘video__end-slate–active’);}};CNN.autoPlayVideoExist = (CNN.autoPlayVideoExist === true) ? true : false;var configObj = {thumb: ‘none’,video: ‘business/2021/02/17/visa-ceo-digital-currency-transactions.cnnbusiness’,width: ‘100%’,height: ‘100%’,section: ‘international’,profile: ‘expansion’,network: ‘cnn’,markupId: ‘large-media_0’,adsection: ‘const-article-carousel-pagetop’,frameWidth: ‘100%’,frameHeight: ‘100%’,posterImageOverride: {“mini”:{“width”:220,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/210217144102-visa-ceo-al-kelly-small-169.jpg”,”height”:124},”xsmall”:{“width”:307,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/210217144102-visa-ceo-al-kelly-medium-plus-169.jpg”,”height”:173},”small”:{“width”:460,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/210217144102-visa-ceo-al-kelly-large-169.jpg”,”height”:259},”medium”:{“width”:780,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/210217144102-visa-ceo-al-kelly-exlarge-169.jpg”,”height”:438},”large”:{“width”:1100,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/210217144102-visa-ceo-al-kelly-super-169.jpg”,”height”:619},”full16x9″:{“width”:1600,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/210217144102-visa-ceo-al-kelly-full-169.jpg”,”height”:900},”mini1x1″:{“width”:120,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/210217144102-visa-ceo-al-kelly-small-11.jpg”,”height”:120}}},autoStartVideo = false,isVideoReplayClicked = false,callbackObj,containerEl,currentVideoCollection = [{“title”:”Visa CEO: We see digital currency as a player in global commerce”,”duration”:”03:20″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/02/17/visa-ceo-digital-currency-transactions.cnnbusiness/index.xml”,”videoId”:”business/2021/02/17/visa-ceo-digital-currency-transactions.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210217144102-visa-ceo-al-kelly-large-169.jpg”,”videoUrl”:”/videos/business/2021/02/17/visa-ceo-digital-currency-transactions.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Al Kelly, CEO of Visa, discusses how Visa is working to create utility around cryptocurrency.”,”descriptionText”:”Al Kelly, CEO of Visa, discusses how Visa is working to create utility around cryptocurrency.”},{“title”:”Bitcoin has an energy problem”,”duration”:”03:07″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/04/14/bitcoin-energy-consumption.cnnbusiness/index.xml”,”videoId”:”business/2021/04/14/bitcoin-energy-consumption.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190207141811-01-bitcoin-file-large-169.jpg”,”videoUrl”:”/videos/business/2021/04/14/bitcoin-energy-consumption.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”According to one estimate, the process of mining bitcoins and keeping the network running uses more energy than Belgium in a year.CNN’s Clare Sebastian reports on the network’s vast energy usage.”,”descriptionText”:”According to one estimate, the process of mining bitcoins and keeping the network running uses more energy than Belgium in a year.CNN’s Clare Sebastian reports on the network’s vast energy usage.”},{“title”:”Coinbase CFO: We’re an on-ramp to the crypto economy”,”duration”:”05:18″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/04/14/coinbase-cfo-ipo-direct-listing.cnnbusiness/index.xml”,”videoId”:”business/2021/04/14/coinbase-cfo-ipo-direct-listing.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210414080400-coinbase-cfo-alesia-haas-large-169.jpg”,”videoUrl”:”/videos/business/2021/04/14/coinbase-cfo-ipo-direct-listing.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Coinbase Global is going public through a direct listing Wednesday, becoming the first cryptocurrency exchange on the stock market.CNN’s Julia Chatterley speaks with CFO Alesia Haas.”,”descriptionText”:”Coinbase Global is going public through a direct listing Wednesday, becoming the first cryptocurrency exchange on the stock market.CNN’s Julia Chatterley speaks with CFO Alesia Haas.”},{“title”:”Mohamed El-Erian’s take on crypto investing”,”duration”:”04:16″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/04/05/mohamed-el-erian-cryptocurrency-bitcoin.cnnbusiness/index.xml”,”videoId”:”business/2021/04/05/mohamed-el-erian-cryptocurrency-bitcoin.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210405124554-mohamed-el-erian-large-169.jpg”,”videoUrl”:”/videos/business/2021/04/05/mohamed-el-erian-cryptocurrency-bitcoin.cnnbusiness/video/playlists/business-digital-currency/”,”description”:” Allianz Chief Economic Adviser Mohamed El Erian says rising government bonds yields have sent investors into bitcoin.
He weighs in on the pros and cons of investing in cryptocurrency.”,”descriptionText”:” Allianz Chief Economic Adviser Mohamed El Erian says rising government bonds yields have sent investors into bitcoin.He weighs in on the pros and cons of investing in cryptocurrency.”},{“title”:”Ripple CEO: Crypto industry must address energy demand”,”duration”:”03:27″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/04/01/ripple-ceo-crypto-energy-environment.cnnbusiness/index.xml”,”videoId”:”business/2021/04/01/ripple-ceo-crypto-energy-environment.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210401140138-ripple-ceo-brad-garlinghouse-large-169.jpg”,”videoUrl”:”/videos/business/2021/04/01/ripple-ceo-crypto-energy-environment.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Brad Garlinghouse, CEO of Ripple, says the environmental impact of digital transactions “could limit the success of these technologies.””,”descriptionText”:”Brad Garlinghouse, CEO of Ripple, says the environmental impact of digital transactions “could limit the success of these technologies.””},{“title”:”Why bitcoin could triple over next year”,”duration”:”02:10″,”sourceName”:”CNN Business”,”sourceLink”:”https://crypto247.news/wp-content/uploads/2021/04/trendomatic/210219081655-02-bitcoin-file-large-169.jpg607d87819bb23.jpg”,”videoUrl”:”/videos/business/2021/03/03/bitcoin-crypto-william-quigley-markets-now.cnn-business/video/playlists/business-digital-currency/”,”description”:”William Quigley, managing director of Magnetic, explains why he believes that bitcoin’s value can still rise dramatically into 2022.”,”descriptionText”:”William Quigley, managing director of Magnetic, explains why he believes that bitcoin’s value can still rise dramatically into 2022.”},{“title”:”Tesla invests $1.5 billion in bitcoin”,”duration”:”03:17″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://crypto247.news/wp-content/uploads/2021/04/trendomatic/201202115204-bitcoin-large-169.jpg607d87862d024.jpg”,”videoUrl”:”/videos/business/2021/02/08/bitcoin-tesla.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Tesla is betting big on bitcoin, saying it may soon accept the digital currency as payment for its cars.CNN’s Paul R.
La Monica reports.”,”descriptionText”:”Tesla is betting big on bitcoin, saying it may soon accept the digital currency as payment for its cars.CNN’s Paul R.La Monica reports.”},{“title”:”Scaramucci: Bitcoin is due for a correction”,”duration”:”01:02″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2020/12/16/bitcoin-anthony-scaramucci-markets-now.cnn-business/index.xml”,”videoId”:”business/2020/12/16/bitcoin-anthony-scaramucci-markets-now.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/201216123432-20201216-markets-now-10-large-169.jpg”,”videoUrl”:”/videos/business/2020/12/16/bitcoin-anthony-scaramucci-markets-now.cnn-business/video/playlists/business-digital-currency/”,”description”:”Just how far can Bitcoin prices rise? Anthony Scaramucci tells CNN’s Alison Kosik that Bitcoin’s best days are ahead, but the ride will be volatile.”,”descriptionText”:”Just how far can Bitcoin prices rise? Anthony Scaramucci tells CNN’s Alison Kosik that Bitcoin’s best days are ahead, but the ride will be volatile.”},{“title”:”Ripple CEO on what’s driving cryptocurrency”,”duration”:”02:26″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2020/12/02/ripple-ceo-cryptocurrency.cnnbusiness/index.xml”,”videoId”:”business/2020/12/02/ripple-ceo-cryptocurrency.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/201202111914-ripple-ceo-brad-garlinghouse-large-169.jpg”,”videoUrl”:”/videos/business/2020/12/02/ripple-ceo-cryptocurrency.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Brad Garlinghouse, CEO of Ripple, says the rally in digital currency is being driven by investors who see it as “an inflationary hedge.” He also says the long-term value of cryptocurrency is in its ability to solve payment problems.”,”descriptionText”:”Brad Garlinghouse, CEO of Ripple, says the rally in digital currency is being driven by investors who see it as “an inflationary hedge.” He also says the long-term value of cryptocurrency is in its ability to solve payment problems.”},{“title”:”PayPal CEO: Our move into cryptocurrencies is to bolster utility”,”duration”:”03:57″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2020/11/23/paypal-ceo-cryptocurrency-bitcoin.cnnbusiness/index.xml”,”videoId”:”business/2020/11/23/paypal-ceo-cryptocurrency-bitcoin.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/201123105600-paypal-cryptocurrency-large-169.jpg”,”videoUrl”:”/videos/business/2020/11/23/paypal-ceo-cryptocurrency-bitcoin.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Dan Schulman, President and CEO of PayPal, says the decision to accept digital currencies is to help shape the future of everyday commerce.”,”descriptionText”:”Dan Schulman, President and CEO of PayPal, says the decision to accept digital currencies is to help shape the future of everyday commerce.”},{“title”:”He says Facebook’s Libra is the future.Lawmakers aren’t so sure”,”duration”:”03:38″,”sourceName”:”CNN”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/11/12/libra-calibra-david-marcus-facebook-risk-takers-orig.cnn/index.xml”,”videoId”:”business/2019/11/12/libra-calibra-david-marcus-facebook-risk-takers-orig.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190923125500-20190919-rt-gfx-david-marcus-facebook-large-169.jpg”,”videoUrl”:”/videos/business/2019/11/12/libra-calibra-david-marcus-facebook-risk-takers-orig.cnn/video/playlists/business-digital-currency/”,”description”:”In the midst of intense regulatory scrutiny, is Facebook the right company to take cryptocurrency mainstream? Facebook executive David Marcus tells CNN Business’ Rachel Crane why the world needs Libra.”,”descriptionText”:”In the midst of intense regulatory scrutiny, is Facebook the right company to take cryptocurrency mainstream? Facebook executive David Marcus tells CNN Business’ Rachel Crane why the world needs Libra.”},{“title”:”Facebook unveils Libra, a new cryptocurrency.Here are the details”,”duration”:”02:08″,”sourceName”:”CNN”,”sourceLink”:”https://crypto247.news/wp-content/uploads/2021/04/trendomatic/190618091058-facebook-libra-large-169.jpg607d878845ea8.jpg”,”videoUrl”:”/videos/tech/2019/06/18/facebook-libra-cryptocurrency-sebastian-first-move.cnn/video/playlists/business-digital-currency/”,”description”:”Facebook formally unveiled its highly-anticipated digital currency project called Libra.CNN’s Clare Sebastian looks at what makes this different than other cryptocurrencies.”,”descriptionText”:”Facebook formally unveiled its highly-anticipated digital currency project called Libra.
CNN’s Clare Sebastian looks at what makes this different than other cryptocurrencies.”},{“title”:”Winklevoss twins call crypto the ‘ultimate social network'”,”duration”:”01:34″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/03/11/winklevoss-twins-crypto-app-zw-mc-orig.cnn-business/index.xml”,”videoId”:”business/2019/03/11/winklevoss-twins-crypto-app-zw-mc-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190310213617-cameron-tyler-winklevoss-large-169.jpg”,”videoUrl”:”/videos/business/2019/03/11/winklevoss-twins-crypto-app-zw-mc-orig.cnn-business/video/playlists/business-digital-currency/”,”description”:”Cameron and Tyler Winklevoss sat down with CNN Business to discuss their crypto exchange, Gemini, and plans for their recently launched mobile app.”,”descriptionText”:”Cameron and Tyler Winklevoss sat down with CNN Business to discuss their crypto exchange, Gemini, and plans for their recently launched mobile app.”},{“title”:”JPMorgan launches crypto coin”,”duration”:”03:02″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/02/14/jpmorgan-jpm-coin-cryptocurrency.cnn-business/index.xml”,”videoId”:”business/2019/02/14/jpmorgan-jpm-coin-cryptocurrency.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190214120156-jamie-dimon-file-large-169.jpg”,”videoUrl”:”/videos/business/2019/02/14/jpmorgan-jpm-coin-cryptocurrency.cnn-business/video/playlists/business-digital-currency/”,”description”:”JPMorgan’s “JPM Coin” is a prototype designed for institutional clients but executives wouldn’t rule out that it could eventually be used for retail customers.
CNN’s Matt Egan reports.”,”descriptionText”:”JPMorgan’s “JPM Coin” is a prototype designed for institutional clients but executives wouldn’t rule out that it could eventually be used for retail customers.CNN’s Matt Egan reports.”}],currentVideoCollectionId = ”,isLivePlayer = false,mediaMetadataCallbacks,mobilePinnedView = null,moveToNextTimeout,mutePlayerEnabled = false,nextVideoId = ”,nextVideoUrl = ”,turnOnFlashMessaging = false,videoPinner,videoEndSlateImpl;if (CNN.autoPlayVideoExist === false) {autoStartVideo = true;autoStartVideo = typeof CNN.isLoggedInVideoCheck === ‘function’ ? CNN.isLoggedInVideoCheck(autoStartVideo) : autoStartVideo;if (autoStartVideo === true) {if (turnOnFlashMessaging === true) {autoStartVideo = false;containerEl = jQuery(document.getElementById(configObj.markupId));CNN.VideoPlayer.showFlashSlate(containerEl);} else {CNN.autoPlayVideoExist = true;}}}configObj.autostart = CNN.Features.enableAutoplayBlock ? false : autoStartVideo;CNN.VideoPlayer.setPlayerProperties(configObj.markupId, autoStartVideo, isLivePlayer, isVideoReplayClicked, mutePlayerEnabled);CNN.VideoPlayer.setFirstVideoInCollection(currentVideoCollection, configObj.markupId);var videoHandler = {},isFeaturedVideoCollectionHandlerAvailable = (CNN !== undefined &&CNN.VIDEOCLIENT !== undefined &&CNN.VIDEOCLIENT.FeaturedVideoCollectionHandler !== undefined);if (!isFeaturedVideoCollectionHandlerAvailable) {CNN.INJECTOR.executeFeature(‘videx’).done(function () {jQuery.ajax({dataType: ‘script’,cache: true,url: ‘//edition.i.cdn.cnn.com/.a/2.258.3/js/featured-video-collection-player.min.js’}).done(function () {initializeVideoAndCollection();}).fail(function () {throw ‘Unable to fetch /js/featured-video-collection-player.min.js’;});}).fail(function () {throw ‘Unable to fetch the videx bundle’;});}function initializeVideoAndCollection() {videoHandler = new CNN.VIDEOCLIENT.FeaturedVideoCollectionHandler(configObj.markupId,”cn-featured-1f9v2yv”,’js-video_description-featured-1f9v2yv’,[{“title”:”Visa CEO: We see digital currency as a player in global commerce”,”duration”:”03:20″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/02/17/visa-ceo-digital-currency-transactions.cnnbusiness/index.xml”,”videoId”:”business/2021/02/17/visa-ceo-digital-currency-transactions.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210217144102-visa-ceo-al-kelly-large-169.jpg”,”videoUrl”:”/videos/business/2021/02/17/visa-ceo-digital-currency-transactions.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Al Kelly, CEO of Visa, discusses how Visa is working to create utility around cryptocurrency.”,”descriptionText”:”Al Kelly, CEO of Visa, discusses how Visa is working to create utility around cryptocurrency.”},{“title”:”Bitcoin has an energy problem”,”duration”:”03:07″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/04/14/bitcoin-energy-consumption.cnnbusiness/index.xml”,”videoId”:”business/2021/04/14/bitcoin-energy-consumption.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190207141811-01-bitcoin-file-large-169.jpg”,”videoUrl”:”/videos/business/2021/04/14/bitcoin-energy-consumption.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”According to one estimate, the process of mining bitcoins and keeping the network running uses more energy than Belgium in a year.CNN’s Clare Sebastian reports on the network’s vast energy usage.”,”descriptionText”:”According to one estimate, the process of mining bitcoins and keeping the network running uses more energy than Belgium in a year.CNN’s Clare Sebastian reports on the network’s vast energy usage.”},{“title”:”Coinbase CFO: We’re an on-ramp to the crypto economy”,”duration”:”05:18″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/04/14/coinbase-cfo-ipo-direct-listing.cnnbusiness/index.xml”,”videoId”:”business/2021/04/14/coinbase-cfo-ipo-direct-listing.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210414080400-coinbase-cfo-alesia-haas-large-169.jpg”,”videoUrl”:”/videos/business/2021/04/14/coinbase-cfo-ipo-direct-listing.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Coinbase Global is going public through a direct listing Wednesday, becoming the first cryptocurrency exchange on the stock market.CNN’s Julia Chatterley speaks with CFO Alesia Haas.”,”descriptionText”:”Coinbase Global is going public through a direct listing Wednesday, becoming the first cryptocurrency exchange on the stock market.CNN’s Julia Chatterley speaks with CFO Alesia Haas.”},{“title”:”Mohamed El-Erian’s take on crypto investing”,”duration”:”04:16″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/04/05/mohamed-el-erian-cryptocurrency-bitcoin.cnnbusiness/index.xml”,”videoId”:”business/2021/04/05/mohamed-el-erian-cryptocurrency-bitcoin.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210405124554-mohamed-el-erian-large-169.jpg”,”videoUrl”:”/videos/business/2021/04/05/mohamed-el-erian-cryptocurrency-bitcoin.cnnbusiness/video/playlists/business-digital-currency/”,”description”:” Allianz Chief Economic Adviser Mohamed El Erian says rising government bonds yields have sent investors into bitcoin.
He weighs in on the pros and cons of investing in cryptocurrency.”,”descriptionText”:” Allianz Chief Economic Adviser Mohamed El Erian says rising government bonds yields have sent investors into bitcoin.He weighs in on the pros and cons of investing in cryptocurrency.”},{“title”:”Ripple CEO: Crypto industry must address energy demand”,”duration”:”03:27″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/04/01/ripple-ceo-crypto-energy-environment.cnnbusiness/index.xml”,”videoId”:”business/2021/04/01/ripple-ceo-crypto-energy-environment.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210401140138-ripple-ceo-brad-garlinghouse-large-169.jpg”,”videoUrl”:”/videos/business/2021/04/01/ripple-ceo-crypto-energy-environment.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Brad Garlinghouse, CEO of Ripple, says the environmental impact of digital transactions “could limit the success of these technologies.””,”descriptionText”:”Brad Garlinghouse, CEO of Ripple, says the environmental impact of digital transactions “could limit the success of these technologies.””},{“title”:”Why bitcoin could triple over next year”,”duration”:”02:10″,”sourceName”:”CNN Business”,”sourceLink”:”https://crypto247.news/wp-content/uploads/2021/04/trendomatic/210219081655-02-bitcoin-file-large-169.jpg607d87819bb23.jpg”,”videoUrl”:”/videos/business/2021/03/03/bitcoin-crypto-william-quigley-markets-now.cnn-business/video/playlists/business-digital-currency/”,”description”:”William Quigley, managing director of Magnetic, explains why he believes that bitcoin’s value can still rise dramatically into 2022.”,”descriptionText”:”William Quigley, managing director of Magnetic, explains why he believes that bitcoin’s value can still rise dramatically into 2022.”},{“title”:”Tesla invests $1.5 billion in bitcoin”,”duration”:”03:17″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://crypto247.news/wp-content/uploads/2021/04/trendomatic/201202115204-bitcoin-large-169.jpg607d87862d024.jpg”,”videoUrl”:”/videos/business/2021/02/08/bitcoin-tesla.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Tesla is betting big on bitcoin, saying it may soon accept the digital currency as payment for its cars.CNN’s Paul R.La Monica reports.”,”descriptionText”:”Tesla is betting big on bitcoin, saying it may soon accept the digital currency as payment for its cars.
CNN’s Paul R.La Monica reports.”},{“title”:”Scaramucci: Bitcoin is due for a correction”,”duration”:”01:02″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2020/12/16/bitcoin-anthony-scaramucci-markets-now.cnn-business/index.xml”,”videoId”:”business/2020/12/16/bitcoin-anthony-scaramucci-markets-now.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/201216123432-20201216-markets-now-10-large-169.jpg”,”videoUrl”:”/videos/business/2020/12/16/bitcoin-anthony-scaramucci-markets-now.cnn-business/video/playlists/business-digital-currency/”,”description”:”Just how far can Bitcoin prices rise? Anthony Scaramucci tells CNN’s Alison Kosik that Bitcoin’s best days are ahead, but the ride will be volatile.”,”descriptionText”:”Just how far can Bitcoin prices rise? Anthony Scaramucci tells CNN’s Alison Kosik that Bitcoin’s best days are ahead, but the ride will be volatile.”},{“title”:”Ripple CEO on what’s driving cryptocurrency”,”duration”:”02:26″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2020/12/02/ripple-ceo-cryptocurrency.cnnbusiness/index.xml”,”videoId”:”business/2020/12/02/ripple-ceo-cryptocurrency.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/201202111914-ripple-ceo-brad-garlinghouse-large-169.jpg”,”videoUrl”:”/videos/business/2020/12/02/ripple-ceo-cryptocurrency.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Brad Garlinghouse, CEO of Ripple, says the rally in digital currency is being driven by investors who see it as “an inflationary hedge.” He also says the long-term value of cryptocurrency is in its ability to solve payment problems.”,”descriptionText”:”Brad Garlinghouse, CEO of Ripple, says the rally in digital currency is being driven by investors who see it as “an inflationary hedge.” He also says the long-term value of cryptocurrency is in its ability to solve payment problems.”},{“title”:”PayPal CEO: Our move into cryptocurrencies is to bolster utility”,”duration”:”03:57″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2020/11/23/paypal-ceo-cryptocurrency-bitcoin.cnnbusiness/index.xml”,”videoId”:”business/2020/11/23/paypal-ceo-cryptocurrency-bitcoin.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/201123105600-paypal-cryptocurrency-large-169.jpg”,”videoUrl”:”/videos/business/2020/11/23/paypal-ceo-cryptocurrency-bitcoin.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Dan Schulman, President and CEO of PayPal, says the decision to accept digital currencies is to help shape the future of everyday commerce.”,”descriptionText”:”Dan Schulman, President and CEO of PayPal, says the decision to accept digital currencies is to help shape the future of everyday commerce.”},{“title”:”He says Facebook’s Libra is the future.Lawmakers aren’t so sure”,”duration”:”03:38″,”sourceName”:”CNN”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/11/12/libra-calibra-david-marcus-facebook-risk-takers-orig.cnn/index.xml”,”videoId”:”business/2019/11/12/libra-calibra-david-marcus-facebook-risk-takers-orig.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190923125500-20190919-rt-gfx-david-marcus-facebook-large-169.jpg”,”videoUrl”:”/videos/business/2019/11/12/libra-calibra-david-marcus-facebook-risk-takers-orig.cnn/video/playlists/business-digital-currency/”,”description”:”In the midst of intense regulatory scrutiny, is Facebook the right company to take cryptocurrency mainstream? Facebook executive David Marcus tells CNN Business’ Rachel Crane why the world needs Libra.”,”descriptionText”:”In the midst of intense regulatory scrutiny, is Facebook the right company to take cryptocurrency mainstream? Facebook executive David Marcus tells CNN Business’ Rachel Crane why the world needs Libra.”},{“title”:”Facebook unveils Libra, a new cryptocurrency.
Here are the details”,”duration”:”02:08″,”sourceName”:”CNN”,”sourceLink”:”https://crypto247.news/wp-content/uploads/2021/04/trendomatic/190618091058-facebook-libra-large-169.jpg607d878845ea8.jpg”,”videoUrl”:”/videos/tech/2019/06/18/facebook-libra-cryptocurrency-sebastian-first-move.cnn/video/playlists/business-digital-currency/”,”description”:”Facebook formally unveiled its highly-anticipated digital currency project called Libra.CNN’s Clare Sebastian looks at what makes this different than other cryptocurrencies.”,”descriptionText”:”Facebook formally unveiled its highly-anticipated digital currency project called Libra.CNN’s Clare Sebastian looks at what makes this different than other cryptocurrencies.”},{“title”:”Winklevoss twins call crypto the ‘ultimate social network'”,”duration”:”01:34″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/03/11/winklevoss-twins-crypto-app-zw-mc-orig.cnn-business/index.xml”,”videoId”:”business/2019/03/11/winklevoss-twins-crypto-app-zw-mc-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190310213617-cameron-tyler-winklevoss-large-169.jpg”,”videoUrl”:”/videos/business/2019/03/11/winklevoss-twins-crypto-app-zw-mc-orig.cnn-business/video/playlists/business-digital-currency/”,”description”:”Cameron and Tyler Winklevoss sat down with CNN Business to discuss their crypto exchange, Gemini, and plans for their recently launched mobile app.”,”descriptionText”:”Cameron and Tyler Winklevoss sat down with CNN Business to discuss their crypto exchange, Gemini, and plans for their recently launched mobile app.”},{“title”:”JPMorgan launches crypto coin”,”duration”:”03:02″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/02/14/jpmorgan-jpm-coin-cryptocurrency.cnn-business/index.xml”,”videoId”:”business/2019/02/14/jpmorgan-jpm-coin-cryptocurrency.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190214120156-jamie-dimon-file-large-169.jpg”,”videoUrl”:”/videos/business/2019/02/14/jpmorgan-jpm-coin-cryptocurrency.cnn-business/video/playlists/business-digital-currency/”,”description”:”JPMorgan’s “JPM Coin” is a prototype designed for institutional clients but executives wouldn’t rule out that it could eventually be used for retail customers.CNN’s Matt Egan reports.”,”descriptionText”:”JPMorgan’s “JPM Coin” is a prototype designed for institutional clients but executives wouldn’t rule out that it could eventually be used for retail customers.CNN’s Matt Egan reports.”}],’js-video_headline-featured-1f9v2yv’,”,”js-video_source-featured-1f9v2yv”,true,true,’business-digital-currency’);if (typeof configObj.context !== ‘string’ || configObj.context.length <= 0) {configObj.context = 'investing'.replace(/[()-]/g, '');}configObj.videoCollection = 'business-digital-currency';CNN.VideoPlayer.getLibrary(configObj, videoHandler.getEventCallbackObject(), isLivePlayer, videoHandler.getMediaMetadataCallbacks());videoHandler.getCollectionCarouselElement().on('VIDEO_CAROUSEL_ITEM_CLICKED', CNN.VIDEOCLIENT.triggerSunrise);}});CNN.INJECTOR.scriptComplete('videodemanddust');JUST WATCHEDVisa CEO: We see digital currency as a player in global commerceReplayMore Videos ...MUST WATCH{"@context": "https://schema.org“,”@type”: “VideoObject”,”name”: “Visa CEO: We see digital currency as a player in global commerce”,”description”: “Al Kelly, CEO of Visa, discusses how Visa is working to create utility around cryptocurrency.”,”thumbnailURL”: “https://crypto247.news/wp-content/uploads/2021/04/trendomatic/210217144102-visa-ceo-al-kelly-exlarge-169.jpg”,”image”: “https://crypto247.news/wp-content/uploads/2021/04/trendomatic/210217144102-visa-ceo-al-kelly-exlarge-169.jpg”,”duration”: “PT3M21S”,”uploadDate”: “2021-02-17T19:44:11Z”,”contentUrl”: “https://edition.cnn.com/videos/business/2021/02/17/visa-ceo-digital-currency-transactions.cnnbusiness”,”url”: “https://edition.cnn.com/videos/business/2021/02/17/visa-ceo-digital-currency-transactions.cnnbusiness”,”embedUrl”: “https://fave.api.cnn.io/v1/fav/?video=business/2021/02/17/visa-ceo-digital-currency-transactions.cnnbusiness&customer=cnn&edition=international&env=prod”} (14 Videos)Visa CEO: We see digital currency as a player in global commerceBitcoin has an energy problemCoinbase CFO: We’re an on-ramp to the crypto economyMohamed El-Erian’s take on crypto investingRipple CEO: Crypto industry must address energy demandWhy bitcoin could triple over next yearTesla invests $1.5 billion in bitcoinScaramucci: Bitcoin is due for a correctionRipple CEO on what’s driving cryptocurrencyPayPal CEO: Our move into cryptocurrencies is to bolster utilityHe says Facebook’s Libra is the future.Lawmakers aren’t so sureFacebook unveils Libra, a new cryptocurrency.Here are the detailsWinklevoss twins call crypto the ‘ultimate social network’JPMorgan launches crypto coinHong Kong (CNN Business)China is pushing forward with its experiment in creating a digital version of the yuan and may give foreign athletes and visitors a chance to use it at the 2022 Beijing Winter Olympics.
Li Bo, a deputy governor of the People’s Bank of China, said on Sunday that the digital currency pilot was going well following last year’s launch in four cities, plus the venues for the Winter Olympics.The experiment has since been expanded to include 10 cities or provinces covering 100 million people.Speaking at China’s Boao Forum for Asia, Li said the central bank was focused on how the digital yuan, or renminbi, could be used in the domestic economy, rather than as a way of reducing the country’s reliance on the US dollar.”For the internationalization of renminbi, we have said many times that it’s a natural process, and our goal is not to replace US dollar or any other international currency,” Li told attendees at the business conference, which was held in China’s Hainan province.”Our goal is to allow the market to choose.”China wants to weaponize its currency.A digital version could helpThe rollout is a big deal for China, which could become the first major economy to create an official, digital version of its currency.
The European Central Bank is also exploring a digital euro.Read MoreOfficials have touted the digital yuan as a futuristic currency that will make buying things more convenient and secure, and help those who don’t have access to bank accounts.But a digital yuan would also give Beijing an unprecedented amount of information about where people are and what they spend their money on, raising concerns about government surveillance.Li said Sunday that there was still no timetable for a nationwide rollout of the digital currency, though he added that the central bank plans to expand the pilot to additional Chinese cities.And he floated the idea that the digital yuan could be tested with foreign athletes and visitors during next year’s Winter Olympics, which will be held in Beijing.Some experts within China have suggested that the digital yuan could advance the country’s influence on a global scale.The central bank run magazine “China Finance,” for example, published an article last September saying that digital currency has become a “new battlefield for sovereign countries.
The article, written by Fudan University professor Sun Lijian and others, called on China to use the digital yuan to break the US dollar’s monopoly.Li pushed back against that idea.”Our focus is that we want to establish a very solid domestic [digital yuan] first and build up a healthy eco-system,” Li added.But he also said that China would work with international partners to find ways for digital yuan payments to work across borders in the long term.Bitcoin mining in China could soon generate as much carbon emissions as some European countries, study findsThe central banker also struck a cautious tone on cryptocurrencies like bitcoin, which China has taken a hard stance on for years.In 2017, China banned initial coin offerings, a way for companies or individuals to raise money by issuing cryptocurrencies.
That year, authorities also shut down local cryptocurrency exchanges.”These are investment alternatives.They are not currency per se,” Li said of bitcoin and other cryptos, including so-called stablecoins, which are backed by government currencies.
He added that it’s necessary to prevent such assets from creating any “serious financial stability risks.”.
