While there seems to be a lot of doubt regarding the future of cash right now the governor of Chinas central bank feels virtual currency will eventually replace this archaic method of transferring value At the same time PBOC governor Zhou Xiaochuan was quick to add how the Chinese government will regulate all virtual currencies used as legal tender indicating there are no plans to embrace Bitcoin by any means

Mastercard is launching a new cryptocurrency rewards credit card featuring realtime rewards in partnership with crypto exchange Gemini Cardholders will earn up to 3 back in realtime in bitcoin or a number of supported cryptocurrencies

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