There have been no winners in crypto land this year everything has been battered Some have fared better that others however and Bitcoin remains on top of the pile despite having lost half its value over the past month or so

Beijing subway has officially launched a new program that allows passengers to pay for rides with the central bank digital currency CBDC also known as the digital yuan The news follows the subway system in East Chinas Jiangsu province in the city of Suzhou which also allows digital yuan payments for subway fares

Key Points

There have been no winners in crypto land this year everything has been battered Some have fared better that others however and Bitcoin remains on top of the pile despite having lost half its value over the past month or so