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ERShares COO & Chief Investment Strategist Eva Ados discusses crypto markets and also says digital yuan could drive cryptos and coinbase lower. She discuss her strategies with Haidi Stroud-Watts . Binance.US CEO on Wednesday's outage, crypto volatility Binance was initially based in China, but later moved its headquarters out of China following the Chinese government's increasing regulation of cryptocurrency. In 2021 Binance was put under investigation by both the United States Department of Justice and Internal Revenue Service on allegations of money laundering and tax offenses. Coinbase, Binance outage: exchanges go offline during crypto . Coinbase CEO Says Chinese Digital Yuan a Threat to US$ By . Yuan Chain Coin (YCC) Price, Charts, and News Coinbase . Coinbase, Binance and other exchanges often suffer outages during high trading volumes, leaving users shut out of their accounts. The digital yuan (known officially as the DC/EP – Digital Currency Electronic Payment) is not available for trading at this time and is currently only in its early stages of trial. There are reports that the digital yuan has been trialed in four cities – Shenzhen, Suzhou, Chengdu, Xiong’an – and some commercial entities, such as Didi . Coinbase CEO: Digital Yuan a Threat to U.S. BitcoinKE China’s digital yuan is arguably the world’s most advanced CBDC, ahead of similar projects in the U.S., EU, and Russia. An official at the PBOC revealed in November that the digital currency had been used in transactions worth nearly $10 billion. As of October, around 140 million Chinese residents had opened a digital yuan account. Yuan (YUAN) Price, Charts, and News Coinbase: yuan coin . Yuan Chain Coin is on the decline this week. The price of Yuan Chain Coin has fallen by 33.11% in the past 7 days. The price declined by 6.87% in the last 24 hours. The current price is $0.004761 per YCC. Yuan Chain Coin is 88.10% below the all time high of $0.04. Digital Yuan Marches Forward, Bitcoin’s Rising Power Consumption, Political Donations in BTC, Fate of Coinbase’s COIN by Lana Dobrić | April 16, 2021 In this edition: Macao Starts Digital Yuan Trials Bitcoin Consuming 66X More Energy Than in 2015 $1.2M-Worth BTC Donation to Germany’s Green Party Trembling Beginnings of Coinbase’s COIN Binance.US CEO on Wednesday’s outage, crypto volatility Wednesday saw some extreme moves in crypto, with bitcoin dropping to about $30,000 before bouncing back. The volatility was so intense it. Coinbase CEO Brian Armstrong believes the Chinese Central Bank Digital Currency (CBDC) is a threat to the US dollar. This is because Armstrong predicts that the digital yuan will disrupt the. A group of investors who say they were burned by a Binance service outage has raised $5 million to sue the crypto exchange, according to a Financial Times report. The $20 million of collective. To buy Yuan Chain Coin using USD (US Dollar) you will have to use a cryptocurrency exchange or financial service that supports funding via either your bank account or credit card. The three major options for this in the United States are Coinbase, Paypal (or Venmo), or Robinhood. PayPal (or Venmo) is probably the most well-known of the group of . Binance suffered a service outage in May as the crypto market slumped. Over two thousand retail traders are part of a campaign asking for compensation from the exchange. Founder Changpeng Zhao has. Binance is facing an unconventional new legal claim over May . Digital Yuan Wallet Ranks Among Most Downloaded Apps in China . Cryptocurrency traders seek damages from Binance after major . Reached for comment, Binance emphasized the sector-wide nature of the outage. “On 19 May, nearly all cryptocurrency exchanges suffered temporary outages due to extreme market volatility,” a. Binance outages reported in the last 24 hours. This chart shows a view of problem reports submitted in the past 24 hours compared to the typical volume of reports by time of day. It is common for some problems to be reported throughout the day. Downdetector only reports an incident when the number of problem reports is significantly higher than . Binance down? Current outages and problems. Downdetector Binance Down or not Loading? Get outage and status reports now ERShares: Digital Yuan Could Drive Cryptos and Coinbase Lower . When Can I Buy, Use, and Trade China's Digital Yuan? How to buy Yuan Chain Coin (YCC) with USD - Guide Updated for . January 14, 2022 - The current price of Yuan is $0.182047 per (YUAN / USD). Investors Have Raised $5 Million to Sue Binance Over May Meltdown And on May 19, Binance experienced a major outage which meant that, for about an hour, he was unable to exit his position. That day, bitcoin and ethereum posted their biggest one-day drops since. Coinbase CEO: Digital Yuan a Threat to U.S. Brian Armstrong, CEO of Coinbase, the largest cryptocurrency exchange in the United States, has been reaching out to powerful American officials. In his recent meetings, he has indicated that, “the U.S. will need to be a major player in crypto to stay relevant long term.”. Binance Outage: the Crypto Traders Behind the Fight for . Digital Yuan Marches Forward, Bitcoin’s Rising Power .