Starbucks has announced that it is partnering with the Polygon blockchain project and unveiled the company’s Web3 technology called Starbucks Odyssey. The platform offers Starbucks rewards members and corporate employees in the United States the opportunity to earn NFT assets.
Canada’s main opposition party, the Conservative Party, has elected a pro-bitcoin (BTC) leader. Ontario MP Pierre Poilievre has previously called on Canadians “to be free to use other forms of money, such as bitcoin” because he said the government had “ruined” Canada’s fiat dollar.
The People’s Bank of China pushed for expanding the range of use cases for the central bank’s digital currency. The monetary authority believes that greater linkage with traditional electronic payment platforms will make the digital yuan more convenient for consumers.
Huobi has announced that it will remove the privacy coins monero (XMR), dash (DASH), ZCash (ZEC) and other similar cryptocurrencies. The company said in an official release that it would immediately cease all operations with the coins – except withdrawals – and noted that it had updated its listing policy. Huobi stated that it “strictly adheres to the compliance policies of every country and region” and that it has “always” strived to “protect our users’ assets”. Several countries have banned domestic exchanges from processing XMR and other coins, alleging they can be used to fund money laundering.
Rap star Jay-Z and Block CEO Jack Dorsey delivered $1,000 worth of bitcoin sent to Cashapp or Munn wallets to members of the Brooklyn Bitcoin Academy. Jay-Z’s mother, Gloria Carter, explained in a statement that numerous residents of Bedford-Stuyvesant, Brooklyn, participated and that more than 350 people attended the crypto education classes.
