China Expands Digital Yuan Amid Global Crypto Regulatory Shifts

Today's crypto landscape sees China pushing for the digital yuan's expansion to counter US dollar-backed stablecoin dominance. Meanwhile, South Korea plans sanctions on exchanges like BitMEX and KuCoin for unregistered operations. In market news, Bitcoin remains flat around eighty-three thousand dollars, but Binance's net taker volume hit a yearly high, signaling potential short-term bullishness. Let's get into the details.