Fantom Token Jumps; Dolce & Gabbana Sued for NFT Deliveries

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'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Fantom blockchain's FTM token rose 13% in the past week, outperforming the broad market CoinDesk 20 Index. Plus, Hong Kong is expanding the cross-border digital yuan pilot.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Fantom blockchain's FTM token rose 13% in the past week, outperforming the broad market CoinDesk 20 Index.Phantom's FTM Token rises on an upgrade and Dolce and Gabbana sued over its NFT project. You're watching Coin Desk daily. I'm your host, Jen Sani, the Phantom Blockchains. FTM is one of the best performing non meme tokens of the past week.

The digital Un pilot adopters can now set up the ecny wallets with just a phone number and pay merchants directly from those wallets without a mainland bank account. However, the wallets cannot be used for person to person transfers. That's according to a press release from the Hong Kong Monetary Authority, China and Hong Kong have been conducting cross border digital Un trials since late 2021.

 

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