Bitcoin is trading 32% below the record high it set one year ago, a decline that would qualify as a crash in traditional markets but stands as one of the shallowest post-peak slides in the cryptocurrency's history.
Better Markets, a nonprofit financial reform advocacy group, is warning that the Commodity Futures Trading Commission is the wrong agency to regulate retail cryptocurrency transactions.
Amazon Web Services (AWS), the cloud computing division of American tech giant Amazon, announced on October 2 that it will invest more than $1 billion (approximately 6.714 billion yuan) over the next five years in communities across the United States where its data centers are located, in an effort to alleviate the pressure that data centers place on local water and electricity resources as well as public utilities.