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China says Bitcoin not a legitimate method of payment

BEIJING: China does not recognize Bitcoin and other digital currencies as legitimate forms of payment, the central bank governor, Zhou Xiaochuan, said on Friday. “We do not currently recognize Bitcoin and other digital currencies as a tool like paper money, coins and credit cards for retail payments,” Zhou told reporters on the sidelines of the annual parliament session. “The banking system does not accept it.” Read More: China looks to completely block cryptocurrency trading China has taken a string of steps in…

New British number one Edmund wants ‘legitimate’ Murray battle

LONDON: Kyle Edmund is proud to have become Britain’s top ranked tennis player but the 23-year-old says he would have preferred to have beaten Andy Murray fair and square for the honor rather than inherit it from the injured Scot. While a hip issue has kept Murray on the sidelines since Wimbledon last year, Edmund progressed to his first grand slam semi-final at the Australian Open in January and has risen to a career high 24th in the latest ATP rankings released on Monday. Three-times grand slam winner Murray, who…