The former chief of China’s central bank digital currency initiative has left the role to lead the country’s central securities clearing house. Bitcoin’s price spiked by 11 percent in just two hours on Monday, climbing above $6,900 for the first time in a month. U.S. regulator FinCEN is urging domestic exchanges to prevent Iran from using cryptocurrency to bypass economic sanctions. A fake news site used images of New Zealand’s prime minister in sponsored posts on Facebook to promote a bitcoin firm. Bithumb, the largest crypto exchange in South Korea by trading volume, just confirmed it has sold over 38 percent of its shares for $350 million.