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Big moves expected for crypto in Asia in 2025: Asia Express
3.1.2025
Trump may take aim at digital yuan’s overseas expansion, Korean institutions will remain sidelined from crypto, and more: Asia Express 2025
Big moves expected for crypto in Asia in 2025: Asia Express
3.1.2025
Trump may take aim at digital yuan’s overseas expansion, Korean institutions will remain sidelined from crypto, and more: Asia Express 2025
Big moves expected for crypto in Asia in 2025: Asia Express
3.1.2025
Trump may take aim at digital yuan’s overseas expansion, Korean institutions will remain sidelined from crypto, and more: Asia Express 2025
Big moves expected for crypto in Asia in 2025: Asia Express
3.1.2025
Trump may take aim at digital yuan’s overseas expansion, Korean institutions will remain sidelined from crypto, and more: Asia Express 2025
China Theft: Man Prosecuted for Stealing Crypto Worth 1.6 Million Yuan from Friend
3.1.2025
A court in China has prosecuted a man who stole cryptocurrency from a friend and cashed in more…
Trump’s Tariff Threat Prompts China to Consider Yuan Devaluation
12.12.2024
China’s top leaders are considering allowing the yuan to weaken in 2025 to counter potential U.S. trade tariffs under Donald Trump’s presidency. Trump plans to impose a 10% universal import tariff and a 60% tariff on Chinese imports. A weaker yuan could make Chinese exports cheaper...
Three Men in China Jailed for Illegal 30M Yuan Crypto Forex Exchange
10.12.2024
Three young men in China have been sentenced to prison and fined for using crypto to conduct illegal…
Trump Effect: Yuan Continues Free Fall as Tariff Threats Grow
5.12.2024
The tariff threats from President-Elect Trump against countries with issues with the U.S. are negatively affecting these nations’ currencies. The Chinese yuan has experienced a continuous decline, causing it to hit its lowest price in the last 15 months. Trump Tariff Threats Take Chinese Yuan...
China’s Digital Yuan Faces Uphill Battle With Corruption Scandals and Sluggish Adoption
2.12.2024
China’s digital yuan (e-CNY), once a frontrunner in central bank digital currencies (CBDCs), faces challenges including corruption scandals and slow adoption due to entrenched online payment giants like Alipay and Wechat Pay. The downfall of Yao Qian, a leading architect of the e-CNY, over...
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
1.11.2024
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
1.11.2024
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
1.11.2024
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now
BIS Considers Ending Mbridge Project Over BRICS Connections, but Is It Too Late?
30.10.2024
While conversations about ending the CBDC-enabled international settlements project have focused on its links to BRICS, Mbridge has already reached the MVP stage, and members could choose to continue it without support from the BIS. BIS Considers Ending Mbridge Project, BRICS Countries Could Use...
With Net Worth 135 Billion Yuan, Binance’s CZ Is 16th on the Hurun Rich List
29.10.2024
On October 29, Hurun Research Institute released the latest “2024 Hengchang Shaofang Hurun Rich List”, which also features…
China’s Digital Yuan and BRICS’ Blockchain Move Against the Dollar
25.10.2024
The BRICS summit just concluded. China and the BRICS bloc are advancing significant projects to reduce their reliance…
JPMorgan’s Bold Call: Why Carry Trades May Be Facing Their Final Days
22.10.2024
A new JPMorgan report warns that carry trades are losing effectiveness as global interest rates decline, urging investors to be more selective with currency risks. The Japanese yen has lost appeal after unexpected rate hikes, while the Swiss franc carries potential bullish risks. JPMorgan suggests...
Digital Ruble and Sanctions: Expert Analyzes Russia’s Digital Currency Plan to Evade Western Control
19.10.2024
A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the digital ruble, Russia’s central bank digital currency (CBDC), highlighting its potential role in reshaping Russia’s financial landscape amid sanctions. While the digital...
Russia-China Trade Grows Despite Global Challenges, Putin Highlights
2.10.2024
Russian President Vladimir Putin marked the 75th anniversary of the People’s Republic of China by praising the solid partnership between Russia and China. He emphasized the resilience of their economic relationship and increasing trade despite international challenges. Putin also highlighted...
US License Expiration Imperils Russia-China Trade in Chinese Yuan
29.9.2024
A U.S. license allowing transactions with key players in Russia’s financial system expires on Oct. 12. This could make it harder and more expensive for Russian businesses to trade with China in yuan. The yuan is currently the most traded foreign currency in Russia after Western sanctions...
Hong Kong’s Crypto Securities Activities Revenue Was $77M Yuan in Q1 2024
26.9.2024
Hong Kong‘s crypto activity in the securities industry has generated a revenue of $77 Million Yuan in the…