Standard Chartered to Participate in China’s Digital Yuan Trials Standard Chartered, a British multinational bank, has announced that it will take part in trials of China’s…
Chinese Bank Connects Digital Yuan to Largest Small Commodities Market A state-owned Chinese bank, the Bank of China, has partnered with the city of Yiwu to…
Chinese Consumers Waiting for Property and Salary Increases Before Spending According to Jefferies analysts, most consumers in China are reluctant to spend money unless there is…
China and Hong Kong to Integrate Digital Yuan Payment System The People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) are currently in…
China Sells Off $491 Billion Worth of US Treasuries in 10 Years Over the last ten years, China has steadily been offloading hundreds of billions of…
Crypto News Roundup If you’ve been following the crypto space this week, you’ll know that Exchange-traded funds (ETFs) have been the hot topic. Price fluctuations, due…
US Senators Propose Ban on China’s Digital Yuan Transactions Senator Rick Scott has introduced a bill that aims to prevent U.S. financial service providers from engaging…
Chinese AI Chip Market Facing Export Restrictions The Chinese artificial intelligence (AI) chip market has been affected by export restrictions imposed by the United States in…
According to Arthur Hayes, the former CEO of BitMEX, China may be closely observing how the United States handles the pressure for a spot Bitcoin Exchange-Traded…