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Standard Chartered Bank Joins China’s CBDC Pilot Trials : All You Need to Know
Standard Chartered China has become the latest bank that has joined China’s CBDC pilot. This means that Standard Chartered Bank in the Asian nation will now allow its users to access the digital version of the Chinese Yuan.
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Hong Kong Says It's Exploring Whether to Legalise Crypto Trading by Retail Investors
Hong Kong is "back in business" and exploring whether to legalise crypto trading by retail investors, the city’s finance chief announced Monday, kicking off a week of conferences aimed at resuscitating the Chinese hub's image.
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Tether Expands Into Latin America With Peso-Pegged Stablecoin Launch
Tether has announced the launch of MXNT, a new type of stablecoin backed by Mexico’s national currency, the peso. Initially, MXNT will be available on three main blockchains – Ethereum, Tron, and Polygon.
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Cryptocurrency Ban in China Forces Some Bitcoin Miners to Flee Overseas, Others Sell Out
China's sweeping ban on cryptocurrency mining has paralysed an industry that accounts for over half of global bitcoin production, as miners dump machines in despair or seek refuge in places such as Texas or Kazakhstan.
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Cryptocurrency Miners Halt China Business After Beijing Cracks Down, Bitcoin Price Dives
Cryptocurrency mining operators, including Huobi Mall and BTC.TOP, are suspending their China operations after Beijing stepped up its efforts to crack down on Bitcoin mining and trading, sending the digital currency tumbling.
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Chinese Electric Carmaker Nio Seeks To Plug Buyers Into Lifestyle App
Shanghai-based Nio operates its own digital currency with tradeable credits that clients can gain from buying a car, attending events or even simply posting their stories on the Nio app.
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Chinese New Year 2020: Best E-Commerce Sites to Buy Products From China to Get Delivery in India
Chinese New Year 2020 celebrations will begin starting Saturday, January 25. But there are many e-commerce sites that have already started offering discounts and deals. Here are the best e-commerce sites that let you buy products from China and get their delivery in India.
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Chinese State Media Retaliates As US Brands China "Currency-Manipulator"
China's official Communist Party newspaper said on Tuesday the United States was "deliberately destroying international order", a day after Washington branded Beijing a currency manipulator in a rapidly escalating trade dispute.
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With Great Effort, China Trying To Make Yuan Dominant: Gita Gopinath
China is following a policy to make yuan the dominant currency, but currently it remains far behind the US dollar in international financial transactions unrelated to trade, Indian-American economist Gita Gopinath said.
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On Reports Of India's Plan To Print Currency In China, Centre's Response
The government on Monday rejected reports that a Chinese company has won a contract to print Indian currency.
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US Warns Against IMF Bailout For Pak That Could Help Pay Off China Loans
U.S. Secretary of State Mike Pompeo warned on Monday that any potential International Monetary Fund bailout for Pakistan's new government should not provide funds to pay off Chinese lenders.
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IMF Official Says "No Evidence" China Manipulating Currency
There is "no evidence" Chinese authorities have been intervening to move the exchange rate of the yuan, a senior International Monetary Fund official said Tuesday.
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US Treasury To Review If China Manipulated Its Currency
The United States is monitoring the recent weakness in China's yuan currency and will review whether the currency has been manipulated, Treasury Secretary Steven Mnuchin told Reuters on Friday.
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China Targets Cryptocurrencies In Online Pyramid Scheme Crackdown
Chinese regulators have moved to rein in financial risks associated with virtual currency trades and pyramid schemes
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This Man Spent Seven Years And $240 Million Waiting For A China Crash
And now he's lost his conviction: Mark Hart, who called for a more than 50 percent yuan devaluation last year, has turned bullish on China and its currency.
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Standard Chartered Bank Joins China’s CBDC Pilot Trials : All You Need to Know
Standard Chartered China has become the latest bank that has joined China’s CBDC pilot. This means that Standard Chartered Bank in the Asian nation will now allow its users to access the digital version of the Chinese Yuan.
-
Hong Kong Says It's Exploring Whether to Legalise Crypto Trading by Retail Investors
Hong Kong is "back in business" and exploring whether to legalise crypto trading by retail investors, the city’s finance chief announced Monday, kicking off a week of conferences aimed at resuscitating the Chinese hub's image.
-
Tether Expands Into Latin America With Peso-Pegged Stablecoin Launch
Tether has announced the launch of MXNT, a new type of stablecoin backed by Mexico’s national currency, the peso. Initially, MXNT will be available on three main blockchains – Ethereum, Tron, and Polygon.
-
Cryptocurrency Ban in China Forces Some Bitcoin Miners to Flee Overseas, Others Sell Out
China's sweeping ban on cryptocurrency mining has paralysed an industry that accounts for over half of global bitcoin production, as miners dump machines in despair or seek refuge in places such as Texas or Kazakhstan.
-
Cryptocurrency Miners Halt China Business After Beijing Cracks Down, Bitcoin Price Dives
Cryptocurrency mining operators, including Huobi Mall and BTC.TOP, are suspending their China operations after Beijing stepped up its efforts to crack down on Bitcoin mining and trading, sending the digital currency tumbling.
-
Chinese Electric Carmaker Nio Seeks To Plug Buyers Into Lifestyle App
Shanghai-based Nio operates its own digital currency with tradeable credits that clients can gain from buying a car, attending events or even simply posting their stories on the Nio app.
-
Chinese New Year 2020: Best E-Commerce Sites to Buy Products From China to Get Delivery in India
Chinese New Year 2020 celebrations will begin starting Saturday, January 25. But there are many e-commerce sites that have already started offering discounts and deals. Here are the best e-commerce sites that let you buy products from China and get their delivery in India.
-
Chinese State Media Retaliates As US Brands China "Currency-Manipulator"
China's official Communist Party newspaper said on Tuesday the United States was "deliberately destroying international order", a day after Washington branded Beijing a currency manipulator in a rapidly escalating trade dispute.
-
With Great Effort, China Trying To Make Yuan Dominant: Gita Gopinath
China is following a policy to make yuan the dominant currency, but currently it remains far behind the US dollar in international financial transactions unrelated to trade, Indian-American economist Gita Gopinath said.
-
On Reports Of India's Plan To Print Currency In China, Centre's Response
The government on Monday rejected reports that a Chinese company has won a contract to print Indian currency.
-
US Warns Against IMF Bailout For Pak That Could Help Pay Off China Loans
U.S. Secretary of State Mike Pompeo warned on Monday that any potential International Monetary Fund bailout for Pakistan's new government should not provide funds to pay off Chinese lenders.
-
IMF Official Says "No Evidence" China Manipulating Currency
There is "no evidence" Chinese authorities have been intervening to move the exchange rate of the yuan, a senior International Monetary Fund official said Tuesday.
-
US Treasury To Review If China Manipulated Its Currency
The United States is monitoring the recent weakness in China's yuan currency and will review whether the currency has been manipulated, Treasury Secretary Steven Mnuchin told Reuters on Friday.
-
China Targets Cryptocurrencies In Online Pyramid Scheme Crackdown
Chinese regulators have moved to rein in financial risks associated with virtual currency trades and pyramid schemes
-
This Man Spent Seven Years And $240 Million Waiting For A China Crash
And now he's lost his conviction: Mark Hart, who called for a more than 50 percent yuan devaluation last year, has turned bullish on China and its currency.
