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Woman Featured On China's "One-Yuan Banknote" Found After 50 Years
Shi mentioned that her family never used this identity to seek government aid or any other benefits.
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Hong Kong’s Securities Regulator Approves First Spot Solana ETF
Hong Kong has approved its first spot Solana ETF, becoming the first Asian market to do so ahead of the US. The ChinaAMC Solana ETF will trade in both Chinese yuan and US dollars, with a minimum investment of about $100 (roughly Rs. 8,800). This builds on prior approvals for Bitcoin and Ethereum ETFs, expanding regulated crypto investment options f...
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China Considers Yuan-Backed Stablecoins To Boost Currency Usage: Report
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets.
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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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Russia Could Buy Yuan, Rupees, Turkish Lira For Rainy Day Fund
Russia is considering buying the currencies of "friendly" countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars or euros due to sanctions, the central bank said on Friday.
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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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China's Central Bank Expands Digital Yuan Trials to Include More Major Cities
China's central bank has stated that it will further expand a pilot scheme of its digital currency to more areas, including cities in the eastern Zhejiang province which is set to host the Asian Games later this year.
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US Removes Currency Manipulator Label On China Ahead Of Trade Deal
The United States on Monday removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the two economic powers after nearly two years of conflict.
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China Further Weakens Yuan Rate Against Dollar As Currency Row Simmers
China's currency weakened further against the dollar as the central bank lowered the yuan's daily reference rate again amid a deepening currency row between Beijing and Washington.
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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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Woman Featured On China's "One-Yuan Banknote" Found After 50 Years
Shi mentioned that her family never used this identity to seek government aid or any other benefits.
-
Hong Kong’s Securities Regulator Approves First Spot Solana ETF
Hong Kong has approved its first spot Solana ETF, becoming the first Asian market to do so ahead of the US. The ChinaAMC Solana ETF will trade in both Chinese yuan and US dollars, with a minimum investment of about $100 (roughly Rs. 8,800). This builds on prior approvals for Bitcoin and Ethereum ETFs, expanding regulated crypto investment options f...
-
China Considers Yuan-Backed Stablecoins To Boost Currency Usage: Report
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets.
-
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.
-
Russia Could Buy Yuan, Rupees, Turkish Lira For Rainy Day Fund
Russia is considering buying the currencies of "friendly" countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars or euros due to sanctions, the central bank said on Friday.
-
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.
-
China's Central Bank Expands Digital Yuan Trials to Include More Major Cities
China's central bank has stated that it will further expand a pilot scheme of its digital currency to more areas, including cities in the eastern Zhejiang province which is set to host the Asian Games later this year.
-
US Removes Currency Manipulator Label On China Ahead Of Trade Deal
The United States on Monday removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the two economic powers after nearly two years of conflict.
-
China Further Weakens Yuan Rate Against Dollar As Currency Row Simmers
China's currency weakened further against the dollar as the central bank lowered the yuan's daily reference rate again amid a deepening currency row between Beijing and Washington.
-
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.
