Circle Co-founder Jeremy Allaire Pitches Yuan-backed Stablecoins in China!
Jeremy Allaire, CEO of Circle, believes that stablecoins pegged to the Chinese yuan could be a better option for the Chinese government’s goal of...
“Presidential Rebuke: Chinese President Criticizes CBDC Development!”
During the SCO summit, Chinese President Xi Jinping welcomed Iran as a full member and Belarus’ decision to join. He also highlighted the...
Shifting Tides: Central Bank Shake-Up Dampens Hopes for Cryptocurrency Policy Reversal...
The People's Bank of China (PBoC) has appointed Pan Gongsheng, a known crypto-critic, as the Communist Party's top official. Pan Gongsheng is set to...
DBS Bank Goes Digital: Launches New Payment System to Embrace e-CNY!
DBS Group China, the mainland subsidiary of Singapore-based DBS Bank, has launched a new payment solution to support China's digital yuan (e-CNY). This solution...
Rise of Pan Gongsheng: PBOC’s Financial Technocrat Takes Charge Amid Growing...
China has appointed financial technocrat Pan Gongsheng to a top political post at the People's Bank of China (PBOC), signaling growing concerns within the...
Yuan Plunge: BRICS Prepare for Turbulence Ahead!
The yuan, China's currency, is on the brink of a 15-year low, sending reverberations through the BRICS alliance. This economic coalition, comprising Brazil, Russia,...
Cryptoquake Alert: China’s Impact Looms Large over the Price of Bitcoin,...
Jeremy Allaire, CEO of the stablecoin issuer Circle, has said that there is "enormous demand" for digital assets in emerging markets, with China and...
Financial Stability: RBI Warns of Stablecoin Threats to EMDEs–Crypto Tax Tips...
As the Reserve Bank of India (RBI) took up its rotating presidency of the G20 this year, it has sought to shape the global...
Yuan Surger: China’s Currency Shifts Gears!
The Chinese government has set a stronger-than-expected trading band for its currency, the yuan, and state banks have sold dollars against it in the...
China Capitalizes on US Crypto Crackdown for Digital Finance Control
China is in a strong position to dominate the future of money and finance, thanks to its special administrative region in Hong Kong and...