Why Did China Take a Hardline Stance on Stablecoins, Declaring Them Illegal, While the U.S. and Europe Opted for Regulation?
Last Friday, the People’s Bank of China, the central bank of the world's second largest economy, convened a meeting on...
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China To Intensify Crackdown on Virtual Currencies, Including Stablecoins: Report
Mainland China has reiterated its anti-crypto stance, vowing to intensify its crackdown on speculation in virtual currencies, according to a...
Indian investments in gold ETFs third highest in October
Investments into physically-backed gold exchange-traded funds (ETFs) by Indians were the third highest in October, even as investors in the...
Why is China printing currency for several countries, including Nepal? – Firstpost
India’s Security Press in Nashik was printing Nepal’s currency for decades. However, since 2015, Kathmandu has been awarding its currency...
IMF Issues ‘Currency Risk’ Warning As Countries Swap US Dollar Loans Into Yuan: Report
The International Monetary Fund (IMF) just issued a warning to countries converting their dollar loans from China into yuan. The...
Chinese ‘cryptoqueen’ fraud jailed in UK over $9b Bitcoin laundering scheme
The mastermind of a vast Ponzi scheme in China has been jailed in Britain for over 11 years for laundering...
Russia, China conduct over 99% of trade in national currencies, says official
ISTANBULRussia and China now carry out 99.1% of their trade settlements in national currencies, Russian Finance Minister Anton Siluanov said...
Ringgit ends firmer on improved risk sentiment as US-China trade tensions ease
KUALA LUMPUR: The ringgit ended firmer against the greenback and major currencies today, supported by improved risk sentiment following the...
Yen weakens as BOJ offers few rate clues; investors indecisive after Trump-Xi deal
By Rae Wee SINGAPORE (Reuters) -The yen fell on Thursday after the Bank of Japan (BOJ) left rates unchanged, while...
Santa Clara’s Nvidia is now worth more than $5 trillion, and the stock markets of many nations
Nvidia Corp. achieved a historic $5 trillion market capitalization on Wednesday as Chief Executive Officer Jensen Huang’s spree of deals...
