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As the People’s Bank of China seeks a bigger role for the yuan on the global stage, ignoring stablecoins could put the ...
Falling currency value can reshape a nation’s economy in surprising ways. Watch this video to understand the effects using ...
China and Egypt signed a memorandum of understanding (MoU) on Thursday to enhance bilateral financial collaboration, ...
A Shanghai regulator reportedly held a rare meeting on stablecoins and cryptocurrencies. This comes in when the crypto market ...
Foreigners held US$606 billion worth of Chinese bonds in May, or about 3 per cent of the local-currency debt market.
Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade ...
US dollar index posts steepest first-half decline since 1973 amid trade fragmentation and geopolitical tensions ...
For now, US dollar-denominated stablecoins account for more than 99 per cent of the global market, reflecting its role as the ...
HONG KONG: China’s yuan held near a two-week low against the US dollar on Wednesday as US President Donald Trump’s renewed ...
One of the agreements was signed between Suez Canal Bank, TEDA China-Africa Investment Co., and CIPS Co. Ltd., the operator ...
In his wildest dreams, Chinese leader Xi Jinping and his designs on currency domination couldn’t have imagined a better foil ...
The two firms propose China allow the launch of stablecoins in Hong Kong pegged to its offshore yuan to help promote global ...