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Nalezeno "China": 3699

Trump Reaffirms Support for Crypto, Plans to Launch 4th NFT Collection


Former U.S. President and presidential candidate Donald Trump has reaffirmed his support for cryptocurrency, emphasizing: “If we don’t do it, China is going to pick it up” and dominate the industry. He revealed that he will launch another non-fungible token (NFT) collection. He stressed...

China and Kazakhstan Sign CBDC Collaboration Agreement


The People’s Bank of China and the National Bank of Kazakhstan have signed an agreement to collaborate on central bank digital currencies (CBDCs). This collaboration agreement, formalized during President Xi Jinping’s visit to Kazakhstan, aims to enhance CBDC research through joint...

China Halts Gold Buying for Second Consecutive Month


China’s central bank, the People’s Bank of China (PBOC), has paused its gold accumulation for the second consecutive month, keeping its reserves steady at 72.8 million troy ounces. This pause ends an 18-month streak of continuous gold purchases that began in November 2022...

Putin on Dedollarization: 80% of Russia-China Trade in Rubles and Yuan


Russian President Vladimir Putin highlights economic integration and dedollarization at the Shanghai Cooperation Organisation (SCO) Heads of State Council meeting, chaired by Indian Prime Minister Narendra Modi. “We are making wider use of national currencies for mutual settlements,”...

Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US


Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong Kong University of Science and Technology (HKUST), criticized China’s cryptocurrency mining ban during a panel discussion in Hong Kong last week. He called the decision...

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