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Nalezeno "china": 3699

Report Reveals Chinese Workers Converting Earned CBDC To Cash


Workers in China are not very enthusiastic about the digital money issued by the nation's central bank (CBDC). According to a research published on May 13, several employees who receive their pay in digital yuan (e-CNY) quickly turned the asset into fiat money. The post Report Reveals Chinese...

Hong Kong’s New Spot Bitcoin ETFs Attract Investors from Mainland China


The Bitcoin Asia 2024 conference highlights the recent launch of Hong Kong's spot Bitcoin ETFs, drawing significant attention from 5,500 attendees, especially investors across China’s mainland. The post Hong Kong’s New Spot Bitcoin ETFs Attract Investors from Mainland China appeared first...

IMF Official: Countries Are Reevaluating Their Reliance on the US Dollar


First Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath recently revealed that some nations are reconsidering their reliance on the U.S. dollar. Gopinath explained that this originated in the recent shocks from the coronavirus pandemic, the geopolitical situation with...

AI Predicts China Will Ban High-Energy Blockchains


We asked three AI platforms to predict the future of high-energy consumption blockchains in China, and the unanimous answer points to a ban. The post AI Predicts China Will Ban High-Energy Blockchains appeared first on Cryptonews

Analysts: Gold Rush In China Is Propping Prices Up


The interest and high demand for gold products in China is one of the factors that is propping the price of the precious metal up in international markets. Several analysts believe that the loss of confidence in traditional investment options in China, and the geopolitical factors and U.S....

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