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Binance to Launch Fiat-to-Crypto OTC for Chinese Yuan in October
19.9.2019
Binance confirms plans to roll out its over-the-counter trading platform for Chinese yuan in October
Facebook Adds Singapore Dollar to Libra Crypto Basket: Report
10.9.2019
Facebook reportedly included the Singapore dollar but not the Chinese yuan in an updated list of currencies meant to back the Libra stablecoin
Facebook ‘May Omit’ Yuan from Libra Reserve, Tether’s CNH-pegged Coin
10.9.2019
Facebook seems unlikely to include the Chinese yuan in the basket of fiat currencies that will underpin its forthcoming Libra token.
The company outlined its stance in a written response to “concerns” voiced by American Senator Mark Warner, who believes China may “push” the Libra Association...
Report: Libra Stablecoin Tied to Major Currencies, Maybe Not Yuan
10.9.2019
Facebook has reportedly provided the U.S. Senate with details regarding the backing reserves for its Libra stablecoin
Tether Launches New Stablecoin Pegged to Offshore Chinese Yuan
9.9.2019
Tether announced that is launching a new stablecoin pegged to the offshore Chinese yuan
Tether Launches Chinese Yuan-Pegged Stablecoin on the Ethereum Blockchain
9.9.2019
Tether has launched its Chinese yuan-backed stablecoin, which it revealed will run on the ethereum blockchain as an ERC-20 token
Bitcoin-Yuan Divergence Reached New Heights
6.9.2019
Bitcoin-yuan divergence reached new heights, once again fueling speculations that Chinese are possibly seeking safety in the world's largest decentralized cryptocurrency.
Bitcoin and yuan have been going to different directions for a while now, and their inverse correlation has reached a record...
Bitcoin Hit Record Inverse Correlation to Chinese Yuan in Past Week
6.9.2019
Weakening Chinese yuan leads to higher Bitcoin prices and Asian premium
HSBC Used Voltron Blockchain in a Letter of Credit Transaction Using Yuan
3.9.2019
On Tuesday, HSBC used the technology of the Voltron blockchain platform and completed a transaction between Hong Kong’s MTC Electronics, sending LCD parts to its parent company in Shenzhen. It was a letter of credit transaction, done using Chinese renminbi (Yuan). Letters of credit or bankers...
Tether Mulls Commodity-Backed Stablecoin to Cut Bank Risk: Report
3.9.2019
Bitfinex shareholder Zhao Dong claims Tether will release a version of its stablecoin pegged to commodities such as gold, crude oil and rubber
HSBC Targets China Trade With Yuan-Demoninated Blockchain Letter of Credit
3.9.2019
HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan
HSBC Completes First Blockchain Letter of Credit Transaction in Yuan
2.9.2019
HSBC conducted the first blockchain-based yuan-denominated letter of credit transaction using R3’s Corda-powered Voltron platform
Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
31.8.2019
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong...
Yuan Weakness Forces Tesla To Raise the Prices of Its Cars in China
30.8.2019
It has been a bit an up and down year for Tesla so far as the company recovered from an abysmal start to the year by eventually posting record deliveries in the second quarter. However, the challenges that the company has been facing over the course of the past quarters have proven to be highly...
Report: No Bank Account Needed to Transfer China’s Upcoming CBDC
30.8.2019
The upcoming China CBDC will be available to users without bank accounts, says Binance Research
Tether to Issue Stablecoin Backed by Chinese Yuan in Belgian Bank: Insider
21.8.2019
Tether is planning to issue a new stablecoin backed by Chiense yuan held in a bank in Belgium, says Bitfinex shareholder Zhao Dong
Tether Plans to Issue CNHT — A Chinese Yuan-Pegged Stablecoin
21.8.2019
A Chinese yuan-backed stablecoin is on the horizon for Tether
Digital Yuan: Weapon in US Trade War or Attempt to Manipulate Bitcoin?
9.8.2019
Six years after beginning to research digital technologies, China has finally decided to accelerate the development of a state cryptocurrency
Currency War Erupts as US and China Bring Out the Big Guns
6.8.2019
What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people...
Market Outlook: Trade Wars and Filthy Fiat Battles Fuel Crypto Prices
5.8.2019
A slew of digital currencies have gathered decent gains over the last 48 hours and the entire market capitalization now stands at around $308 billion. Moreover, cryptocurrency trade volumes have kicked up a notch, capturing $66 billion in swaps over the last day. Overall, speculators think...