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AUD/USD September High While APAC Traders Eye China’s Lending Rates


The financial market seems to be picking up pace as the Australian Dollar surged against the USD overnight. The progress took place after Wall Street traders went back to their risk-taking stance.  The development helped the DJIA (Dow Jones Industrial Average) close to 0.54% higher. After...

Moscow Not Planning to Ban Russians From Buying Crypto Abroad


Russia is not going to follow China’s course and does not plan to ban its citizens from purchasing cryptocurrency on foreign exchanges, a high-ranking government official has indicated. Russians will not be able to pay with digital coins in their own country but are free to use crypto...

US Becomes Largest Bitcoin Mining Hub After China's Miner Exodus


Following China’s crackdown on Bitcoin (BTC) mining earlier this year, the US has officially become the largest Bitcoin mining hub, followed by Kazakhstan and Russia, researchers at Cambridge University have found. ... Read More: US Becomes Largest Bitcoin Mining Hub After China's Miner Exodus

China Ready to Get Tough with Crypto Crackdown Enforcement


the central People’s Bank of China (PBoC) and called on companies in the country to take punitive measures against crypto-trading customers. It also warned overseas platforms targeting Chinese customers that they could face penalties.Similar statements have been made in the past, but the cryp

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