China

China’s $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets

According to records, China has divested $53.3 billion in U.S. Treasury… More…

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Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users

In a significant move towards enhancing digital currency use, Hong… More…

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Russia and China Vow to Stand Together Against U.S.

Amidst escalating global tensions, Russia and China are tightening… More…

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Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets

The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person… More…

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Hong Kong debuts China’s digital yuan pilot, prohibits peer-to-peer transfers

China’s central bank digital currency is now available in Hong Kong,… More…

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Bitcoin moves toward range highs but derivatives traders watch from the sidelines

Bitcoin price showed strength near its medium-term range high but… More…

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Chinese police bust $1.9B USDT underground banking racket

The authorities destroyed two underground operations in Fujian … More…

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Biden Shuts Down Chinese-Backed Crypto Mine Near Nuke Missile Base

United States President Joe Biden has ordered the shutdown and sale… More…

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Digital yuan being dumped in favor of cash

While Beijing is trying to popularize its digital yuan, only a few… More…

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Biden orders removal of Chinese-owned crypto miner near missile base

Entities owned by Chinese nationals “might take action that threatens… More…

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