China’s XI Reveals Plans for Yuan to Become ‘Powerful’ and Attain Reser…
In recent developments, china’s President Xi Jinping advocates for a strong currency that will allow the country to challenge the dollar’s dominance in international trade and rival its position as a global…
China Fixes Strong Yuan, Bets on Continued Weak‑Dollar Policies
In recent developments, china has fixed the yuan at its strongest level since 2023, betting on continued U.S. policy that keeps the dollar weak. According to Xinhua, the currency has…
Groundbreaking: China to Pay Interest on Digital Yuan Deposits in Adoption Push
In recent developments, as part of its plan to accelerate the “construction of a financial power” and develop the digital yuan, the Central Bank of China has announced that it…
Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds
In recent developments, the bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government. Looking closer, market participants highlight…
Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds
In recent developments, the bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government. Looking closer, market participants highlight…
Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds
In recent developments, the bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government. Looking closer, market participants highlight…
Bitcoin’s Price Floor Gives Way as $78K Support Collapses
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