China Financial News
27.04 / 09:45
Janet Yellen Says Security Comes Before Economy in U.S.-China Relationship
WASHINGTON—Treasury Secretary Janet Yellen said protecting national security would be the U.S. priority in its relationship with China even if it slows economic growth, taking a hawkish stance as she pushed for more collaboration with Beijing.
27.04 / 09:45
Threat
Forget Macron, Europe and the U.S. See Eye-to-Eye on China’s Threat
In its geopolitical competition with the West, China has long sought to divide the U.S. from Europe. Last week it appeared to score a coup when French President Emmanuel Macron declared Europe wouldn’t follow the U.S.’s approach toward Beijing.
27.04 / 09:45
Strategy
U.S., Allies Weigh How to Reduce Economic Ties With China
WASHINGTON—The U.S. and its allies are grappling with how to pare their economic relationships with China, attempting to limit ties in certain sectors they view as strategic while preserving broader trade and investment flows with the world’s second-largest economy.
27.04 / 09:39
Platform
Software
Tencent
China’s WeChat to Allow More In-app CBDC Payments – Digital Yuan Pilot “Accelerates”
The Chinese tech giant Tencent has stated that its WeChat ecosystem will let users make digital yuan payments on applets and video channels.
27.04 / 04:11
business
Blockchain
Stablecoin
Adoption
us government
Congress
Circle CEO warns of active and accelerating de-dollarization
The United States must implement stablecoin legislation and digitize the U.S. dollar (USD) to mitigate the “very active de-dollarization taking place” around the world right now, says Jeremy Allaire, the chief executive of stablecoin issuer Circle.
26.04 / 21:35
Government
Law
privacy
us government
Congress
Senate
2024
Elizabeth Warren wants the police at your door in 2024
In 2022, Massachusetts Senator Elizabeth Warren authored a bill that would require cryptocurrency wallet providers to comply with bank Anti-Money Laundering rules. No crypto exchanges, mind you, but the wallets themselves. Kansas Senator Roger Marshall joined her on the proposal as a co-sponsor.
26.04 / 15:45
Blockchain
ETF
Europe
Apple
Galaxy Digital
Bitcoin
Today in Crypto: Bitpanda Joins Hands with Raiffeisenlandesbank, Galaxy Digital to Develop ETPs with DWS, China Expands CBDC on WeChat, NEAR Goes Live as Blockchain Operating System
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
26.04 / 13:11
CBDC
Digital
Ruble
Russian CBDC ‘Ready for Launch by Year’s End’ – What Effect Will Digital Ruble Have?
Russia’s central bank digital currency (CBDC) could be released before 2023 is out, the government has claimed.
26.04 / 12:13
UPS
China’s Economy Rebounds After Three Years of Zero-Covid Isolation
SINGAPORE—China’s economy rebounded in the first three months of the year after Beijing dismantled its heavy-handed Covid-19 controls, teeing up a revival in growth that is expected to buoy the global economy as the U.S. and European economies slow.
26.04 / 12:13
Janet Yellen Says Security Comes Before Economy in U.S.-China Relationship
WASHINGTON—Treasury Secretary Janet Yellen said protecting national security would be the U.S. priority in its relationship with China even if it slows economic growth, taking a hawkish stance as she pushed for more collaboration with Beijing.
26.04 / 12:13
Strategy
U.S., Allies Weigh How to Reduce Economic Ties With China
WASHINGTON—The U.S. and its allies are grappling with how to pare their economic relationships with China, attempting to limit ties in certain sectors they view as strategic while preserving broader trade and investment flows with the world’s second-largest economy.
26.04 / 12:13
boost
China’s Consumers Give Economy a Post-Covid Boost
HONG KONG—For years, economists have warned that China’s economy suffered from an imbalance that made its rapid growth unsustainable. The country was too reliant on investments and didn’t have enough consumer spending.
26.04 / 12:13
Threat
Forget Macron, Europe and the U.S. See Eye-to-Eye on China’s Threat
In its geopolitical competition with the West, China has long sought to divide the U.S. from Europe. Last week it appeared to score a coup when French President Emmanuel Macron declared Europe wouldn’t follow the U.S.’s approach toward Beijing.
26.04 / 12:07
business
BitPanda
Banks
partnership
Bitcoin
services
Bitcoin at banks: Raiffeisenlandesbank to offer crypto investment services
Raiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien), an Austrian cooperative banking company founded in 1900, is preparing to launch crypto investment services in collaboration with the Austrian crypto firm Bitpanda.
25.04 / 16:23
Hack
sanctions
lazarus group
Three North Koreans Sanctioned for Involvement in Crypto-Linked Hacking Group – Here's What Happened
The US Department of Foreign Asset Control (OFAC) has sanctioned three individuals that allegedly supported North Korea through illicit financing and malicious cyber activity.
25.04 / 14:11
25.04 / 10:33
UPS
Target
Platform
TikTok
Nike
H&M
Fintech firm Klarna overhauls its app with a TikTok-like discovery feed as A.I. hype swirls
Klarna announced a sweeping redesign of its app, adding a TikTok-inspired discovery feed powered by artificial intelligence, customized shops for social media content creators, and the ability to sell secondhand goods.
25.04 / 10:01
UPS
China’s Economy Rebounds After Three Years of Zero-Covid Isolation
SINGAPORE—China’s economy rebounded in the first three months of the year after Beijing dismantled its heavy-handed Covid-19 controls, teeing up a revival in growth that is expected to buoy the global economy as the U.S. and European economies slow.
25.04 / 10:01
Janet Yellen Says Security Comes Before Economy in U.S.-China Relationship
WASHINGTON—Treasury Secretary Janet Yellen said protecting national security would be the U.S. priority in its relationship with China even if it slows economic growth, taking a hawkish stance as she pushed for more collaboration with Beijing.
25.04 / 10:01
Threat
Forget Macron, Europe and the U.S. See Eye-to-Eye on China’s Threat
In its geopolitical competition with the West, China has long sought to divide the U.S. from Europe. Last week it appeared to score a coup when French President Emmanuel Macron declared Europe wouldn’t follow the U.S.’s approach toward Beijing.
25.04 / 10:01
Strategy
U.S., Allies Weigh How to Reduce Economic Ties With China
WASHINGTON—The U.S. and its allies are grappling with how to pare their economic relationships with China, attempting to limit ties in certain sectors they view as strategic while preserving broader trade and investment flows with the world’s second-largest economy.
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