China Financial News
21.04 / 20:13
Stablecoin
Payments
regulation
coinbase
us sanctions
regulatory
Lack of regulatory clarity on payment solutions could undermine US sanctions, says expert
According to former Department of State official Anja Manuel, if the United States isn’t able to maintain its dominance in financial innovation and payments, it could affect its national security policy, specifically on sanctions.
21.04 / 19:31
business
Trading
Venture Capital
Bankruptcy
3AC founders' OPNX exchange claims to be funded by AppWorks, SIG, MIAX Group
OPNX, an exchange jointly founded by members of the Three Arrows Capital (3AC) and Coinflex teams, has revealed the venture capital firms purportedly backing it. An April 21 video posted by the company featured CEO Leslie Lamb thanking some of the major backers of the project, including AppWorks, Susquehanna (SIG), DRW, MIAX Group, China Merchant Bank International, and Token Bay Capital.
21.04 / 16:33
business
Binance
FTX
Spreading misinformation about Changpeng Zhao 'was the norm' for SBF, says Binance CSO
Former FTX chief executive officer Sam Bankman-Fried used Twitter and other means to spread "fake rumors" about Binance chief executive officer Changpeng Zhao, according to Patrick Hillmann.
21.04 / 10:13
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.
21.04 / 10:13
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.
21.04 / 10:13
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.
21.04 / 10:13
Chinese Exports Surge as Trade With Russia and Southeast Asia Jumps
HONG KONG—China’s exports bounced back sharply in March, a surprise that reflects greater demand in Asia and Europe as well as improved supply chain conditions.
21.04 / 09:21
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.
21.04 / 05:19
UPS
Citi
Target
CEO
Volkswagen
Highways
end
Volkswagen takes on China's EV market with a higher-end car and $1 billion investment
BEIJING — German automaker Volkswagen is investing about $1 billion in China for electric car development, and releasing a vehicle targeted at a higher end of the market.
21.04 / 00:43
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.
20.04 / 14:43
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.
20.04 / 13:31
CBDC
Adoption
regulation
Banks
Central Bank
banking
foreign
Foreign trade and pensions: What’s next for Russia’s CBDC project?
The pilot for Russia’s central bank digital currency (CBDC) pilot should have been launched on April 1, but it was delayed at practically the last moment due to the slow pace of the necessary associated legislation passing through parliament.
20.04 / 13:09
Blockchain
COST
UPS
Ethereum
Provident
Strategy
Enterprise
Conflux and Accseal Announce Partnership to Advance Zero-Knowledge Technology
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
20.04 / 10:15
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.
20.04 / 10:15
Cooper
Janet Yellen to Say Security Comes Before Economy in U.S.-China Relationship
WASHINGTON—Treasury Secretary Janet Yellen plans to say Thursday that the U.S.’s policies toward China will give priority to addressing national-security concerns over preserving economic growth.
20.04 / 07:55
Provident
Twitter
Digital
Platform
Software
TikTok
Bitcoin
Twitter Rolls Out Bitcoin Price Quotes
The addition of Bitcoin price quotations to Twitter's social media platform occurred around the 18th of April. The price quotations are provided by the charting platform TradingView, however they are only accessible for the price of Bitcoin. Price quotes for other major cryptocurrencies are not provided. The accompanying Bitcoin price chart includes a link that users may use to purchase or sell Bitcoin on the Israeli cryptocurrency market known as eToro. In addition, a caution that reads «Your Capital Is At Risk» is shown beside the chart that displays the price of bitcoins.
19.04 / 23:57
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.
19.04 / 23:57
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.
19.04 / 23:57
Chinese Exports Surge as Trade With Russia and Southeast Asia Jumps
HONG KONG—China’s exports bounced back sharply in March, a surprise that reflects greater demand in Asia and Europe as well as improved supply chain conditions.
19.04 / 23:53
business
coinbase
exchanges
week
Coinbase gets Bermuda license, offshore exchange could launch next week: Report
United States-based cryptocurrency exchange Coinbase has received a license to operate in Bermuda and it's reportedly set to launch a derivatives exchange based there as soon as next week.
19.04 / 23:13
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.
latest developments in China
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