China Financial News
12.01 / 15:37
UPS
restrictions
fall
China Inflation Picks Up as Covid-19 Restrictions Fall
SINGAPORE—Inflation in China picked up in December and is expected to accelerate further in the months ahead as the economy revs up following Beijing’s abrupt dismantling of its zero-tolerance measures to contain Covid-19.
12.01 / 15:27
CEO
CEOs Say They Expect a U.S. Recession, but Most Think It Will Be Short
Top executives in much of the world are preparing for an economic downturn that is shorter and milder than usual, so they are focused on weathering the slowdown without widespread job cuts, a new survey found.
12.01 / 05:23
Adoption
Bitfinex
Backed
El Salvador passes landmark crypto bill, paving way for Bitcoin-backed bonds
El Salvador has passed landmark legislation providing the legal framework for a Bitcoin-backed bond — known as the “Volcano Bond” — which will be used to pay down sovereign debt and fund the construction of its proposed “Bitcoin City”.
11.01 / 23:49
business
CBDC
Central Bank
China's central bank includes digital yuan in report on currency circulation
The People’s Bank of China, or PBoC, has begun including the country’s central bank digital currency, the e-CNY, in reports measuring the amount of currency in circulation.
11.01 / 21:37
markets
Ethereum
Grayscale
pricing
A key change in Ethereum options pricing hints that ETH price could rise beyond $1,350
Ethereum price (ETH) gained 10.2% from Jan. 4 to Jan. 10, breaching the $1,300 resistance without much effort, but has the Ether price move cast a light on whether the altcoin is ready to begin a new uptrend.
11.01 / 20:11
European Union
Police
Ukraine war: Poland to send Kyiv 'a company of Leopards' and six other top developments
Poland has decided to send Leopard tanks to Ukraine as part of an international coalition, the Polish president said on Wednesday, as Warsaw seeks to play a leading role in reaching a consensus among Western allies on such support.
11.01 / 17:19
Digital Yuan Pilot Expands into Wealth Management, Securities & Education
The central People’s Bank of China (PBoC)’s digital yuan is set to expand into the world of wealth management – and has also broken new ground in the field of education.
11.01 / 15:45
'Biggest crime since Holocaust': British MP suspended over COVID vaccine comments
A British politician has been censured by his party for comparing the UK's COVID-19 vaccine rollout to the Holocaust.
11.01 / 13:29
Paris station knife attack: At least six people injured and suspect shot
A man wielding a bladed weapon attacked and wounded six people at the Gare du Nord train station in Paris on Wednesday morning, leaving one with serious injuries, before being shot by off-duty police officers, authorities said.
11.01 / 11:43
Royal Family
Russian mercenaries battle Ukrainian resistance in Soledar
The battle for Soledar raged in freezing temperatures on Wednesday, with Russia's mercenary Wagner Group claiming to have taken control of the eastern Ukrainian salt mining town, as its fighters poured fire on a pocket of resistance in the centre.
10.01 / 21:45
pension
reform
Pension reform in France: Which countries have the lowest and highest retirement ages in Europe?
The French government unveiled its pension reform on Tuesday, raising the retirement age from 62 to 64 by 2030.
10.01 / 19:09
Stablecoin
CFTC
SEC
Framework
regulatory
Today in Crypto: Expelled Chinese Communist Party Official Shamed on TV for Supporting Crypto Mining, Nigeria Considering a Regulatory Framework for Stablecoin Implementation
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
10.01 / 08:47
Law
Ban
Asia
Internet
Crypto Websites
Nepal regulator orders ISPs to block crypto websites or face the law
Nepal’s telecommunications regulator has ordered the country's internet service providers (ISPs) to block all cryptocurrency trading websites, threatening legal action against those that fail to comply.
10.01 / 07:17
Digital
Strategy
Валюта
Terra Luna
5 Crypto Trends for 2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
10.01 / 05:07
Adoption
Central Bank
settlement
Russia to begin work on CBDC settlement system in Q1 as sanctions endure: Report
Russia’s central bank is reportedly set to begin developing a cross-border settlement system using its Central Bank Digital Currency (CBDC) amid ongoing sanctions in response to its invasion of Ukraine.
09.01 / 22:49
Law
Mining
regulation
CCP
Former CCP official apologies for 'grave losses' as a result of supporting crypto miner: Report
Xiao Yi, the former Chinese Communist Party secretary of Fuzhou, has confessed to “acting recklessly” in support of crypto mining during a state-run television broadcast.
09.01 / 14:29
Adoption
Digital
Bitcoin
Russians Set to ‘Turn to Crypto En Masse’
A Russian professor has claimed that “mass” crypto adoption is on its way in the country – with interest in digital versions of the Chinese yuan and the ruble also spiking.
09.01 / 14:29
cryptocurrency
Adoption
Financial
Hong Kong’s Financial Secretary Doubles Down on Crypto Hub Positioning Despite Crypto Winter
Paul Chan, Hong Kong's Financial Secretary, said that, despite the ongoing market downturn, the city would continue to work toward becoming a major crypto hub, attracting businesses from across the world.
08.01 / 13:13
CES
Time
China welcomes overseas visitors for the first time in three years
China has lifted quarantine requirements for inbound travellers, ending almost three years of self-imposed isolation.
07.01 / 20:05
business
Donations
FTX
Bankruptcy
Fried
Sam
Sam Bankman-Fried's charitable donations sought by FTX: Report
FTX's new management is seeking to recover millions of dollars in donations made by the crypto exchange and its former CEO Sam Bankman-Fried, reports the Wall Street Journal.
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