China Financial News
08.04 / 10:41
CBDC
Adoption
WeChat
WeChat Pay to Offer Digital Yuan Payment Options as China’s CBDC Pilot Expands
The Chinese e-pay platform WeChat Pay has unveiled a digital yuan interoperability solution that will allow users of the service to make payments in the central bank-issued token.
08.04 / 10:19
UPS
Digital
Janet Yellen says a US digital dollar will take years, ‘not months,’ to develop
WASHINGTON — US Treasury Secretary Janet Yellen said the design and development of a digital dollar would likely take years if the US chose to create one, while outlining the various questions the Biden administration is weighing as it considers ways to make payments faster in the US.
07.04 / 23:19
markets
fees
Bitcoin
Bears
Bears have a $100M reason to keep Bitcoin price under $45K until Friday’s options expiry
Some analysts argue that Bitcoin (BTC) rallied too fast and too soon and the weakness that we see today is a result of that. Currently, a new Covid variant has caused the Chinese government to implement severe restrictions on Shanghai and other major cities and persistent regulatory concerns continue to weigh down on sentiment within the crypto sector.
07.04 / 21:13
UPS
Digital
Crypto-Like Digital Dollar at Least Several Years Away, Yellen Says
WASHINGTON—Treasury Secretary Janet Yellen said the design and development of a digital dollar would likely take years if the U.S. chose to create one, while outlining the various questions the Biden administration is weighing as it considers ways to make payments faster in the U.S.
07.04 / 17:01
NOT
Why Wol Kolade is looking at China and Taiwan, not Russia and Ukraine
As the crisis in Ukraine deepens, Wol Kolade, the boss of mid-market private equity firm Livingbridge, fears that the Russian invasion could embolden China to make a similar bid for Taiwan.
07.04 / 15:01
cryptocurrency
Digital
cryptocurrency news
Bitcoin
US Treasury Secretary Janet Yellen To Call For Better Regulation On Cryptocurrencies
US Treasury Secretary Janet Yellen may call for greater regulation of cryptocurrencies
07.04 / 14:19
Covid compromise: Would you tolerate snoring co-workers or brush your teeth next to the boss?
HONG KONG — The Covid-19 pandemic forced many people to learn to work from home. In China’s financial centre, it is now the opposite challenge: learning to live — round the clock — at the office.
06.04 / 23:17
Lowe's
Binance
Platform
Bitcoin
Low
Binance.US Review 2022: Low Fees, But Investors Should Take a Pass
No matter where you buy it, cryptocurrency is a highly volatile, speculative investment. Only invest in crypto what you’re prepared to lose, and make sure you have other financial priorities in place first: save money in an emergency fund, contribute to retirement savings, and pay off any high-interest debt balances.
06.04 / 09:33
Citi
Southern
services
China’s Services Sector Posts Steepest Decline Since Pandemic’s Start
SINGAPORE—Activity in China’s services sector tumbled in March at its fastest pace since the onset of the Covid-19 pandemic, as lockdowns aimed at smothering outbreaks in major cities kept millions at home and pummeled consumer spending.
05.04 / 15:19
05.04 / 13:31
Adoption
NFT
Starbucks
Non-fungible tokens
Coffee Giant Starbucks Aims to Enter NFT Business
Starbucks, an American multinational chain of coffeehouses, aims to enter the non-fungible token (NFT) business by the end of the year.
04.04 / 20:05
04.04 / 18:33
Stablecoin
Adoption
Binance
UK's Global Crypto Hub Goal, Intel's 'Major Role' in Bitcoin Mining, KuCoin's NFT Move + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
04.04 / 15:33
Twitter
Starbucks
Tesla
Stocks making the biggest moves in the premarket: Twitter, Tesla, Starbucks and more
Take a look at some of the biggest movers in the premarket:
04.04 / 15:29
cryptocurrency
Tesla
Coronavirus
Weekend
Weekend Crypto Trading Offers Clues to Stock Investors as Tesla Faces Shanghai Lockdown
The predictive power of tokenized stocks that are traded 24/7 is finally receiving the attention of Wall Street and the financial media, after Tesla’s stock tokens signalled bullishness among traders despite a difficult weekend for the electric car maker.
02.04 / 08:27
Blockchain
The world has synchronized on Russian crypto sanctions
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.
02.04 / 00:37
Health
Energy
Fire
Ukraine denies Russian claims that its helicopters struck a fuel depot in Belgorod
Russia claims that a fire that broke out at a fuel depot in the city of Belgorod early on Friday was the result of an attack by two Ukrainian military helicopters.
02.04 / 00:05
markets
Bitcoin
Bitcoin Price
Bitcoin recovers the $46K level, but several factors could prevent a stronger breakout
After dropping below $45,000 on March 31, Bitcoin (BTC) surprised investors with a quicker-than-expected recovery to the $46,500 level.
01.04 / 23:57
LGBT
Health
San Marino becomes first country in the world with LGBT+ head of state
San Marino has reportedly become the first country in the world to elect an openly LGBT+ head of state.
01.04 / 20:39
01.04 / 19:59
Health
Refugees
Ukraine war: EU urges China to stay neutral but without securing any guarantees
EU leaders warned China not to support Russia's invasion of Ukraine but failed to secure a pledge of non-interference in the war.
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