Province Hunan Financial News

12.04 / 09:47

UPS Citi CBDC Digital Mobile 420,000+ Merchants in Changsha, China Accept CDBC Pay – Is Digital Yuan Adoption on the Rise?

More than 420,000 merchants in Changsha, China, now accept payments in the digital yuan, China’s central bank digital currency (CBDC).

28.12 / 10:31

Citi Man Extreme Death social Courts Sporting Chinese man who drove into crowd killing 35 sentenced to death

China has sentenced a man to death for killing 35 people last month by driving into a crowd, in an attack that raised national concern about mass killings.Fan Weiqiu was venting his anger because he was unhappy with his divorce settlement, the court in the southern city of Zhuhai said in handing down the sentence on Friday. The victims were exercising at a sports center.

30.11 / 15:27

markets Target Digital Discover Experts country reports Most lucrative jackpot ever? World's largest deposit of gold, worth around $80 billion found; here's the location and country

China which is claimed to be containing approximately 1,000 metric tons of gold eventually valued at around 600 billion yuan (US$83 billion), reported Science Alert. According to Science Alert, this find which is being reported by Chinese state media could actually be the largest gold reservoir ever uncovered while surpassing the 900 metric tons found in South Africa's South Deep mine. The Geological Bureau of Hunan Province identified 40 gold veins at a depth of 2 kilometers in Pingjiang County while initial estimates suggest that these veins alone hold 300 metric tons of gold. Also Read:Cyber Monday 2024: Target and Walmart unleash massive discounts | Top Deals

24.11 / 18:43

markets UPS Citi Nov students reports China's local govts ramp up safety measures after multiple deadly attacks

China are stepping up safety management and police patrols following several high-profile mass killings, as the central government calls for enhanced public security, media reports said on Sunday. In the eastern city of Wuxi, where a 21-year-old student's stabbing spree left eight people dead and 17 injured on Nov. 16, local officials convened on Friday to discuss measures to maintain social stability, state-run local media reported. Campus safety was a focus point of the meeting, according to the report. These safety initiatives come nearly two weeks after the deadliest mass attack in China in a decade on Nov. 11, when a man reportedly upset over his divorce drove into a crowd in Zhuhai, killing 35 people.

30.07 / 06:53

Citi WhatsApp Death country reports evacuation China reports 7 more deaths from torrential rains brought by tropical storm, raising toll to 22

Torrential rains have left at least seven people dead and three others missing in southeastern China, state media said Tuesday, raising the death toll from a tropical storm to 22.

28.07 / 08:28

Citi Digital Man Death reports mountaineering At least 12 killed by mudslide in China as heavy rains from tropical storm Gaemi drench region

mudslide hit a homestay house in a tourist area in southeastern China on Sunday as heavy rains from what remained of a tropical storm drenched the region, state media said.

28.07 / 04:49

Citi Southern country reports evacuation Schools Remnants of Typhoon Gaemi trigger flash floods in northeast China

Tropical Storm Gaemi triggered flash floods in northeast China on the border with North Korea and brought railway disruptions and landslides to other parts of the country, state media reported on Sunday.

16.05 / 11:57

Bitcoin Etf Crypto Crime China Police Uncover $2B USDT Underground Banking Operation

China’s police have uncovered a $1.9 billion USDT underground banking operation going against Chinese crypto bans.

26.03 / 09:59

UPS security Universities shock Schools International China news: Boy grows up in ‘financial difficulty’, learns after graduation father owns ₹692-crore business

₹692 crore), as per South China Morning Post (SCMP). Despite the brand's success, the younger Zhang grew up in modest surroundings in Pingjiang County, Hunan province in China. He would believe his family was in financial difficulty.

10.08 / 03:25

Citi Digital Citizens Platform Rise in Chinese Citizens, Firms Using Digital Yuan to Pay Taxes

More Chinese citizens and firms are using the digital yuan, China’s central bank digital currency (CBDC), to pay their taxes, state organs, and government-owned banks have claimed.

11.07 / 18:29

Reuters Amazon Manufacturing Nike Adidas lawmakers Bipartisan lawmakers question Milwaukee Tool on alleged forced labor in supply chain

By Katherine Masters

13.06 / 01:59

UPS Citi Target Digital Citizens China Hopes Hard Wallets Will Spur Digital Yuan Adoption – CBDC Focuses on ‘Elderly & Children’

A Chinese city says it is rolling out offline digital yuan “hard wallets,” with the nation targeting CBDC uptake among “elderly citizens and children.”

17.05 / 01:19

Citi Digital businesses Hunan Province, China, Debuts Digital Yuan Loans for Small Businesses – Another CBDC First?

Hunan Province, China, has debuted new digital yuan loans for tech startups – with Beijing keen to explore more central bank digital currency (CBDC) financing options.

27.02 / 17:27

CBDC China’s Digital Yuan Can Now Be Used to Pay Highway Toll Fees on Major Routes

China’s digital yuan adoption drive is now focusing on transport networks. And drivers have been green-lighted to use the token to pay tolls on some of the nation’s busiest highways.

03.02 / 17:19

Blockchain Citi Digital Enterprise Chinese City of Suzhou Aims to Transact $297bn Worth of Digital Yuan in 2023

The city of Suzhou, in China, hopes its residents and local firms will transact a cumulative total of around $297 billion worth of the central bank’s digital yuan token this year.

27.09 / 16:25

Ethereum avalanche Crypto prices today Bitcoin Crypto Price Today: Bitcoin regains $20K; Solana & Polkadot gain up to 8%

Bitcoin topped the $20,000 mark, whereas Ethereum found some mojo back, the first time after the Merge. However, analysts believe that the recovery might be short-lived amid the macroeconomic turbulence and rising fears of recession. Thus, traders need to be cautious for the time being, they add. Barring the XRP and US dollar-pegged Tether, all top crypto tokens were trading sharply higher on Tuesday. Solana zoomed up to 8 per cent, whereas Bitcoin and Polkadot were up by 6 per cent each. The global cryptocurrency market cap was trading higher at $962.94 billion, gaining more than 4 per cent in the last 24 hours. However, the total trading volume zoomed almost 52 per cent, close to $81.16 billion.

26.09 / 22:05

UPS Digital Southern Chinese police arrest crypto criminals for laundering over $5B

As the nation increases measures to curb illegal financial flows, Chinese police have dismantled a huge criminal organization reportedly responsible for a 40 billion yuan (US$5.6 billion) crypto money laundering case.

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