2021-10-31 13:00 |
China's slowing growth coupled with a tightening of monetary policy in other nations could test the yuan's strength.
Similar to Notcoin - Blum - Airdrops In 2024
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The Chinese yuan has gained in value against the U.S. dollar since the pandemic broke out, but could face challenges going forward.
2021-10-31 13:00 | |
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The Hong Kong Monetary Authority (HKMA) and the Digital Currency Institute of the People’s Bank of China (PBOC), are looking to expand the testing of China’s central bank digital currency (CBDC) for cross-border payments.
2021-5-14 00:30 | |
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The first phase of tests for use of the digital yuan across borders has been successful, the Hong Kong Monetary Authority has said.
2021-5-13 12:14 | |
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From keeping up with China’s digital yuan efforts to maintaining monetary policy control capabilities, the mainstream financial architecture across these nations presumably has a lot at stake as the emerging digital landscape takes shape.
2020-12-8 19:43 | |
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China’s central bank and the Hong Kong Monetary Authority (HKMA) are gearing up to conduct a pilot test of the e-yuan central bank digital currency (CBDC) system. The move further broadens the scope of the digital currency electronic payment (DCEP) with plans to introduce the currency in Macau as well.
2020-12-7 18:00 | |
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A former Vice President of Bank of China has said that replacing the fiat RMB in circulation (M0) with a CBDC is the way to go on monetary policy. Wang Yongli, who is now the director of the Haixia blockchain research institute, shared these sentiments in an article posted on his public WeChat account. This […]
2020-8-3 15:14 | |
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China’s planned CBDC rollout is expected to see the digital yuan dovetailing with the country’s electronic payment systems.
2020-6-23 14:00 | |
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The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank.
2020-2-18 08:10 | |
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Zhou Xiaochuan, the former Chairman of the People’s Bank of China, told reporters that implementation of the digital Yuan would involve a multi-step process. He recently outlined three key areas where the digital Yuan will find its most immediate use case.
2019-11-27 20:18 | |
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Tether announced a new offshore Chinese-yuan backed stablecoin, CNHT. The cryptocurrency is the newest addition to the firm’s suite of regulation-skirting coins. Primer on China’s currency controls As part of China’s monetary strategy to peg the yuan against the dollar, it is mandatory that the People’s Republic control capital flows into the country.
2019-9-10 22:15 | |
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When the concept of virtual assets surfaced a decade back, the potential of ‘Internet of Value’ seemed ready to being unleashed. Originating back in 1982, Internet of Value translates to an online medium where users can transfer any form of value [monetary or social] across the network, while discarding the need for middlemen and basically […] The post U.
2019-9-6 15:30 | |
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China's incipient digital currency will apparently "bear similarities" to Facebook's own proposed cryptocurrency and is intended to protect China's 'monetary sovereignty', according to a superior within China's central bank.
2019-9-6 13:40 | |
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China’s incipient digital currency will apparently “bear similarities” to Facebook’s own proposed cryptocurrency and is intended to protect China’s ‘monetary sovereignty’, according to a superior within China’s central bank.
2019-9-8 13:40 | |
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Central banks in Asia-Pacific region— New Zealand, India, and Thailand, announced interest rate cuts in a surprisingly aggressive manner on Wednesday, furthering a global trend of monetary policy easing.
2019-8-8 16:45 | |
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The national currency of China weakened beyond a critical level as political tensions with the US worsened. The yuan dropped below 6. 93 per dollar this week, within a striking range of its January 2017 low, owing to a series of negative factors from weaker equities to a vaguer monetary stance by the People Bank of China.
2018-10-9 15:32 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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China's economic stimulus in 2009 unleashed a bull market among commodities. Will its 2024 stimulus have the same impact?
Government debt in France is mounting amid large budget deficits, leading to higher borrowing costs.
Australia has put its interest rates on hold even as its peers begin easing monetary policy as inflation abates.
Electric vehicles are gaining market share in China and U.S. cars are going farther on a gallon of gas, helping to diminish demand for crude oil.
A look at investor expectations on the size of Fed rate cuts over past cycles versus what actually happened.
The Fed has eased monetary policy seven times over the last four decades. How many times did the market get the cuts right?
Why has the Japanese yen weakened against the U.S. dollar while the Mexican peso has strengthened over the long term?