2020-10-15 13:28 |
Starbucks and McDonald’s are reportedly not part of the 3,000 merchants piloting China’s CBDC.
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China’s economy is the second-largest in the world and economists believe the country may someday bring a new global order and end the Western hemisphere’s financial rule. In 2020, various reports show that China’s central bank will soon release a cryptocurrency that represents a digital yuan.
2020-4-25 23:05 | |
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China’s long-touted digital currency will soon start trials at three U. S. restaurant chains in Beijing, the SCMP reported on April 23, 2020. Alongside the franchise giants in the upcoming trials are local gyms, hotels, convenience stores, and a bookstore.
2020-4-25 14:01 | |
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As China attempts to recover from the COVID-19 outbreak, new details emerge about its central bank-issued digital token, including a connection to Starbucks and other western businesses. The token will now be tested in the Xiong’an New Area among other places.
2020-4-24 12:10 | |
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Binance launches the Venmo of Africa, Cuba gets a new exchange and Starbucks will trial the "digital yuan."
2020-4-24 20:15 | |
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Starbucks, Subway, and McDonald’s are among the 19 retail businesses that will be trialing China’s digital yuan in one of the country’s pilot program cities. Per reports, China has already started testing its digital currency in a real-world setting in order to improve the currency’s functionality.
2020-4-24 17:55 | |
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Popular restaurant franchises including Starbucks, McDonald’s, and Subway could be the first of the many companies that are reportedly being considered to test China’s central bank digital currency (CBDC) – the digital yuan.
2020-4-24 17:00 | |
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Starbucks thinks the U.S. is seeing a similar trend to China as the coronavirus pandemic spreads rapidly across the world. The post Why U.S. Coronavirus Recovery Can Follow China’s Successful Lead appeared first on CCN.com
2020-3-28 12:28 | |
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Dubbed, the “Chinese Starbucks”, Luckin Coffee’s first day of trading resulted in a 20% increase in stock reports BeInCrypto. This rise has supposedly gotten American Coffee Company, Starbucks’ attention – forcing them to seek new ways to stand out in China.
2019-5-21 23:50 | |
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By CCN: Starbucks continues to crush it globally, delivering another quarter of strong earnings growth, on the backs on impressive same-store sales growth. Global comparable store sales increased 3%, driven by a 4% increase in domestic average ticket, and 2% in China/Asia Pacific.
2019-4-27 03:58 | |
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Canada-based Tim Hortons is the latest coffee chain poised to fail in the Chinese market that has been drinking tea for thousands of years. Tim Hortons Can’t Even Win at Home Tim Hortons’ struggles over the past few years in its native market of Canada are well-documented.
2019-2-28 21:46 | |
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When the world's second-largest economy sneezes, global markets pay attention. China, facing a deflating property bubble, is on the brink of implementing a massive monetary stimulus that will boost risk assets
Even with a 3-5% cost to convert [stablecoin] USDT into equities, the potential upside of 50-70% in China's stocks makes this a strategic move, one observer said.
Hong Kong plans to implement European-style reporting rules for OTC crypto derivatives, including the use of DTIs, by 2025.
China’s benchmark government bond yield fell to a nearly 22-year low with experts attributing the development to a shift in investor behaviour towards fixed-income products amid a fragile economic recovery.
The Industrial and Commercial Bank of China (ICBC), the world’s biggest lender, recently published a report highlighting the potential of Bitcoin (BTC) and Ethereum (ETH). The report notably refers to Ethereum as “digital oil,” emphasizing its crucial role in the evolving digital economy.
President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat to national security.
Massive demand for a China-listed gold ETF sent its premium soaring to 30% earlier this week.