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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Ever since China’s DeepSeek made headlines by emerging as a potential challenge to the US’s AI dominance, malicious crypto tokens using the “DeepSeek” name have surged to cash in on the AI platform’s popularity.
Chinese AI startup DeepSeek raised concerns as its overnight rise to prominence highlighted potential risks to American artificial intelligence and economic dominance. U.S. equity markets and cryptocurrencies traded sharply lower on Monday, with Bitcoin (BTC) falling below the $100,000 mark…
Risk assets slump, including Bitcoin, as China’s new AI startup threatens U.S. leadership, leaving analysts to speculate on Trump’s next aggressive move. Bitcoin’s (BTC) price under pressure again, dipping below $100k, as China‘s latest AI powerhouse, Deepseek, shakes up global…
AI cryptocurrencies endured a bloodbath on Monday, plunging by double-digits on their daily charts as Bitcoin dropped below $100,000. The market capitalization of all AI tokens crashed by 13. 7% in the past 24 hours to $35.
China has rolled out new regulations to identify and control risky foreign exchange activities, including those involving cryptocurrencies, the South China Morning Post reported. According to the report, China’s State Administration of Foreign Exchange recently directed banks to monitor and report suspicious transactions tied to cross-border gambling, underground financial networks, and unauthorized crypto dealings.
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