In brief
Authorities recovered over 90 BTC, valued at about $11 million.
Prosecutors said the funds were moved through eight offshore exchanges and obscured using coin mixing tools.
The case was included in…
The intra-BRICS trade is now being dominated by the local currencies as 50% of trade were settled in the Chinese yuan and not the USD, according to the independent think…
Chinese blockchain Conflux announced a third version of its public network and introduced a new stablecoin backed by offshore Chinese yuan.According to a report from the Shanghai municipal government on…
The Chinese Yuan is slowly moving on top of the currency radar. World politics has now started to support a diverse spectrum of currencies, including the yuan, which has now…
According to a Friday report by Reuters, the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), a Shanghai regulator, recently held a meeting with dozens of government…
Chinese investors are anticipating the yuan to dip as tensions around US tariffs continue. There has been a rise in foreign exchange deposits at banks and currency swaps, move which…
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As the world rapidly embraces new financial orders and development packaged in the guise of a multipolar currency system, the US dollar is now standing in a questionable position. The…
In brief
Nano Labs, a blockchain infrastructure firm, announced plans to buy $1 billion worth of BNB in the near future.
Ultimately, the company says, it wants to buy up to $9.4…
China’s central bank chief Pan Gongsheng has pledged to expand the footprint of the digital yuan, reaffirming the country’s vision for its central bank digital currency (CBDC).According to a Reuters…