11 / 20 Relevant items tagged with #China
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Venezuelan President Nicolas Maduro Calls for De-Dollarization of the Global Economy
[Aug 28, 2023 1:30 AM] Nicolas Maduro, the president of Venezuela, has called to de-dollarize the global economy due to the difficulties the current system brings to emerging countries affected by U.S. sanctions. In a message directed to the BRICS leaders, Maduro called…
Report Reveals East Is Challenging West’s Long-Standing Gold Pricing Dominance
Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands
[Aug 26, 2023 1:30 PM] In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands…
Crypto Biz: Coinbase-Circle re-alignment, Binance fiat hurdles, and USDC at Shopify
[Aug 25, 2023 3:30 PM] This week's Crypto Biz explores the latest on Binance's global on-ramps and off-ramps, Coinbase-Circle re-alignment, Shopify's take on USDC and China's blockchain data exchange.
Does high US consumer debt benefit Bitcoin price?
[Aug 25, 2023 10:30 AM] Cointelegraph analyst and writer Marcel Pechman breaks down consumer debt and why it might lead to a good outcome for BTC.
Ministry of Economic Development of Russia Pessimistic About Quickly Advancing BRICS Common Currency Proposal
BRICS States Should Tackle AI Risks Together, Xi Jinping Says
[Aug 24, 2023 10:30 PM] BRICS nations should address the risks related to artificial intelligence (AI), Chinese President Xi Jinping said during the group’s summit in South Africa. China’s leader is also convinced that the members of the economic bloc must work to…
BRICS Leaders Declare Importance of Using Local Currencies in International Trade
[Aug 24, 2023 7:30 PM] The BRICS leaders stress “the importance of encouraging the use of local currencies in international trade and financial transactions” in their declaration released at the conclusion of their 15th annual summit. In addition, the BRICS nations…
Xi Jinping: BRICS to Forge Stronger Partnership, People Do Not Long for New Cold War or Small Exclusive Bloc
[Aug 23, 2023 7:30 PM] Chinese President Xi Jinping stated at the BRICS summit that “What people in various countries long for is definitely not a new Cold War or a small exclusive bloc.” He stressed that the BRICS group will expand and promote global multipolarity…
China launches blockchain-powered data exchange
[Aug 23, 2023 9:35 AM] The platform will facilitate the buying and selling of Web3 data among enterprises; Alibaba Cloud and Huawei are among the companies to participate.
Multichain victims search for answers in $1.5B exploit as new evidence emerges
[Aug 23, 2023 9:00 AM] Chinese police may have busted Multichain in a money laundering investigation, but many questions remain, including its CEO’s alleged fake ID.
Official Hints China Could Pit Expanded BRICS Against G7
[Aug 22, 2023 11:30 AM] China may be in the process of building an expanded BRICS to pit the bloc as a geopolitical rival for the Group of Seven (G7) nations, as per statements from a Chinese official. In its upcoming summit that will take place in Johannesburg, the bloc…
Chinese official sentenced to life in prison for Bitcoin mining, corruption
[Aug 22, 2023 9:10 AM] Xiao Yi was accused of abuse of power and corruption in operating a $329 million Bitcoin mining enterprise.
Germany proposes screening Chinese investment in AI and related sectors: Report
[Aug 22, 2023 7:00 AM] The German government proposed tighter export controls on China for semiconductors and AI technology similar to measures from U.S. regulators.
Dutch ING Bank Analysts: BRICS Expansion to Power De-Dollarization Across World Economies
[Aug 22, 2023 2:00 AM] Analysts of ING bank believe the de-dollarization trend that has been growing in the world might pick up momentum due to the possible expansion of the BRICS bloc. While the issuance of a BRICS common currency remains uncertain, according to some…
China proposes to bring its social credit system to the metaverse: Report
[Aug 20, 2023 11:57 PM] Proposals to a United Nations group reportedly show China wants digital IDs and real-world punishments for actions that occur in the Metaverse.
China facing deflation may be bad news for Bitcoin
[Aug 19, 2023 10:00 AM] Cointelegraph analyst and writer Marcel Pechman breaks down the Federal Reserve balance sheet and explains why China’s deflation can negatively impact Bitcoin.
‘Our Country Is Going to Hell’ — Trump Warns of US Losing Global Currency Dominance
[Aug 17, 2023 12:00 PM] The 45th president and previous White House occupant, Donald Trump cautions that America is in danger of losing its global influence. In an interview with Larry Kudlow, Trump stated while the U.S. retains significant power, its position is “waning”…
China’s new AI regulations begin to take effect
[Aug 15, 2023 7:16 AM] The Chinese has government loosened its original guidelines for AI it released in April and scheduled them to take effect starting on Aug. 15.
Mbridge Project Has Observers Worried About Advances of the Digital Yuan
[Aug 15, 2023 2:30 AM] The Mbridge project, a central bank digital currency (CBDC) international payment system, is starting to worry observers. Such a system, when completed, could ostensibly allow the digital yuan to reach more countries in trade settlements, chipping…
Chinese man sentenced to 9 months in prison for buying 13K in USDT
[Aug 14, 2023 9:04 AM] China has been harshly enforcing its crypto ban since the start of the year, cracking down on individuals and projects alike.
BRICS Is No Joke, Bloc Could Become G7 Counterpart, Experts Say
[Aug 14, 2023 3:00 AM] The BRICS challenge to the world’s established economic order is not a joke, according to experts in the field of international relations. Now that the bloc, which unites leading emerging markets, accounts for over a quarter of the global gross…
CBDC Is Grave Threat to Liberty, Presidential Hopeful Vivek Ramaswamy Warns
[Aug 11, 2023 12:00 AM] The U.S. dollar will be stronger if it’s not a central bank digital currency (CBDC), according to candidate for Republican presidential nomination Vivek Ramaswamy. He is convinced that a digitized greenback and other digital fiats represent a…
Pentagon forms ‘Task Force Lima’ to map generative AI for US defense
[Aug 10, 2023 6:45 PM] Task Force Lima will look into how artificial intelligence can be used across the U.S. defense, including warfighting capabilities.
Chinese police to crack down on crypto and deepfake AI
[Aug 10, 2023 10:45 AM] The move comes as several prominent Chinese blockchain executives have been arrested this year.
US and China AI-tech standoff shows signs of spreading to other countries
[Aug 10, 2023 8:26 AM] The ongoing spat between the United States and China over emerging tech like AI continues as U.S. President Joe Biden restricts investments.
Binance drops majority of USD Coin reserves — Latest USDC news
[Aug 9, 2023 10:30 AM] This week’s episode of The Market Report explores the reasons why Binance let go of a majority of its USDC reserves and what it replaced them with.
Japanese startup to use stablecoins and CBDC to link Asian countries
[Aug 8, 2023 7:37 AM] Soramitsu is developing a cross-border payment system that uses Cambodia’s CBDCs and targets Japan, India, China and Southeast Asia.
Central Banks Resumed Gold Purchases in June
[Aug 7, 2023 4:30 PM] Central banks ramped up gold purchases in June, according to statistics from the International Monetary Fund (IMF). In this period, central banks added 55 tonnes of gold to their reserves after three months of net selling, with China purchasing the…