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Europe faces mounting pressure to secure its financial future as reliance on U.S. and Chinese payment giants grows, with China’s digital currency threatening dominance. Europe Risks Payment Dependence on China…
At its fourth quarter meeting on Dec. 27, the People’s Bank of China committee (POBC) proposed a more dovish (low interest rate) policy going forward. At the same time, the…
China’s foreign exchange regulator has imposed stricter controls on cryptocurrency-related activities, requiring banks to monitor and report high-risk trades. The State Administration of Foreign Exchange (SAFE) mandates that banks track…
Jan Nieuwenhuijs, a gold market analyst, has raised concerns about the rise in the People’s Bank of China (PBOC) secret gold purchase operations. He believes the bank has accumulated over…
El Salvador’s vice president highlighted bitcoin’s role in economic growth during a meeting with China’s ambassador, emphasizing Chinese cooperation in advancing digital infrastructure projects. El Salvador Spotlights Bitcoin Wealth in…
China and Nigeria have renewed a $2 billion currency swap arrangement for another three years. Trump Tariff Threat China and Nigeria have agreed to renew a $2 billion currency swap…
Shanghai-based car dealership Cango Inc. has pivoted to Bitcoin (BTC) mining, announcing a $256 million acquisition of 32 exahashes per second (EH/s) in hashrate from Bitmain Technologies. In November, the…
U.S. Treasury Secretary Janet Yellen recently referred to the possibility of enacting sanctions against Chinese banks as the U.S. prepares to deepen its measures to weaken the Russian economy. This…
Last week, Bitcoin.com News dropped an editorial that spilled the beans on all the governments clutching bitcoin, whether they snagged it through criminal busts or by mining or buying it.…
Bitcoin hits $100K, XRP wobbles but won’t fall, certain meme coins are in the crosshairs, and more in this Week in Review. Week in Review This week marked a historic…