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Balaji Srinivasan, former CTO of Coinbase, recently shared his insights on the global economy and the future of the U.S. dollar on social media. He discussed the concept of dedollarization,…
According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this reduction in foreign exchange reserves might be…
The Chinese police forces have burst a large underground banking operation using the popular stablecoin Tether (USDT) to facilitate transfers of up to 13.8 billion yuan ($1.9 billion). According to…
President Joe Biden has issued an order that blocks Mineone Partners Ltd., a Chinese-backed cryptocurrency mining company, from owning land near Wyoming’s Francis E. Warren Air Force Base, which is…
President Biden blocks a Chinese-backed crypto mining firm from owning land near a US military base due to national security risks. The post Biden blocks Chinese crypto miner’s land purchase…
First Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath recently revealed that some nations are reconsidering their reliance on the U.S. dollar. Gopinath explained that this originated…
The interest and high demand for gold products in China is one of the factors that is propping the price of the precious metal up in international markets. Several analysts…
The Chinese Embassy in Angola has cautioned its citizens residing in the African nation to refrain from mining cryptocurrencies, as this activity is now considered a criminal offense. The embassy…
The core technical team behind the Filecoin-based STFIL protocol said that they are under investigation by Chinese authorities. Over the past couple of days, there have been unforeseen updates to…
The team behind Filecoin's staking platform STFIL claims that they are under investigation by Chinese police.