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From the US in the West to South Korea and Hong Kong in the East, countries want the private sector to issue stablecoins that ...
As the People’s Bank of China seeks a bigger role for the yuan on the global stage, ignoring stablecoins could put the ...
Despite concerted efforts by major emerging economies, genuine de-dollarisation remains not merely difficult but fundamentally impossible in the foreseeable future.
USD/ CNY slipped lower on Friday as yuan firmed after a stronger PBOC fix, signaling efforts to stabilize the currency ...
Peter McGahan is the chief executive officer of independent financial advisers Worldwide Financial Planning. Worldwide Financial Planning is authorised and regulated by the Financial Conduct Authority ...
Chinese traders are pulling back from the dollar, helping ease a shortage that has rattled the banking system and setting the ...
MOSCOW, July 10. /TASS/. The Bank of Russia set the official dollar rate at 77.9029 rubles for July 11, down 27 kopecks against the previous indicator. The official euro rate was increased by eight ...
Ant Group plans to tap USDC for cross-border payment and treasury operations since it offers faster and more regulated ...
USD/CNY dipped on Thursday as the dollar weakened and markets assed U.S. President Donald Trumps ongoing assault on ...
MOSCOW, July 9. /TASS/. At the close of regular trading on Wednesday, the MOEX Russia Index fell by 2.15%, settling at 2,696.45 points, while the dollar-denominated RTS Index also declined by 2.15%, ...
Danish pharmaceutical giant Novo Nordisk has announced a new 800-million-yuan (approximately USD 111.9 million) investment to ...
Subtle shift under way as fintech merges with geopolitics: e-CNY is a way to evade US sanctions and dollar volatility but also carries risks As China moves to accelerate global use of the digital yuan ...