Bitcoin News / Bitcoin.com - 2 years ago
Nigerian economic experts have said the country’s five-year-old currency swap agreement with China has not eased the pressure against the Nigerian currency. According to one expert, implementation of the swap arrangement is being held back by t...
Bitcoin News / Bitcoin.com - 2 years ago
Former U.S. President Donald Trump has warned that the U.S. losing a currency war against China would be like America losing a world war. “We’ll be a second-tier country,” Trump cautioned, adding that the U.S. dollar is “what...
Bitcoin News / Bitcoin.com - 2 years ago
Brazil and China have reached a milestone in their economic integration, as the first bilateral settlement in Chinese yuan was completed ahead of the visit of President Luis Inacio “Lula” da Silva to China. The settlement, which was proce...
Cryptocoins News / CoinJournal - 2 years ago
Toronto, Canada, April 14th, 2023, Chainwire
Conflux, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap v3 on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining the Curve Wars with its mainn...
Bitcoin News / Bitcoin.com - 2 years ago
Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto co...
Bitcoin News / Bitcoin.com - 2 years ago
The annual inflation rate in China has unexpectedly slowed down in March to its lowest level in a year and a half, the latest statistical data indicates. On a monthly basis, consumer prices decreased for a second consecutive month, despite estimates...
Cryptocoins News / Finance Magnates - 2 years ago
Bitman Technologies, a Bitcoin
(BTC) mining firm based in Beijing, China, has reportedly been fined $25
million yuan ( $3.6 million) by local tax authorities. Local news outlet Sina
Finance reported on Tuesday that the fine was imposed by the
Beijing...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitmain has reportedly failed to pay personal income taxes in accordance with China’s laws on the administration of tax collection. Beijing-based cryptocurrency mining...
by COINS NEWS - 2 years ago
Despite the strong opposition to crypto related services and trading in China, the Chinese ????????version of Tiktok called "Douyin" with more than 600 million users based in China has updated new functions: When users search for Ethereum o...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin Price Ticker Goes Live on China’s Douyin App& & CoinDeskCNBC Daily Open: Bitcoin breaches $30,000 as the economy slows& & CNBCUPDATE 1-Bitcoin breaks above $30,000 as investors eye end of rate rises& & Yahoo Finance
Bitcoin News / Bitcoin.com - 2 years ago
The People’s Bank of China (PBOC) reported an increase in the country’s gold reserves of 18 tons in March, continuing its buying spree. China has consistently added to its gold reserves since November, purchasing more than 100 tons in the...
Bitcoin News / Bitcoin.com - 2 years ago
China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September, and...
Bitcoin News / Bitcoin.com - 2 years ago
Former U.S. President Donald Trump has acknowledged the push that China is making to dethrone the dollar as a reserve currency. In a post published on Truth Social, Trump stated that if this comes to happen, it would be the biggest defeat in the hist...
Cryptocoins News / Blockchain - 2 years ago
China and Malaysia are discussing the creation of an Asian Monetary Fund as a way to move away from U.S. dollar hegemony. The fund was proposed at a forum in Hainan, China, and Malaysian Prime Minister Anwar Ibrahim has stated that China is open to t...
Bitcoin News / Bitcoin.com - 2 years ago
An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S. dollar,...
Cryptocoins News / The Cointelegraph - 2 years ago
More proposals and currency concepts are emerging as Asia ramps up its efforts to distance itself from U.S. dollar hegemony. China and Malaysia are considering moving...