People’s Bank of China

The People’s Bank of China holds over $3 trillion in foreign reserves, a key player in global finance. Discover how this impacts crypto markets and investments.

3 months ago

Crypto Market Sentiment for 2025-05-06

Current Cryptocurrency Market Sentiment Overall market sentiment in the recent cryptocurrency landscape appears to be mixed. Positive Developments Positive developments include the successful Ethereum Pectra upgrade and the introduction of Ethena Labs’

CBDC·

3 months ago

Russian Economist Predicts Digital Ruble May Not Launch Until 2027

Skepticism Surrounding the Digital Ruble A prominent economist from Russia has expressed skepticism regarding the anticipated launch of the country’s Central Bank Digital Currency (CBDC), known as the digital ruble. Originally scheduled

Bitcoin·China·Circle·Ethereum·GENIUS Act·

2 months ago

JD.com Ventures into Stablecoins as U.S. Senate Approves GENIUS Act

JD.com Enters Stablecoin Market In a significant development for the cryptocurrency landscape, JD.com, a leading Chinese e-commerce enterprise, is venturing into the world of stablecoins. Liu Qiangdong, the company’s CEO, announced this

Duma Endorses Digital Ruble Legislation for 2026 Implementation

Introduction of the Digital Ruble In a significant legislative move, the Russian Duma has endorsed a bill to implement the digital ruble, marking a pivotal step towards the nation’s future Central Bank

3 weeks ago

Legal

JD.com and Ant Group Advocate for Yuan Stablecoins to Counter US Dollar Influence

JD.com and Ant Group Push for Yuan-Backed Stablecoins In a strategic move aimed at bolstering the Chinese yuan’s position in global finance, JD.com, one of China’s leading e-commerce platforms, along with Ant

1 month ago

Legal

Treasury Secretary Scott Bessent Advocates for Stablecoins as Preference Over CBDCs Amid Legislative Developments

U.S. Treasury Secretary’s Views on Stablecoins U.S. Treasury Secretary Scott Bessent expressed a strong belief that global consumers will favor stablecoins over central bank digital currencies (CBDCs). In a recent Bloomberg interview,

1 month ago

Legal

China’s Central Bank Advocates for Global Financial Shift Towards Digital Yuan

China’s Push for Global Financial Change In a significant push to alter the landscape of global finance, the head of China’s central bank has called for a decrease in reliance on the

2 months ago

Legal

People’s Bank of China

Crypto Market Sentiment for 2025-05-06

Russian Economist Predicts Digital Ruble May Not Launch Until 2027

JD.com Ventures into Stablecoins as U.S. Senate Approves GENIUS Act

Duma Endorses Digital Ruble Legislation for 2026 Implementation

JD.com and Ant Group Advocate for Yuan Stablecoins to Counter US Dollar Influence

Treasury Secretary Scott Bessent Advocates for Stablecoins as Preference Over CBDCs Amid Legislative Developments

China’s Central Bank Advocates for Global Financial Shift Towards Digital Yuan

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SEC Commissioner Hester Peirce Advocates for Transaction Privacy Amid Tornado Cash Trial

Bitsonic Leader Sentenced Again for Fraudulent Activities

Legal Troubles Mount for Crypto Exchanges in the Philippines as SEC Cracks Down on Illicit Operations

Fake Job Lures by North Korean Hackers Lead to Major Cryptocurrency Theft from Cloud Systems

SEC Chair Paul Atkins Commits to Bolstering U.S. Crypto Innovation

People’s Bank of China

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