2021-4-26 13:00 |
The yuan rose during the pandemic amid US consumer demand for Chinese products.
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It seems that a wave of CBDCs will be upon the crypto world soon. China is actively rolling out its digital yuan, France is testing the digital euro, and calls for the United States to begin work on a digital dollar grow louder by the day.
2021-3-27 18:58 | |
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Bitcoin traders used to treat a weaker yuan as their cue to increase their exposure in the cryptocurrency. But it now appears they want to keep holding Bitcoin even against a rising Chinese currency.
2020-9-19 12:00 | |
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Demand for cryptocurrency has soared in protest-fuelled streets of Hong Kong. The organizers of the protests saw themselves monitored after Chinese servers attacked social networking site Telegram.
2019-11-17 20:30 | |
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Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China.
2019-8-31 01:59 | |
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Tether, Inc. has proposed the creation of a new stablecoin backed by Chinese yuan, to take advantage of China’s demand for trading and crypto transfers.
2019-8-22 11:47 | |
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Nevermind the double-digit price swings. Despite the day-to-day roller coaster ride of crypto markets, spiking demand in China and Argentina point to a pivot point for the largest digital currency – from risky bet to safe store of value.
2019-8-17 22:26 | |
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Market players told Reuters that US-China trade tensions and a weakening yuan have increased crypto demand among Chinese investors.
2019-8-16 23:57 | |
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By CCN: There’s a reasonable possibility that demand for Bitcoin is being driven from China, according to CryptoSlate’s Ali Martinez. Officially speaking, China doesn’t have crypto trading anymore.
2019-6-8 09:16 | |
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As we reported the other day, evidence is purportedly mounting that Bitcoin and the Chinese Renminbi (RMB), known as the Yuan, are tied to each other. A report from the South China Morning Post recently noted that.
2019-5-25 07:00 | |
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This article was originally published by 8btc and written by Chloe Jiang. The former director of Bitmain’s mining farm, a leading bitcoin mining operation, once said the wet season may not be as much of a boon for miners as many thought.
2019-4-13 19:07 | |
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| Analogue Notcoin - TapSwap |
CBDCs are here to stay, it seems, and Moody’s is looking at their implications for the global economy and international banking.
The exchange rate for the euro-U.S. dollar currency pair has been trading in a narrow range for six years. Is that about to change?
We analyze how the currencies of eight major commodity-exporting nations, from Australia to Brazil to South Africa, performed during the year of the virus.
A currency tends to rise against its peers when its country contains the spread of the virus, and this is reflected in moves in the dollar, euro and yuan.
Major currencies such as the euro, pound and yuan are being impacted, to a certain extent, by the state of the coronavirus in their respective countries.
The dollar retreated this summer amid the change to a less optimistic narrative of the US economy, growing budget deficits, and rising political risk.