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  • Market Cap: $2,404,782,667,590.88
  • 24h Vol: $56,442,256,430.13
  • BTC Dominance: 56.54%

China

argentina-to-settle-chinese-imports-in-yuan-to-safeguard-dwindling-dollar-reserves

Argentina to Settle Chinese Imports in Yuan to Safeguard Dwindling Dollar Reserves

Leave a Comment / alberto fernandez, Argentine Peso, Bitcoin, China, Chinese Yuan, Crypto Hacked, Cryptocurrency, Economics, Ethereum, Sergio Massa, Settlements, trade, Xi Jinping / / / , , , , , , , ,

The economy minister of Argentina, Sergio Massa, announced that starting this month, payments for imports coming from China will be settled using the Chinese yuan. The agreement, which will allow the country to safeguard its dwindling dollar reserves, involves the disbursement of more than $1 billion in April. Argentina to Settle Bilateral Transactions With China […]

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BRICS Currencies to Have No Alternative, Former Russian President Medvedev Says

Leave a Comment / Bitcoin, Brazil, brics, China, Crypto Hacked, Cryptocurrency, currencies, Digital Currencies, Digital Currency, dmitry medvedev, Dollar, Ethereum, Euro, Fiat, Finance, former president, India, Medvedev, President, ruble, rupee, Russia, russian, South Africa, Yuan / / / , , , , , , , , , , , , , , , , , , , ,

Fiat currencies of BRICS member states will have no alternative in the future, according to former President of Russia Dmitry Medvedev. Nations in the bloc need to think about their digital forms and a digital currency issued by the group as a whole, the Russian politician said. Ruble, Yuan, Other BRICS Currencies to Take Over

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brics-‘getting-applications-to-join-every-day,’-attracts-19-requests-before-summit

BRICS ‘Getting Applications to Join Every Day,’ Attracts 19 Requests Before Summit

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Over two dozen nations have applied for BRICS membership ahead of its upcoming annual summit, the representative of the hosting nation revealed in an interview. The organization which unites leading emerging economies will discuss its enlargement in early June. BRICS to Talk Expansion as Number of Candidates Continues to Grow The BRICS group of nations

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China Pushes Digital Yuan for Wage Payments in Changshu

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Changshu, a city in China with more than 1.5 million inhabitants, will pay public workers’ wages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the digital currency, which has been included in some limited programs before. Public Employees in

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financial-analyst-charles-nenner-warns-about-the-end-of-the-us-dollar-and-its-consequences

Financial Analyst Charles Nenner Warns About the End of the US Dollar and Its Consequences

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Charles Nenner, a financial analyst that served as head of market timing for Goldman Sachs for more than a decade, has warned about the end of dollar hegemony and its consequences for the U.S. According to Nenner, the BRICS bloc and the influence of Saudi Arabia will end the dollar as a reserve currency, and

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Bitcoin, Ethereum Technical Analysis: ETH Back Above $2,100, as BTC Rebounds From 1-Week Low

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Ethereum moved back above $2,100 on Tuesday, as markets reacted to the latest gross domestic product (GDP) report from China. Chinese GDP rose by 4.5% during the first quarter of the year, higher than the 4% expected. Bitcoin rebounded from earlier losses. Bitcoin Bitcoin (BTC) rebounded from a one-week low on Tuesday, as markets reacted

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us-treasury-secretary-janet-yellen-acknowledges-sanctions-weaponization-could-hurt-dollar-hegemony

US Treasury Secretary Janet Yellen Acknowledges Sanctions Weaponization Could Hurt Dollar Hegemony

Leave a Comment / Bank of Russia, Bitcoin, Brazil, brics, China, Crypto Hacked, Cryptocurrency, Dollar Hegemony, Economics, Ethereum, Iran, Luiz Inacio Lula da Silva, OFAC, Office of Foreign Asset Control (OFAC), Russia, treasury secretary janet yellen, U.S. dollar, U.S. Treasury / / / , , , , , , , , , , , , ,

U.S. Treasury Secretary Janet Yellen talked about the dangers that sanctions based on the U.S. dollar might pose for the hegemony of the currency in international markets. According to Yellen, the government tries to use sanctions “judiciously,” as they can create a desire to find alternatives to the U.S. dollar. U.S. Treasury Secretary Yellen Talks

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China Opposes Recent US Sanctions for Chinese Firms, Criticizes ‘Long-Arm’ Jurisdiction Policies

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The government of China protested the enactment of sanctions on a series of national companies by the U.S., barring them from doing business with U.S.-based entities for allegedly collaborating with Russia. China’s Commerce Ministry criticized the move, saying it is a “typical form of long-arm jurisdiction,” which damages the rights and interests of these companies.

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Growing Links Between Middle East, Russia, China Pose Huge Challenge for US, Warns Former Treasury Secretary

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Former Treasury Secretary Lawrence Summers has expressed concerns that a rising number of countries, including China, Russia, and the Middle East, are aligning themselves and gaining global influence. “I think [it] is a huge challenge for the United States,” he cautioned. Larry Summers on Countries Banding Together Against the US Former Treasury Secretary Lawrence Summers

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Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services

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ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the industry. ZA Bank to Provide Services to Crypto Exchanges Licensed in Hong Kong Hong Kong’s first

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