Grayscale victory, SEC delays decision on Bitcoin ETFs: Law Decoded
Grayscale victory doesn't help Bitocoin spot ETF approval on first deadline as SEC postpones decison to next deadline.
Digital yuan integration introduced to Chinese business air travel
The Civil Aviation Administration and China Merchants Bank said passengers will be able to utilize the digital currency to access new services via this platform.
China
deflation
Economics
inflation
National Bureau of Statistics (NBS)
PBOC
People's Bank of China
Zou Lan
Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation
Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics of the country, falling below expectations. Some analysts are already…
China Pushes Digital Yuan for Wage Payments in Changshu
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…
China to expand CBDC use case for Belt and Road Initiative
China was one of the first nations to start working on its CBDCs. However, despite the completion of its development, the government is yet to officially launch the CBDC.
Africa
Central Bank of Nigeria (CBN)
currency stability
external reserves
Nasarawa State University
People's Bank of China
Uche Uwaleke
Report: Nigeria-China Currency Swap Agreement Fails to Ease Pressure on the Naira
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…
CBDCs should protect privacy, not be a surveillance tool: Former CFTC chair
The former CFTC chair argues that AML and KYC measures are outdated and constitutionally questionable and said crypto technology can do better.
china cbdc
china nfts
Digital Yuan
Hainan Free Trade Port
Hainan Province
NFTs
PBOC
People's Bank of China
China’s Hainan to boost NFT oversight as digital yuan trial ramps
Hainan's market regulator wants to promote NFTs as part of the digital economy, but will actively work to weed out bad actors and speculative behavior.
BRICS Nations
BRICS reserve currency
Central Bank of the Russian Federation
Central Banks
Economics
Gold-backed currency
international reserve currency
Japan's Nikkei
Munemasa Horio
Nikkei
Nikkei Asia
PBOC
People's Bank of China
Russia
Saudi Arabia
U.S. bonds
U.S. debt
U.S. dollar
United States
WGC report
World Gold Council
Report: China Suspected of Stockpiling Gold to ‘Cut Greenback Dependence’
During the first week of November, the World Gold Council’s (WGC) report that covered last quarter’s global gold demand noted that central banks worldwide purchased close to 400 tons of…
Wuhan omits NFTs from metaverse plan amid regulatory uncertainty in China
The Chinese government has shown a keen interest in developing a metaverse economy, but its stance on NFTs hasn’t been very clear.