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First Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath recently revealed that some nations are reconsidering their reliance on the U.S. dollar. Gopinath explained that this originated in the recent shocks from the coronavirus pandemic, the geopolitical situation with Russia, and national security concerns. IMF Executive: Nations Examining Reliance on U.S. Dollar … Read more
Harvest’s CEO believes the Hong Kong-mainland China ETF bridge program could enable crypto ETF access in mainland China. Go to Source
The interest and high demand for gold products in China is one of the factors that is propping the price of the precious metal up in international markets. Several analysts believe that the loss of confidence in traditional investment options in China, and the geopolitical factors and U.S. sanctions have contributed to this end. China … Read more
The suspect has claimed over 40,000 STRK coins that belonged to victims, before converting them to over $90,000 USDT. Go to Source
Fund issuers and industry experts hope Hong Kong’s new crypto ETFs will open the doors for mainland Chinese investment in the future. Go to Source
Hong Kong already has a clear definition of Ethereum and it is not a security, said OSL Digital Securities head Wayne Huang. Go to Source
Cryptocurrency exchange Binance is under legal pressure in Canada and the Philippines, while U.S. prosecutors are demanding 36 months in prison for Changpeng Zhao. Go to Source
Before the launch of spot cryptocurrency ETFs in Hong Kong, the city’s ETF market accounts for 0.6% of the entire U.S. ETF market. Go to Source
Mainland Chinese citizens will not be able to purchase Bitcoin and Ether ETFs in Hong Kong because mainland China banned crypto transactions years ago. Go to Source
Yao Qian, the first director of CBDC development at China’s central bank, is reportedly under investigation for suspected law violations. Go to Source