Brazil and China Sign Agreement to use National Currencies instead US Dollar

Written by croptoman - 30 march 2023 - no comments

In a historic move, Brazil and China have announced their decision to abandon the US dollar in favor of their respective national currencies.

Chinese State-Owned Banks Express Interest in Working with Crypto Businesses through Hong Kong

Written by croptoman - 27 march 2023 - no comments

As the global market for cryptocurrencies continues to grow, Chinese state-owned banks have expressed their interest in working with crypto businesses through Hong Kong.

The Chinese are actively paying digital yuan

Written by croptoman - 19 march 2023 - no comments

Over the past few years, China has been developing and testing its digital currency, the Digital Yuan.

KuCoin and Circle Invest $10M in Chinese Stablecoin

Written by croptoman - 16 march 2023 - no comments

KuCoin, a Singapore-based cryptocurrency exchange, and Circle, a US-based financial technology firm, have jointly invested $10 million in a Chinese stablecoin, according to recent reports.

WeChat adds digital yuan support

Written by croptoman - 08 march 2023 - no comments

In recent years, digital currencies have gained significant traction in the global financial system, with many countries and organizations exploring the possibilities of launching their own digital currencies.