Are a raft of recent FUD events coincidental, or are global authorities targeting unregulated crypto exchanges? ( read original story …)
Monthly Archives For November 2020
Biden victory rally soothes market pain as Hong Kong investors look beyond Ant Group IPO stumble
Ant Group’s US$167.7 billion IPO refund comes at an opportune time for retail investors in Hong Kong to ride the Biden-powered stock rally. ( read original story …)
Blockchain and the future of digital and crypto currencies
With the advances in online banking, contactless payments, and the recent concerns related to using physical currency in the days … ( read original story …)
Bitcoin Global Launches P2P Crypto Trading App for Mobile Devices
Peer-to-peer cryptocurrency trading platform Bitcoin Global has launched its mobile app for iOS and Android devices. In addition to a fast and anonymous … ( read original story …)
Dining With Biden: Beijing Restaurant Recalls Visit From U.S. President-Elect
A Beijing restaurant owner congratulated her “old friend” and one-time customer Joe Biden on Monday after the U.S. Democratic candidate emerged victorious in a tightly fought U.S. presidential … ( read original story …)
China, Russia hold off on congratulating Biden; U.S. allies rally round
China and Russia held off congratulating U.S. President-elect Joe Biden on Monday, with Bejing saying it would follow usual custom in its response and the Kremlin noting incumbent Donald Trump’s vow … ( read original…
For Investors, China’s Yuan Is the Big Winner From Biden Victory
Joe Biden will be the next U.S. president but for the $6.6 trillion-a-day currency trading world, the undisputed victor is China’s yuan, as investors bet trade tensions with Washington will recede and … ( read…
Joe Biden will ‘seal US fate as FAILED empire by snubbing bitcoin’ – China lying in wait
JOE BIDEN’S disdain for bitcoin could “seal America’s downfall and fate as a failed empire” and unwittingly hand world primacy to China, whose own digital currency will soon dominate and eclipse the … ( read…
How Badly Will the Ant Group IPO Debacle Hurt Alibaba Stock?
Alibaba’s stock recently tumbled after Chinese regulators derailed the public debut of its fintech affiliate Ant Group. Alibaba holds a 33% stake in Ant, which owns the digital pa … ( read original story …)
Hong Kong opposition lawmakers threaten to quit en masse if Beijing disqualifies four for filibustering
Hong Kong opposition lawmakers dropped a political bombshell on Monday by saying they would resign en masse if Beijing decided to unseat four of them over filibustering. The four lawmakers could face … ( read…
The Duty-Free Business Must Reroute to China
Beijing is using the Covid-19 crisis to encourage China’s globe-trotting consumers to spend more back at home. Europe’s stricken duty-free operators have to follow them. ( read original story …)
The US-China rivalry in tech and trade won’t end because Joe Biden is president
President Donald Trump spent much of his term setting up Beijing as Washington’s greatest political and economic adversary. Don’t expect drastic changes when Joe Biden takes the helm, even if he … ( read original…
Central bank experiments with CBDC will drive securities onto blockchain
Fear of Chinese advances with programmable money and Facebook’s Libra are pushing central banks to digital currencies, which may transform financial markets. ( read original story …)