China’s central bank has called on major state banks and payment services providers like Alipay to reinforce anti-crypto restrictions.
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Banks fall in line as China’s central bank cracks down on crypto accounts
China’s central bank urges tougher crackdown on cryptocurrencies
China’s central bank said on Monday it had summoned some banks and payment institutions recently, urging them to crack down harder on cryptocurrency trading. The People’s Bank of China’s meeting …
China May local govt special bond issuance at 452.4 billion yuan
China’s local governments issued 452.4 billion yuan (US$70 billion) in special bonds in May, compared with 343.9 billion yuan the previous month, …
Red Finance: a Little-Known Battlefront Behind the 100-Year CPC
The Communist Party of China has managed to create its own financial system in its nearly 100-year history. The system supported the regime to become powerful and helped in the development and …
China Continues Bitcoin Mining Crackdown to Improve Capital Controls Enforcement, Enhance RMB Protections, Strength Digital Yuan Use-Case: Report
China continues crypto mining crackdown to improve capital controls, enhance RMB protections, strength digital yuan use-case: Report .
Bitcoin falls to 2-week low as Crypto faces China’s backlash
China has ordered payment platform Alipay and domestic banks to not provide services linked to trading of virtual currencies.
Bitcoin tumbles 8% after China steps up crackdown on crypto mining, shutting down 26 key sites in Sichuan
Sichuan authorities have ordered bitcoin miners to “clean up and terminate” their operations, according to media reports.
China’s Bairong Launches Share Repurchase and Stock Incentive Schemes
Bairong Inc (“Bairong” or “the Company”; 6608.HK), a leading independent AI-powered technology platform in China, has initiated a share repurchase plan and adopted a stock award scheme in a move that …
Bitcoin Falls to Two-Week Low as China Cracks Down on Crypto
Bitcoin fell to a two-week low amid an intensifying cryptocurrency crackdown in China.The largest virtual currency fell 11% to $31,886 as of 7:26 a.m. in New York. Ether declined 15% to $1,910.China …
Sales Associate Live Streaming Has Become A Must-Have For Brands In China
Brands in China have shifted away from costly influencer collaborations, training sales associates to become their in-house live streamers – and its driving results.
How China broke the Asian model
What do you think is unique about the China model?” That was the question posed to me by a television reporter, last time I was in Beijing. My answer was that I don’t think there…
China reforms bank deposit rate system to unleash liquidity for small businesses
The People’s Bank of China (PBOC) has changed the way banks calculate deposit rates, lowering fundraising costs for financial institutions to ensure liquidity for small businesses.
Ag exports to China could continue to climb
Former ag trade negotiator Gregg Doud shares his insight on future ag export potential to China. China’s demand for meat and grain will continue, helping to fuel higher U.S. commodity prices, says …
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