President Biden on Tuesday signed a long-awaited executive order on cryptocurrencies, directing federal agencies to focus regulatory attention on six areas, including protecting U.S. consumers and …
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Coinbase Blocks Russia-Linked Crypto Wallets
Crypto-currency trading platform Coinbase has blocked 25,000 wallet addresses related to Russia. The platform said the addresses were related to Russian individuals or entities it believed to have …
Australia announces ambitious military buildup alongside US to contain China, ‘a loss-making business’
Australia announced its second major military plan within a week as Prime Minister Scott Morrison said Thursday that the country would make its biggest military expansion in four decades. However, …
Stevanato Group to Create Manufacturing Hub in China
Stevanato Group (NYSE: STVN) (the “Company”), a global provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries, today …
Ukraine invasion: how much Russian oil will China soak up after the US, Britain announce embargo?
China is expected to absorb incremental amounts of Russian oil following an import ban imposed by the United States and Britain However, uncertainty over shipping and fears of secondary sanctions mean …
China exports more electric cars than anyone else
China is now the world’s biggest exporter of electric cars. The middle kingdom wrapped them and sent them to Europe and Southeast Asia. According to the General Administration of Customs of China, the …
Can China’s SWIFT Alternative Give Russia a Lifeline?
Can Russia’s increasing use of the RMB and connectivity with China’s international payment system mitigate the economic fallout of sanctions?
China urges state refiners to halt April fuel exports, sources say
Beijing has told Chinese state refiners to consider suspending exports of gasoline and diesel in April as the Ukraine war heightens concern of shortages, three sources with knowledge of the matter …
US finally moves on crypto – but it’s a hug, not a punch
And it must play a leading role in international engagement and the global governance of digital assets consistent with democratic values and US global competitiveness. The big-picture aim, then, is …
‘Late to the game’: Despite Biden executive order, US lags other nations regulating crypto
The US joined the growing list of nations trying to regulate cryptocurrency with the executive order Biden signed, well behind other countries.
HK IPO market withers under volatility
Hong Kong’s IPO market will have to hunker down for a difficult period ahead, with listing applications coming through quickly but deals unlikely to materialise, ECM bankers have warned. The city’s …
China eases control to let ruble fall faster against yuan
China is easing government exchange rate controls to let the Russian ruble fall faster in value against the Chinese yuan in a move that would help to insulate Beijing from economic sanctions on Moscow …
China’s Rural Revitalization Strategy: Opportunities for Investment
A significant amount of China’s populace still live in rural areas, which opens up several investment opportunities under the rural revitalization strategy.
