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CATEGORY: china us

Saudi Arabia Joining BRICS Would Accelerate Chinese Yuan’s Use as Trading Currency, Says Professor
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 06, 2023 05:50

Saudi Arabia Joining BRICS Would Accelerate Chinese Yuan’s Use as Trading Currency, Says Professor

Professor Ashok Swain of Uppsala University’s Department of Peace and Conflict Research says Saudi Arabia joining the BRICS economic bloc “would accelerate the bilateral trading being conducted using the yuan as the trading currency.?” How Saudi Arabia Joining BRICS Could Boost Use of Chinese Yuan Ashok Swain, a professor of peace and conflict research at [...]

The post Saudi Arabia Joining BRICS Would Accelerate Chinese Yuan’s Use as Trading Currency, Says Professor appeared first on Crypto Breaking News.

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Regulators Should Heed Crypto Risks When Innovating Regulation, Says Chinese Central Bank Official
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 04, 2023 05:50

Regulators Should Heed Crypto Risks When Innovating Regulation, Says Chinese Central Bank Official

A senior People’s Bank of China (PBOC) official has urged regulators to consider cryptocurrency risks and fraud that could lead to bank failures when innovating regulation. The Chinese official highlighted the recent collapse of U.S. banks that provided services to crypto customers as an example. “The regulation philosophy, technology, and capability must be upgraded to [...]

The post Regulators Should Heed Crypto Risks When Innovating Regulation, Says Chinese Central Bank Official appeared first on Crypto Breaking News.

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