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Tag: China

Bitcoin rallies to $61K, but derivatives traders are still skeptical — Here is why

September 17, 2024 wp-bot Cointelegraph

Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last.

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BRICS Payment Platforms Gain Momentum as US Dollar Alternatives, Says Russian Official

September 17, 2024 wp-bot Bitcoin News

BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These

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Bitcoin price turns shaky ahead of potential Fed rate cut and weak global economic data

September 16, 2024 wp-bot Cointelegraph, Kraken

Bitcoin price wobbles near $58,000 as uncertainty over the Fed’s monetary policy decision looms and traders eyeball weak economic data in China.

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Chinese gov't mulls anti-money laundering law to 'monitor' new fintech

September 14, 2024 wp-bot Cointelegraph

According to the Chinese government, 1,391 individuals have been prosecuted on money laundering-related charges in the first half of 2024.

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China Moves to Address Crypto Money Laundering Activities With New Law Draft Revision

September 14, 2024 wp-bot Bitcoin News

China is moving to update its legislation to tackle new money and cryptocurrency money laundering crimes. The Chinese Congress is set to introduce new money

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Saudi Minister Hints at 86 Million Tonnes of Petroyuan Adoption, States Country Is ‘Open to New Ideas’

September 13, 2024 wp-bot Bitcoin News

Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources, stated that while the petroyuan – the use of the Chinese currency to settle oil shipments

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