No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now.
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QCP Capital: Middle East Tensions Hit Bitcoin Harder Than Traditional Markets
In its Oct. 2 market analysis, QCP Capital highlights the effect of escalating Middle Eastern conflicts on traditional financial (tradefi) assets and the cryptocurrency market.
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QCP Capital Analyzes Bullish Macro Trends Impacting Bitcoin and Risk Assets
According to QCP Capital’s latest analysis, macroeconomic conditions are becoming increasingly favorable for risk assets, including cryptocurrencies. Central bank policies, particularly from China and the
Read moreBitcoin price target rises to $78K after Chinese stimulus package
Bitcoin rallied strongly after the previous two stimulus package announcements by the People’s Bank of China.
Read moreChinese court sentences gang for money laundering using digital yuan
The Chinese CBDC’s “controllable anonymity” seems to be very highly controlled.
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China Halts Gold Buying in May, Ending 18-Month Buying Spree
The People’s Bank of China (PBOC) paused its gold acquisitions in May, ending 18 months of continuous buying as spot gold prices hit record highs.
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