Tag: Beijing

China Considers Yuan-Pegged Stablecoins to Boost Global Influence

By Emir Abyazov   Key highlights: China may allow yuan-pegged stablecoins to boost its global currency influence. Conflux has already launched a CNH-backed stablecoin for cross-border payments. Policy shift challenges dollar dominance amid growing global stablecoin adoption. China is reportedly considering allowing stablecoins pegged to the yuan for the first time, signaling a major reversal […]

Why Bitcoin Is Up Today: Markets React to $3B Cantor BTC Venture, U.S.-China Optimism, and Fed Stability

By Marco Piccolo Bitcoin is enjoying a remarkable rally this week, fueled by a series of powerful macroeconomic and institutional catalysts. The world’s largest cryptocurrency by market capitalization hit as high as $94,400 as investor sentiment soared on the back of positive developments across the financial and geopolitical landscape. Trade Crypto on Kraken Cantor Fitzgerald’s […]