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 […]
Tag: China
By Emir Abyazov Key highlights: China names iris data-for-crypto schemes a national security threat. Worldcoin-style biometric programs face bans and regulatory pushback. Warnings highlight economic and privacy concerns tied to cryptocurrencies. China has declared that a foreign company harvesting users’ iris data in exchange for cryptocurrency poses a threat to national security. The Ministry of […]
By ItalianCannon Key Points: Trade policies such as tariffs and sanctions directly influence currency values by altering supply and demand dynamics across borders Cryptocurrencies are increasingly impacted by geopolitical trade tensions, despite their decentralized nature Sanctioned nations are turning to digital assets as alternative financial channels to bypass international restrictions The U.S.-China trade conflict has […]