Showing 161 Results for cryptocurrency
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Showing 161 Results for cryptocurrency
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November 29, 2019
ASIA: The US signed the Human Rights and Democracy Act into law, which requires the US to continue to monitor Chinese actions regarding Hong Kong citizen’s rights and freedoms. China issued the US a stern warning that if it continues to support a pro-democracy movement in Hong Kong, they will take “firm counter-measures.” The Chinese […]
November 7, 2019
China’s National People’s Congress has passed a new law to create a digital yuan. Back on December 5, 2013, the People’s Bank of China (PBOC) took its first step in regulating Bitcoin by prohibiting financial institutions from handling Bitcoin transactions. They were using Bitcoin to get money out of China in a modern money laundering scheme. Cryptocurrency […]
September 23, 2019
ASIA: The Chinese government has announced that they will be sending employees to around 100 different companies in the tech hub of Hangzhou, according to state local media. The government is trying to help bolster the economy as part of their “New Manufacturing Plan.” Of those companies Alibaba has accepted the government’s proposal to […]
September 19, 2019
ASIA: US President Trump has warned China that they will face a tough trade war. “It’ll be the toughest deal anybody’s ever had to make from the standpoint of China,” Trump said. His warning comes around if China waits to make a deal until after the US general election in November 2020. Today is the […]
August 30, 2019
QUESTION: Marty, living in Europe where the talk about the elimination of cash is loud I am asking myself what is planned for foreign currencies, e.g. USD, one holds in cash at home? They can´t forbid it because foreign exchange is needed for traveling. Even when they forbid it, there must be the possibility to […]
August 9, 2019
ASIA: The IMF has released a report stressing that the US-China trade war be resolved quickly as it is putting pressure on global growth. “That is not only good for China and the U.S., but also for the international community as a whole,” Jin Zhongxia, executive director for the People’s Republic of China, says in […]
July 16, 2019
ASIA: President Trump said today that there is a long way to go to reach the conclusion to this US-China trade deal. Additionally, there is a possibility of adding tariffs on another 325 billion USD worth of goods. China, meanwhile, has added another member to the negotiating team – the current minister Zhong Shan who […]
July 15, 2019
There have been many people who fear the forecasts of the Bible’s Revelations and the sign of the Beast that no one will be able to buy or sell without receiving “a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark […]
June 19, 2019
ASIA / AUSTRALIA: Nikkei has reported that Apple plans to move some of its manufacturing out of China. However, it is unlikely that the jobs will go to the US against the president’s wishes. “A lower birthrate, higher labor costs and the risk of overly centralizing its production in one country. These adverse factors are […]
June 18, 2019
ASIA / AUSTRALIA: There was upbeat news regarding the U.S.-China trade deal today. Trump stated that he and President Xi spoke and that they will have an extended meeting next week at the G20 event. A 6.7 magnitude earthquake hit the north east of Japan today, with expectations of perhaps multiple tsunamis to hit the […]