CCP Partners With Bank for International Settlements to Displace the Dollar
“We will cultivate a trading center and pricing mechanism that puts China first (以我为主) and actively promote settlement in local currency.” ...
Saturday, May 4, 2024
Tag: Currency
Dollar Collapse: Top Indian Cement Producer Pays for Russian Coal Using Chinese Yuan
India’s largest cement maker UltraTech maneuvered its way away from using the U.S. dollar (USD) by using China’s yuan in ...
Here’s the Flimsy Basis for Congress’s Claim that Cryptos Pose a ‘Systemic Risk’ to the Economy
There’s an old saying attributed to Mark Twain that says, "No man's life, liberty or property are safe while the ...
Why China Fears Bitcoin
China’s crackdown on Bitcoin is best understood as a microcosm of our ongoing clash of ideas in the 21st century. ...
