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Category China

China and Russia adopt digital payments for trade

China and Russia adopt digital payments for trade

China and Russia are ditching traditional banking for digital payments in their trade dealings. Sanctions on Russia have made banking a nightmare, ...
Jul, 26, 2024
2 min read
by CryptoPolitan
Senator Elizabeth Warren says foreign crypto miners are a threat to national security

Senator Elizabeth Warren says foreign crypto miners are a threat to national security

American crypto skeptic Senator Elizabeth Warren claimed during a Senate hearing on July 25th that foreign crypto mining facilities could be a thre...
Jul, 26, 2024
2 min read
by CryptoPolitan
Chinese tech giants integrate Meta’s Llama 3.1 AI model into cloud services

Chinese tech giants integrate Meta’s Llama 3.1 AI model into cloud services

Chinese technology giants Alibaba Group Holding and Tencent Holdings have swiftly integrated Meta Platforms’ latest AI model, Llama 3.1, into their...
Jul, 25, 2024
2 min read
by CryptoPolitan
Bitcoin, Stocks Bleed as China Rate Cuts Signals Panic, Treasury Yield Curve Steepens

Bitcoin, Stocks Bleed as China Rate Cuts Signals Panic, Treasury Yield Curve Steepens

China's back-to-back interest-rate cuts signal urgency to shore up growth after the recent Communist party plenum offered little support to the nat...
Jul, 25, 2024
by CoinDesk
Chinese-based Microsoft employees are in relocation dilemma

Chinese-based Microsoft employees are in relocation dilemma

Employees at Microsoft in China are in a dilemma as they weigh their options between staying in Beijing or relocating overseas. This comes as the c...
Jul, 24, 2024
3 min read
by CryptoPolitan