China’s Xi Asks ASEAN Nations to Join in Building of ‘Digital Silk Road’
Xi Jinping pushed for digitally enhanced trade among Southeast Asian nations in a keynote at the China-ASEAN Expo on Friday. Source
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China’s Xi Asks G20 Countries to Be ‘Open and Accommodating’ to CBDCs
In a wide-ranging speech, Xi said that the G20 group “needs to discuss developing standards and principles for central bank digital currencies.” Source
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President Xi Jinping Solely Responsible for Ant Group’s Halted IPO
The move by President Xi Jinping to halt the Ant Group’s IPO may take a subtle backing from the need to beat down competition for the soon to be launched Digital Currency Electronic Payment (DCEP) system.President Xi Jinping, the Chinese President and leader of the China Communist Party (CCP), has
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China Should Take Part in Creating Regulatory Framework for Digital Currency, Xi Says
China's president said the nation should proactively participate in setting the international framework. Source
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How The Xi Pump of 2019 Backs Up Bitcoin Bearish Retest Theory
Several signs now suggest that Bitcoin’s recent pump to $11,000 that failed to hold could have been a
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President Xi Shockingly Told China to Chill on Coronavirus Alarm
Chinese President Xi Jinping warned officials that their response to the coronavirus outbreak had already harmed the nation’s economy. Local authorities told to reign-in the scale of their response. China’s central bank declares the country’s economic health must be the first priority. China’s President Xi Jinping reportedly told staffers
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China’s President Xi Has ‘Credentialized’ Cryptocurrency, Says Novogratz
China’s President Xi Jinping gave credibility to blockchain and crypto by calling the country to accelerate blockchain adoption, said Galaxy Digital CEO Mike Novogratz. The cryptocurrency investor delivered his remarks speaking at the Reuters Global Investment Outlook 2020 Summit in New York on Nov. 5.Xi “just credentialized crypto and
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Bitcoin Price Must Now Break $9.5K to Prove ‘Xi Pump’ Wasn’t a Fluke
Bitcoin price (BTC) is currently locked in a battle to stay above the descending channel and have another run at the recent high at $10,540. In order to do this, first, the digital asset needs to overtake the resistance levels at $9,300 and $9,400. Was the “Xi pump” a fluke? As
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FTX Launches Futures on Index of 8 China Cryptos Amid Xi Blockchain Pump
Derivatives exchange FTX has launched an index of eight popular China-based cryptocurrencies. Announced in a tweet by the firm’s CEO Sam Bankman-Fried Tuesday, the Dragon Perpetual Futures Index (DRGN-PERP) tracks a basket of coins including BTM, IOST, NEO, NULS,
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Xi Blockchain Endorsement Triggered Buying Frenzy in Chinese Cryptocurrencies
Chinese President Xi Jinping announced support for blockchain last Thursday. The news was welcomed by the crypto community as Chinese altcoins such as NEO, TRON and Qtum skyrocketed over the weekend. Analysts believe that there’s more to the hype and speculation that powered the move of Chinese coins in their USD and
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