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Love Is Blind season 9 star Anna Yuan has responded to an onslaught of fan commentary about her body. “Hi friends, reminder that I am human,” Anna, 28, wrote via her Instagram Stories on Thursday, October 2. “A human who has devoted her life into a craft to make other women feel beautiful.” The hairstylist … Read more
Kraken completed a $500 million raise ahead of its planned 2026 public offering while Tether kicked off a multi-billion dollar funding round.
Home » Regulation » China establishes digital yuan hub in Shanghai to strengthen cross-border payments Shanghai center aims to advance digital yuan in cross-border trade as global partners seek alternatives to the US dollar. Photo: Dominic Kurniawan Suryaputra Key Takeaways China launched a digital yuan hub in Shanghai to promote international trade and cross-border payments … Read more
You’ve built the hit product — now what? That’s the question Zoom CEO Eric Yuan and Emergence Capital general partner Santi Subotovsky will take on in their session, What Comes After Breakout Success?. From expanding into new markets to launching the next product bets, this panel will explore how great companies avoid becoming one-hit wonders. … Read more
Financial innovation has come full circle. The blockchain is bringing the U.S. back to the era of private money, when banks and companies could issue their own currencies. This time, instead of gold and silver coins, corporate America is eager to issue their own stablecoins. The U.S.’s decision to embrace cryptocurrency through legislation like the … Read more
The People’s Bank of China is taking steps to expand its digital yuan project, starting with its free trade zones. On Friday, June 4, officials at the People’s Bank of China announced the expansion of financial innovations tied to its Shanghai Free Trade Zone. Notably, this includes broader applications of the digital yuan. Ji Min, … Read more
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit Perawongmetha | Reuters China is devising more ways for foreign institutions to use the yuan, as international confidence in the U.S. dollar falters. The moves aim at challenging the greenback, … Read more
The People’s Bank of China (PBOC) building in Beijing, China, on Thursday, Dec. 15, 2022. Bloomberg | Getty Images China expectedly kept its loan prime rates unchanged Monday, with the 1-year LPR at 3.1% and the 5-year at 3.6% as the central bank appears focused on stabilizing the yuan amid trade tensions with the U.S. … Read more
An artwork juxtaposing Chinese yuan cash bills with the China’s flag Javier Ghersi | Moment | Getty Images China will not be able to wield a weaker yuan as a weapon in its deepening trade war with the U.S. due to concerns that such a move could trigger financial market instability, market watchers told CNBC. … Read more
BEIJING, CHINA – JANUARY 06: The People’s Bank of China (PBOC) building is seen on January 6, 2025 in Beijing, China. Visual China Group | Getty Images China kept its key lending rates unchanged on Thursday, as Beijing juggles propping up growth and stabilizing its currency amid mounting trade frictions. The People’s Bank of China … Read more
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