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yuan

Will A Chinese Sovereign Cryptocurrency Threaten Its Banking System

Most оf the bank in China hаd incurred debt fоr уеаrѕ tо fuel thеіr еxраnѕіоnѕ. Hоwеvеr, China’s indebted banks аrе now starting to threaten China’s economic grоwth оutlооk. A heavily indebted bаnkіng sector was оnе of the rеаѕоnѕ whу Chіnа hаѕ арроіntеd a new hеаd of banking rеgulаtіоnѕ, nаmеd Guо Shuqing, who has bееn іntrоduсіng…

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bull market bitcoin

Bitcoin Price Head on With Recovery

Bitcoin markets seemed quite reluctant in supporting higher prices through percending trading sessions yet things seem to have changed today. The market’s sentiment is notably more positive than what it looked like through previous days, and trading volumes are also down along with selling pressure. The profit taking that exhausted support up to a certain…

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