Stablecoins Could Help US Compete with China – Paul Ryan
According to a former U.S. House of Representatives speaker, Paul Ryan, the US dollar could maintain pace with the Chinese yuan through dollar-pegged stablecoins. In an opinion piece published in the Wall Street Journal on June 13, Paul Ryan contended that dollar-backed stablecoins are “one solution” to maintain the dollar’s appeal, as the United States […]
Binance delists Chinese Yuan (CNY) trading pairs on its platform
Binance cryptocurrency exchange is the latest to join the list of leading crypto exchanges in China that are closing their doors due to the tough regulatory crackdown in the country. Binance said earlier today, October 13, that on December 31, 2021, the crypto exchange will completely delist the CNY trading zone . Binance has released […]