Yuan
A 'Petroyuan' Could Further Shake the Dollar's Dominance
Saudi-Chinese talks "accelerate" just as unprecedented sanctions against Russia whet global appetites for greenback alternatives.
Bitcoin's Next Move Ahead of Tomorrow's Fed Interest Rate Decision
Prime Trust Chief Product Officer Sara Xi discusses her outlook for bitcoin as investors await the interest rate decision from the Federal Reserve's two-day meeting. Plus, why China's latest COVID outbreak could cause inflationary pressure, and what Saudi Arabia's potential oil sale to China in Chinese yuan could mean for bitcoin.
A Post-Dollar World? Saudi Arabia Reportedly Considers Accepting Yuan Instead of Dollar for Chinese Oil Sales
Saudi Arabia is reportedly in talks with Beijing to price some of its oil sales to China in Chinese currency yuan instead of the U.S. dollar. This could dent dollar’s dominance in the global market.
Saudi Arabia Mulls Pricing of China Oil Sales in Yuan: Report
The move would be a challenge to the U.S. dollar, which has dominated as the medium of exchange for the oil trade for decades.
Cuáles son las monedas que podrían reemplazar al dólar como principal reserva de valor
La participación de la moneda estadounidense en las reservas mundiales no ha dejado de disminuir desde hace años. ¿Tomará el euro, yuan o bitcoin su lugar en el centro de las finanzas mundiales?
Ranking the Currencies That Could Unseat the Dollar
The dollar's share of global reserves has declined steadily for years. Will the euro, yuan or bitcoin take its place at the center of global finance?
Bitcoin News Roundup for May 27, 2020
While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It's another episode of CoinDesk's the Markets Daily podcast.
Slipping Chinese Yuan May Boost Bitcoin Price, Past Data Suggests
With historical data suggesting an intermittent correlation, bitcoin traders may do well to keep an eye on the ongoing slide in the yuan, analysts say.
China’s Central Bank: Here’s the Latest on the Digital Yuan
The People's Bank of China said several important processes in the development of the digital yuan were "almost complete."
China Central Bank Official: Digital Yuan Should Have 'Controllable Anonymity'
China's proposed digital yuan should strike a balance between protecting privacy and regulatory enforcement, a central bank official said.
