China News by Thebittimes.Com

Despite recent downturns in the cryptocurrency market, several digital assets show strong potential for significant growth in the coming months. As the global cryptocurrency market cap stands at $2.4 trillion with a 2.9% increase in the last 24 hours, certain cryptocurrencies present promising investment opportunities.  Finbold has identified two digital assets likely to reach a market cap of $50 billion by the end of July. XRP(XRP)  XRP  has been navigating through a challenging phase, particularly with its price consolidating below the $1 mark. Currently priced at $0.4771, XRP has faced resistance at the $0.4820 level, resulting in declines below $0.4750.  Picks for you Is Bitcoin volume dying out? Weekend trading hits rock bottom 1 hour ago ...

Join Our Telegram channel to stay up to date on breaking news coverage Brave, the crypto industry’s privacy-focused web browser, announced yesterday, March 10th, the rollout of a brand new feature. With it, Brave users can now go into their wallet to not only buy any of the supported cryptocurrencies but sell them as well. Tokens can be sold in exchange for a number of fiat currencies, including EUR, USD, and GBP. Brave’s new move should make self-custody simpler for the users With this move, Brave has eliminated the need for users who wish to sell their cryptocurrencies and withdraw the money to export them out of the wallet itself. This will save time and money that was otherwise spent on transaction fees, allowing users to profit more. Furthermore, it allows users to easily maintain ownership of their money through easy and intuitive self-custody — something that has always been one of the major selling points of the crypto industry. Of course, with centra...

Join Our Telegram channel to stay up to date on breaking news coverage In October, the Investment Industry Regulatory Organization of Canada registered Toronto-based Coinsquare as the country’s first cryptocurrency trading company (IIROC). This is significant since Coinsquare is now forced to disclose its financial condition on a regular basis and investors’ monies are now protected by the Canadian Investment Protection Fund in the event of collapse. This news serves as a reminder of the unique aspects of Canadian crypto currency regulation. The nation outperforms the neighboring United States in its experiments with crypto currency exchange-traded funds (ETFs), pension fund investments, and central bank digital currency (CBDC) efforts—even though it still has a somewhat rigid licensing process for producers of virtual assets. A time of limited dealers Since none of its rivals can now claim the same legal footing, Coinsquare, which also happens to be Canada...

Both facing sanctions, Russia and Cuba are looking into alternative options for cross-border payments, including crypto currencies , a Kremlin advisor has unveiled in Havana. Moscow is already developing a mechanism for crypto settlements to circumvent financial restrictions imposed over its invasion of Ukraine. Crypto and Ruble Considered for Payments in Trade Between Russia and Cuba The governments of Russia and Cuba are considering the use of Russian rubles and crypto currencies to facilitate bilateral cooperation against the backdrop of sanctions imposed on both nations. The news comes from a statement made by Boris Titov, commissioner for entrepreneurs’ rights under the Russian president, who visited Havana. Russia’s business ombudsman arrived in the Cuban capital during the 38th edition of the Havana International Fair. “All of us, Cuba and Russia, are under sanctions, the dollar turnover is the main financial mechanism that exists in the world for mutual settlements, but tod...