China Escalates Crypto Crackdown with New Forex Rules
China is ramping up its anti-crypto measures with new foreign exchange regulations, making it harder for residents to engage in crypto trading. According to South China Morning Post,…
WTI Crude Oil Nears $72 Amid Strong Manufacturing Data from China
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China tightens crypto trade oversight with new Forex rules
The Chinese foreign exchange regulator released rules requiring the country’s banks to monitor and flag risky trades involving crypto assets. On Dec. 31, the South China Morning…
Gold Price Analysis: U.S. Dollar Weakness Fuels Gold’s $2,624 Stability
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Silver Prices Eye Rebound: Key Levels and $31 Target in Focus
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China’s New Forex Rules Make Crypto Trading Even Harder—Details
China has introduced new foreign exchange (forex) regulations, requiring banks to increase scrutiny over cryptocurrency-related financial activities. This move is part of Beijing’s ongoing efforts to clamp…