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The confusion and commotion over cryptocurrency often reminds me of the 19th-century German drama Faust. In Goethe's ...
May 17, 2005 — -- The Treasury Department's semi-annual report to Congress on foreign exchange released today called for change in China's policy of linking its currency (the yuan or renminbi) to ...
So what has China achieved so far? By any measure, the yuan lacks cachet. Though China is responsible for nearly a fifth of ...
Adding to the urgency for China is the newfound legitimacy for stablecoins conferred by a law President Trump signed in July.
WASHINGTON (AP) — The Treasury Department wants U.S. financial institutions to monitor for suspected Chinese money laundering networks handling funds that are used to fuel the flood of fentanyl across ...