Angola allows banks to use China’s yuan for reserve requirements, signaling dollar diversification push

The legislation could strain US relations with major economies like China and India, while intensifying scrutiny on global crypto transactions. The post Senator Graham posts agreement to hold Russia energy buyers accountable with 500% tariff threat appeared first on Crypto Briefing.

The rise of stablecoins could reshape global finance, challenging traditional payment systems and creating new opportunities and risks. The post Coinbase executive predicts stablecoins will surpass fiat volume in 5 years appeared first on Crypto Briefing.

The post India Gold Discounts Widen to $19 as China Buying Streak Hits 20 Months appeared on BitcoinEthereumNews.com. Indian jewelers are cutting gold prices by as much as $19 an ounce this week as sharp volatility freezes retail buying, while China’s central bank keeps adding to its reserves. The contrast highlights diverging gold strategies across Asia’s two largest markets during a volatile month for the metal. Spot prices dropped to a seven-month low in late June before rebounding, fueling the wide swings dealers cite this week. India’s Discounts Deepen as Buyers Hesitate Dealers in India cut prices by up to $19 an ounce this week, according to Reuters. Sharp volatility has discouraged fresh purchases, and many buyers are avoiding the market entirely. Retail activity has shifted toward exchanging old jewelry for new pieces, so jewelers do not need to restock as often. This shift lowers demand for freshly mined bullion and keeps discounts elevated. Indian jewelry volumes fell 19% ye

Stablecoins are no longer just a crypto trading tool — they're becoming the new payment rails for banks, fintechs, and money movers worldwide.

The post China: Growth slowdown with uneven momentum – DBS appeared on BitcoinEthereumNews.com. DBS economists Radhika Rao and Mo Ji project China’s Gross Domestic Product (GDP) growth to slow from 5.0% year-on-year in Q1 to 4.8% in Q2. They note resilient industrial production and strong export growth driven by AI-related electronics, but highlight weak retail sales, subdued household sentiment, and continued drag from declining property prices and falling fixed asset investment. AI exports offset weak consumption “Economic growth is expected to decelerate from 5.0% yoy in Q1 to 4.8% in Q2, amid uneven domestic momentum.” “Industrial production is expected to improve from 4.5% in April to 4.6% in June, amid resilient external demand.” “Exports growth should have maintained its momentum with growth of 20.4% in June, driven by regional AI-electronic demand.” “However, retail sales growth is projected to moderate to 0.5% in June 2026, partly due to a high base effect from last year’s tra

This situation could lead to stricter AI export regulations, impacting US firms' global market access and boosting China's domestic AI industry. The post OpenAI and Google caught selling AI models to Pentagon-blacklisted Chinese firms appeared first on Crypto Briefing.

China's warning to Russia reshapes global nuclear diplomacy, potentially stabilizing geopolitical tensions and influencing market risk perceptions. The post China warns Russia against considering nuclear weapons in Ukraine, reshuffling geopolitical risk calculus appeared first on Crypto Briefing.

China's helium export ban exacerbates global supply chain vulnerabilities, impacting semiconductor and AI industries amid geopolitical tensions. The post China temporarily bans helium exports amid US-Iran tensions, threatening chip and AI supply chains appeared first on Crypto Briefing.