People’s Bank of China expands investment channels with Hong Kong to promote yuan use

Hong Kong's new gold clearing system could shift global gold market dynamics, reducing reliance on London and integrating digital assets. The post Hong Kong launches trial of new gold clearing system backed by 11 major banks appeared first on Crypto Briefing.

The PBOC's support for Hong Kong's yuan futures trading could enhance RMB asset appeal, boost global capital inflow, and narrow rate spreads. The post People’s Bank of China backs Hong Kong’s yuan-denominated futures trading appeared first on Crypto Briefing.

JPMorgan's shift highlights the impact of China's policy changes on currency strategies, emphasizing the allure of higher-yielding markets. The post JPMorgan Asset Management trims long yuan positions, shifts to higher yielding currencies appeared first on Crypto Briefing.

Grove's Coinbase listing enhances its market reach, potentially boosting liquidity and adoption within the decentralized finance ecosystem. The post Grove spot trading goes live on Coinbase, GROVE-USD pair available today appeared first on Crypto Briefing.

Hong Kong’s Securities and Futures Commission has committed to separating the Certified Virtual Asset Platform practitioner exam from its mandatory course, reducing assessment fees, and improving study materials following talks with industry representatives. According to local media, the commitments were…

The rise of Hyperliquid signals a potential shift towards decentralized finance, challenging traditional exchanges and reshaping market dynamics. The post Hyperliquid captures 9% of global perpetual futures market, $4B open interest appeared first on Crypto Briefing.

Ethereum's market cap recovery enhances its appeal to institutional investors, potentially boosting its role in decentralized finance. The post Ethereum returns to top 100 global assets as market cap climbs back above $215 billion appeared first on Crypto Briefing.

Robinhood Chain's rapid ETH inflow signals a strong market interest in decentralized finance, potentially reshaping traditional stock trading. The post Robinhood Chain sees 10x increase in ETH bridging from Ethereum within days of launch appeared first on Crypto Briefing.