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HSBC processes first blockchain letter of credit using Chinese yuan

HONG KONG (Reuters) - HSBC completed the first yuan-denominated blockchain-based letter of credit transaction, the bank said on Tuesday. HSBC, like many of...

Trade tensions and a weaker yuan drive Chinese crypto demand, market players say

LONDON/NEW YORK (Reuters) - Trade tensions between the United States and China and a weakening yuan are boosting demand for cryptocurrencies among Chinese investors,...

Chinese Yuan Drop Drives Investors to Bitcoin

Digital currency industry veterans state Chinese financial specialists are endeavoring to trade the yuan for different resources, similar to dollars and bitcoin, in light...

ViaBTC Begins Trading Bitcoin Cash (BCC) for Chinese Yuan (CNY) in Anticipation of UAHF

Matthew Neuteboom · July 22, 2017 · 4:00 pm ...

BTCChina Lists Ether To Chinese Yuan Trading Pair

News wallets and exchanges ...

Major Chinese Exchanges Process Majority of May’s Bitcoin Trading Volume in Yuan

A lot of cryptocurrency traders are relieved to hear the major Chinese exchanges are back in business. it appears these companies just continued where...

China Over-the-Counter Hype Sees Bitcoin Price Hit 20k Yuan

Wilma Woo · May 25, 2017 · 3:00 pm ...

Chinese Yuan Takes Yet Another Big Hit Due To Downgraded Moody’s Rating

While the cryptocurrency world is in a frenzy, it is good to look at the traditional financial sector. The Chinese Yuan has started yet...

No Direct Correlation Between Chinese Yuan & Bitcoin Price, Here’s Why

Some analysts suggest that there still exists a strong correlation between Bitcoin price and the Chinese market. While this correlation has not been proven,...

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