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For the first time in 2 years, Chinese Currency has surpassed 7:1 to exchange rates with the US Dollar

After touching a new low of 7.0188 Yuan per dollar in September 2022, the offshore exchange rate between China's fiat currency and the U.S. dollars recently crossed the 7:1 mark. The strengthening of the U.S. Dollar is driving the yuan's fall, just like other global currencies which have declined in 2022. The Yuan's Decreciation After […]

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China to Expand Digital Yuan Test in Pilot Cities to Provincial Level

China's central bank plans to expand the areas covered by digital currency trials in four regions. The announcement was made by a top representative from the central bank, while also highlighting the People's Bank's increased digitalization efforts in the past year. China's Government will Increase Digital Yuan Coverage in Four Provinces The Chinese authorities plan

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Africa-Focused Crypto Exchange Yellow Car Raises $40 Million via Series A Round

The Africa-focused crypto exchange Yellow Card announced that it had closed its $40 million Series A funding round. This announcement comes just over one year after the exchange raised $15 million in Series A funding. Funds to be used for the development of new products Yellow Card, a cryptocurrency exchange that focuses on Africa, announced

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Texas Gold IRAs

If you are interested in obtaining a gold IRA, there are several things that you should know before investing. These include the Tax implications of gold IRAs, the Cost of holding gold, and the eligibility requirements for these accounts. You should also know that only certain types of coins are permitted to be held in

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Gold IRA Companies

Many gold IRA companies will offer you a free information pack before you decide to sign up. While this won’t commit you to a contract, it will give you a good idea of whether the company is a good fit for you. You can also look up the company’s reputation online. Although all companies have

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Crypto Exchange Kraken Backs Enterprise Grade Liquid Staking Protocol

Alluvial, a liquid staking company, announced Tuesday that a group of organizations would collaborate to create the "first enterprise grade multi-chain liquid-staking protocol." Alluvial explained that the protocol will be called the "Liquid Collective" with Kraken as a foundation member. The Liquid Collective aims to promote a multi-Chain Liquid Staking standard Alluvial, a liquid staking

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Buy Gold With an IRA

If you want to buy gold with an IRA, there are a few things to keep in mind. IRAs typically provide separate storage for your gold. Some even offer the option to store your gold at home. This method is not approved by the IRS and can result in tax penalties. Read on to learn

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