Tag: CNY
CNY has no basis for long-term depreciation
jack wei -
On August 24, experts said that although the volatility of the renminbi has risen recently, it does not have the basis for long-term depreciation....
What is the relationship between stablecoin and legal digital currency?
jack wei -
Perhaps, you have seen the news in the media that the central bank is researching fiat digital currency , and perhaps you have often heard the...
What currency is CNY
jack wei -
CNY stands for Renminbi , which is the currency symbol assigned to China by ISO. It is the legal tender of China . CNY...
What is Offshore RMB?
jack wei -
Offshore RMB (CNH) is a transitional institutional arrangement before RMB is convertible under capital account. The Capital Account is for the CurrentAccount. Both are...
Total crypto market cap risks a dip below $1 trillion if these 3 metrics don’t improve
The total crypto market capitalization has ranged from $1.19 trillion to $1.36 trillion for the past 23 days, which is a relatively tight 13%...