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Top Caixin Global News

US Economy · ChinaUS Treasury Secretary Scott Bessent will meet with Chinese Vice Premier He Lifeng in Madrid to discuss trade, economic and national security issues in another sign that talks between the two sides are heating up.See the Story
Bessent, China Trade Negotiator to Meet in Madrid: Reuters
51% Center coverage: 29 sources

Finance · Hong KongThe Hong Kong Monetary Authority (HKMA) has circulated plans for easing the capital requirements for banks holding cryptocurrencies, local financial news outlet Caixin reported on Wednesday. The central bank released a draft paper for public comment with a view to clarifying the guidance on capital regulation for crypto assets, which will be implemented early next year.The drafted guidelines focus on lowering bank capital requirements if issuers…See the Story
Hong Kong's Central Bank May Ease Capital Rules on Banks Holding Crypto: Report
Coverage: 2 sources