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February 13th - On February 12th, Ling Ji, Vice Minister of Commerce and Deputy Representative for International Trade Negotiations, chaired a roundtable meeting with German-invested enterprises. Representatives from over 60 German companies and associations, including the German Chamber of Commerce and Industry Beijing Representative Office, the German Chamber of Commerce in China, BASF, BMW Group, and Bayer Group, attended the meeting. Relevant departments from the Ministry of Commerce, the National Development and Reform Commission, the State Administration for Market Regulation, the State Intellectual Property Office, and the Cyberspace Administration of China interacted with the German companies, actively responding to their concerns regarding government procurement, intellectual property protection, and optimizing the business environment.Switzerlands January CPI rose 0.1% month-on-month, compared to a forecast of 0% and a previous reading of 0.00%.Switzerlands January CPI rose 0.1% year-on-year, below the expected 0.10% and the previous reading of 0.10%.February 13 – Foreign Ministry Spokesperson Lin Jian held a regular press conference on February 13. According to reports, preliminary vote counts show that the Bangladesh Nationalist Party (BNP) won a majority of seats in the Bangladesh National Assembly elections, and its chairman, Tariq Rahman, son of former Prime Minister Khaleda Zia, is expected to become Prime Minister. A Bloomberg reporter asked about this at the conference. Lin Jian stated that China has noted the smooth and successful holding of the national elections in Bangladesh, with the BNP achieving a significant lead. China supports Bangladesh in advancing its domestic political agenda and is willing to work with Bangladesh to continuously advance the China-Bangladesh comprehensive strategic cooperative partnership.February 13 – Foreign Ministry Spokesperson Lin Jian held a regular press conference on February 13. A Bloomberg reporter asked, “Japan claims it has detained a Chinese fishing vessel and arrested its captain because the vessel attempted to evade inspection after entering Japan’s exclusive economic zone. What is the Foreign Ministry’s comment on this?” Lin Jian stated that the Chinese government consistently requires Chinese fishermen to operate in accordance with laws and regulations, while resolutely safeguarding the legitimate rights and interests of Chinese fishermen. He expressed hope that Japan would strictly abide by the China-Japan Fisheries Agreement, enforce the law impartially, and protect the safety and legitimate rights and interests of the Chinese crew members.

Indonesian Crypto Exchange Ensures Compliance With Biometric Security-Based Wallet

Cory Russell

May 11, 2022 10:37

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According to statistics site CoinMarketCap, crypto assets have lost about $800 billion in market value in the last month, reaching a low of $1.4 trillion on Tuesday, as the end of free monetary policy dampens desire for risk assets.


According to statistics site CoinMarketCap, crypto assets have lost about $800 billion in market value in the last month, reaching a low of $1.4 trillion on Tuesday, as the end of free monetary policy dampens desire for risk assets.


Bitcoin, which accounts for roughly 40% of the cryptocurrency market, fell to a 10-month low on Tuesday before rebounding to $31,450, only six days after hitting $40,000. It was down more than 54% from its all-time high of $69,000 on November 10th.


Prices of digital assets have fallen, reflecting a drop in stocks on worries of aggressive interest rate rises throughout the world to combat decades-high inflation. The Nasdaq, which is heavily weighted in technology, was down 28% from its all-time high in November 2021.


According to CoinMarketCap, the total crypto market worth was $2.2 trillion on April 2, down from an all-time high of $2.9 trillion in early November.


"Bitcoin remains closely tied to larger economic circumstances, implying that the road ahead may regrettably be bumpy, at least for the time being," stated blockchain data firm Glassnode in a note.


Investors were also alarmed by signs of weakness in stablecoins, which are normally a safer crypto currency. TerraUSD, the fourth-largest stablecoin in the world, lost a third of its value on Tuesday after losing its dollar peg.


According to a study issued on Monday by digital asset management Coinshares, despite bitcoin's price drop, funds and products related to it saw inflows of $45 million last week as investors took advantage of market weakness.


"An enormous amount of liquidity has inflated some of these cryptocurrencies," said Nordea Asset Management's senior macro analyst, Sebastien Galy. As various central banks tighten their monetary policies, he expects crypto, which is also tied to high-growth equities, will face pressure.