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2023-04-05 12:20:36

China’s Banking Crisis Escalates, Shockwaves Felt In Global Crypto Markets

China’s Banking Crisis Escalates, Shockwaves Felt In Global Crypto Markets

The post China’s Banking Crisis Escalates, Shockwaves Felt In Global Crypto Markets appeared first on Coinpedia Fintech News The Chinese banking crisis continues to escalate as authorities launch a probe against Everbright, China‘s state-owned asset management group. Li Xiaopeng, Everbright’s former chairman and party chief, has been accused of violating law and discipline. This latest development comes amid a global banking crisis that shocked the $60 trillion Chinese finance industry. Related: “China Crypto …

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