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Olympics: Australia weighing whether to let athletes jump vaccine queue

Australia is considering whether to prioritise athletes and support staff in the COVID-19 vaccine rollout with the Tokyo Olympics fast approaching.The Australian Olympic Committee (AOC) has asked the government to allow athletes to jump the queue as the country’s national vaccine program struggles with roadblocks.”The government is in direct contact with the AOC over its…

China’s digital currency will be distributed using a two-tiered system to help get it into consumers’ hands

China has become the first major economy to roll out a digital currency.  The digital yuan will bypass the global financial system. Economists, however, warn it could endanger the US dollar in the long term.  See more stories on Insider’s business page. The People’s Bank of China (PBOC) has introduced its first blockchain-powered digital currency…

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Japan ensures G20 pledge vs ‘disorderly’ moves as FX language tweaked, sources say

TOKYO (Reuters) – Japan made sure that language warning against excess currency market volatility remained in place when G20 finance leaders made a rare tweak to their message on exchange-rate moves, said officials with knowledge of the deliberations.In the first communique compiled since U.S. President Joe Biden took office, finance leaders of the Group of…

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Cryptocurrency inflows hit all-time high of $4.5 billion in first-quarter: Coinshares

NEW YORK (Reuters) – Inflows into cryptocurrency funds and products hit a record $4.5 billion in the first quarter, suggesting increased institutional participation in the once-maligned sector, data from digital currency manager Coinshares showed on Tuesday.FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken…

China’s digital currency will be distributed using a two-tiered system to help get it into consumers’ hands

China has become the first major economy to roll out a digital currency.  The e-yuan will bypass the global financial system. Economists, however, warn it could endanger the US dollar long-term.  See more stories on Insider’s business page. The People’s Republic of China (PBOC) introduced its first blockchain-powered digital currency controlled by its central bank,…

China’s digital currency will be distributed using a two-tiered system to help get it into consumers’ hands

China has become the first major economy to roll out a digital currency.  The e-yuan will bypass the global financial system. Economists, however, warn it could endanger the US dollar long-term.  See more stories on Insider’s business page. The People’s Republic of China (PBOC) introduced its first blockchain-powered digital currency controlled by its central bank,…