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Yuan Usage Soars in Argentina: Over 500 Companies Request to Pay for Imports in Chinese Currency, Report

Yuan Usage Soars in Argentina: Over 500 Companies Request to Pay for Imports in Chinese Currency, Report

Over 500 companies in Argentina have reportedly requested to pay for imports using Chinese yuan as the U.S. dollar shortage worsens. “The central bank...

Argentina Settled Almost 20% of Its Imports in April and May Using the Chinese Yuan

Argentina Settled Almost 20% of Its Imports in April and May Using the Chinese Yuan

The government of Argentina has noted that 19% of all imports authorized in the national system were settled using the Chinese yuan in April and May....

Iran introduces crypto payment platform for imports

Iran introduces crypto payment platform for imports

Iranian authorities have established a dedicated platform to simplify crypto payments for companies importing goods into the country. The platform ena...

Iran Sets Up Platform to Facilitate Crypto Payments for Imports

Iran Sets Up Platform to Facilitate Crypto Payments for Imports

Authorities in Iran are taking steps to make crypto payments easier for companies importing goods in the sanctioned country. A dedicated platform has...

Argentina turns to Yuan for imports as dollar reserves decline

Argentina turns to Yuan for imports as dollar reserves decline

In a strategic move to maintain economic activity without putting pressure on its central bank reserves, Argentina has turned to the Chinese yuan for...


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