The gold price is rising to the sky above 3.44x/ounce like this, so there will be a strong increase soon. Patience is key at this moment.
According to sources, the State Council of China is expected to review the policy roadmap at the end of August, which may allow the issuance and use of stablecoins backed by the renminbi. This plan is likely aimed at expanding the international role of the renminbi, while also assigning specific responsibilities to regulatory agencies such as the People's Bank of China (PBOC).
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