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Trump-Themed PoliFi Tokens Buck Bitcoin Downtrend as China Stimulus Hopes Return

by SB Crypto Guru News
October 11, 2024
in Crypto Updates
Reading Time: 1 min read
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Elsewhere in China, the PBoC has begun to roll out a $70.6 billion fund called the Securities, Funds, and Insurance Companies Swap Facility, Caixin reported, which will allow financial institutions to pledge bonds, ETFs, and specific stock holdings to the PBoC in exchange for liquid assets like government bonds, which they can use to secure additional financing for stock purchases as a form of market stabilization.



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