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China 🇨🇳 is expected to acknowledge a significant decline in domestic demand next week, while unveiling the much-anticipated details of a fiscal stimulus package aimed at supporting growth. Beijing is also anticipated to reveal its spending plans for defense and technology development in the coming year, along with policies to support the private sector. Over the past two years, China has rolled out multiple economic stimulus packages and eased monetary policies. However, these efforts paused after President Trump’s victory in the U.S. election, which led to further weakening of the Yuan against the USD. But it seems the Chinese government is about to fire up the BRRR.... printing machine again.
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According to a report by Triple-A, Canada is one of the world’s leading countries in Bitcoin adoption, with 10.1% of its population owning cryptocurrency—higher than Australia (9.6%), Norway (8.7%), and Germany (8.3%). In Canada, Bitcoin is legally classified as a commodity, providing a clear legal framework for both individuals and businesses. Source X @Cointelegraph
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