Trump-Themed PoliFi Tokens Blame Bitcoin Downtrend As China Stimulus Hopes Reversal

Elsewhere in China, the PBoC began rolling out a $70.6 billion fund called the Securities, Funds and Insurance Companies Exchange Facility, Caixin reported, which will allow financial institutions to pledge bonds, ETFs in exchange and specific actions to the PBoC. for liquid assets such as government bonds, which they can use to provide additional financing for the purchase of shares as a form of market stabilization.