The term CHOYNA is a distortion of China, a country where the cryptocurrency market is highly active. The country is considered very influential in the crypto market and also accounted for majority of Bitcoin mining and trading, until the government unleashed severe crackdown. This misspelling of China is also attributed to the US President Donald Trump's way of saying "China".
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.