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China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status ...
China is considering launching a yuan-backed stablecoin to strengthen the currency’s global influence. The timing aligns with ...
The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
China is considering allowing the usage of yuan-backed stablecoins for the first time in a move aimed at boosting the global ...
As U.S.-backed stablecoins gain traction, they threaten to bypass China’s financial controls. The Chinese government is poised to counter with its own tightly regulated digital money.
India imposes one of the world’s harshest crypto tax regimes: a flat 30% levy on capital gains and a 1% tax deducted at ...
China is reportedly on the brink of a significant policy shift that may see the introduction of yuan-backed stablecoins, a ...
China is reportedly exploring the introduction of a yuan-backed stablecoin, according to sources cited by Reuters. If ...
Mainland China stocks advanced on Thursday, with the Shanghai benchmark closing at a decade high level, driven by hefty gains ...
China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, ...
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of ...
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...