Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use ...

China might permit yuan-backed stablecoins. This move aims to enhance the yuan's global presence. The State Council will ...

China is reportedly exploring the introduction of a yuan-backed stablecoin, according to sources cited by Reuters. If ...

India imposes one of the world’s harshest crypto tax regimes: a flat 30% levy on capital gains and a 1% tax deducted at ...

BANGKOK: China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its ...

China is considering launching a yuan-backed stablecoin to strengthen the currency’s global influence. The timing aligns with ...

Talk of a State Council plan on yuan internationalisation fuels speculation, as Hong Kong rolls out stablecoin rules and the U.S. pushes ahead with crypto laws.

China is reportedly on the brink of a significant policy shift that may see the introduction of yuan-backed stablecoins, a ...

Mainland China stocks advanced on Thursday, with the Shanghai benchmark closing at a decade high level, driven by hefty gains in fintech and stablecoin-concept shares after a Reuters report signalled ...

Concern over competitiveness raises possibility of digital currency using public rather than private blockchain ...

China launched its own digital yuan, the e-CNY issued by its central bank, on a trial basis in 2019.View on euronews ...

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.